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IRMD adds director Kiani; filing shows no related‑party transactions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

iRadimed Corporation reported the appointment of Mr. Kiani to its board of directors and furnished a related press release as Exhibit 99.1. The board has determined that Mr. Kiani is "financially literate" under Nasdaq rules. The filing states there are no arrangements or understandings between Mr. Kiani and any other person regarding his appointment and that he has no transactions requiring disclosure under Item 404(a) of Regulation S-K. The notice appears limited to the director appointment and required disclosures; it does not provide biographical details, committee assignments, equity holdings, or other background information about Mr. Kiani.

Positive

  • Board appointment disclosed with exhibitable press release (Exhibit 99.1)
  • Board certified the director as financially literate under Nasdaq standards
  • No arrangements or understandings tied to the appointment, per the filing
  • No Item 404(a) transactions reported for the appointee

Negative

  • Limited disclosure: filing lacks biography, committee roles, and ownership details
  • No timeline for when any related equity grants or filings (if any) will be reported

Insights

Appointment appears routine with standard Nasdaq and disclosure language.

The board's explicit determination that the appointee is "financially literate" aligns with Nasdaq director-qualification expectations and signals compliance with governance norms. The statement that there are "no arrangements" and no Item 404(a) transactions is a routine but important disclosure that limits potential related-party concerns.

Key near-term items to confirm are the director's committee assignments and any equity grants or beneficial ownership changes; those details are not included here and could appear in later filings if applicable.

0001325618false00013256182025-08-272025-08-27

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): August 27, 2025

IRADIMED CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

001-36534

73-1408526

(Commission File Number)

(IRS Employer Identification No.)

 

 

12705 Ingenuity Drive, Orlando, Florida

32826

       (Address of principal executive offices)

(Zip Code)

(407) 677-8022

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:

 

Trading Symbol

 

Name of each exchange on which registered:

Common stock, par value $0.0001

 

IRMD

 

NASDAQ Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Anthony Vuoto Retirement

On August 27, 2025, Anthony Vuoto provided notice of his retirement from his position as a director of the board of directors (the “Board”) of Iradimed Corporation, a Delaware corporation (the “Company”), and as member of the Audit Committee of the Board (the “Audit Committee”) and the chairman of the Compensation Committee of the Board (the “Compensation Committee”) to the Board, effective immediately. Mr. Vuoto retired for personal reasons and did not retire as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

Joe Kiani Appointment

Following Mr. Vuoto’s retirement, on September 2, 2025, the Board appointed Joe Kiani as a director to fill the vacancy on the Board, effective immediately. Mr. Kiani will serve as a member of the Audit Committee and the chairman of the Compensation Committee. As a result of Mr. Kiani’s appointment following Mr. Vuoto’s retirement, the size of the Board will remain at five directors.

The Board has determined that Mr. Kiani qualifies as an independent director as defined in the Nasdaq Listing Rules (the “Nasdaq Rules”) and the rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). The Board has also determined that he is financially literate within the meaning of the Nasdaq Rules. There are no arrangements or understandings between Mr. Kiani and any other person pursuant to which he was appointed as a director. There are no transactions in which Mr. Kiani has an interest requiring disclosure under Item 404(a) of Regulation S-K.

Mr. Kiani will receive the same compensation pro rata as the Company’s other non-employee directors as described under “Director Compensation” in the Company’s definitive proxy statement for the 2025 Annual Meeting of Stockholders filed with the SEC on April 30, 2025.

Item 7.01 Regulation FD Disclosure.

On September 2, 2025, the Company issued a press release announcing the Board changes described in Item 5.02 of this Current Report on Form 8-K (this “Current Report”). A copy of this press release is furnished with this Current Report as Exhibit 99.1 and incorporated herein by reference.

The information in this Item 7.01 and the related information in Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise set forth by specific reference in such filing.

Item 9.01     Financial Statements and Exhibits.

(d)     Exhibits

Exhibit No.

Description

99.1

Press Release, dated September 2, 2025

104

Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

IRADIMED CORPORATION

 

 

 

 

Date: September 2, 2025

By:

/s/ John Glenn                                    

 

Name:

John Glenn

 

Title:

Chief Financial Officer

 

 

FAQ

What did iRadimed (IRMD) disclose in this 8-K about a new director?

The company announced the appointment of Mr. Kiani to the board, stated he is considered financially literate under Nasdaq rules, and furnished a press release as Exhibit 99.1.

Does the filing report any related‑party transactions for the new director?

No. The filing explicitly states there are no transactions requiring disclosure under Item 404(a) of Regulation S-K.

Are there any arrangements or understandings tied to the director appointment?

The filing states there are no arrangements or understandings between Mr. Kiani and any other person regarding his appointment.

Did iRadimed disclose the new director's committee assignments or background?

No. The filing does not provide biographical details, committee assignments, or ownership information for Mr. Kiani.

Where can investors find the full press release mentioned in the filing?

The press release is furnished with the Current Report as Exhibit 99.1 and is incorporated by reference into the filing.
Iradimed Corp

NASDAQ:IRMD

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