iRadimed Executive's Stock Move Shows Confidence: Retains 70% of Newly Vested Shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
iRadimed CFO John Glenn reported significant insider transactions on June 20, 2025. The transactions involved:
- Acquisition of 5,796 shares through the vesting of Restricted Stock Units (RSUs)
- Disposition of 1,412 shares at $58.24 per share through share withholding for tax purposes
- Net beneficial ownership change to 13,151 shares held directly
The RSUs were originally granted on June 20, 2022, under iRadimed's 2014 Equity Incentive Plan, vesting in four equal annual installments starting June 20, 2023. This transaction represents the third vesting installment. The Form 4 was filed within the required reporting timeframe, demonstrating compliance with SEC disclosure requirements.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,796 shares exercised/converted
Mixed
3 txns
Insider
GLENN JOHN
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,796 | $0.00 | -- |
| Exercise | Common Stock | 5,796 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,412 | $58.24 | $82K |
Holdings After Transaction:
Restricted Stock Units — 5,796 shares (Direct);
Common Stock — 14,563 shares (Direct)
Footnotes (1)
- Represents shares of common stock that the Reporting Peron received upon the vesting of restricted stock units ("RSUs") on a one-for-one basis. On June 20, 2022, the Reporting Person received RSUs under Iradimed Corporation's 2014 Equity Incentive Plan. The RSUs vest in four equal annual installments beginning on June 20, 2023. Upon vesting, the Reporting Person will receive a number of shares of common stock equal to the number of RSUs that have vested.
FAQ
What is the vesting schedule for IRMD CFO John Glenn's RSU grant from 2022?
The RSUs granted to John Glenn on June 20, 2022, under Iradimed Corporation's 2014 Equity Incentive Plan vest in four equal annual installments beginning on June 20, 2023.