IRADIMED (IRMD) insider trust logs planned Rule 10b5-1 stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IRADIMED CORP insider activity centers on trust-managed share sales linked to CEO Roger E. Susi. On January 26, 2026, the Phillip Susi 2008 Dynasty Trust sold 4,339 common shares at a weighted average price of $100.54 and 661 shares at $101.38, both under a pre-established Rule 10b5-1 trading plan adopted on June 16, 2025.
After these sales, that trust held 2,262,500 shares. The filing also lists 162,950 shares held by the Roger E. Susi Revocable Trust and 2,062,500 shares held by the Matthew Susi 2008 Dynasty Trust, with Susi expressly disclaiming beneficial ownership of the latter beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($503,255)
Net Sell
4 txns
Insider
Susi Roger E.
Role
CEO, PRESIDENT, CHAIRMAN
Sold
5,000 shs ($503K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,339 | $100.54 | $436K |
| Sale | Common Stock | 661 | $101.38 | $67K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,263,161 shares (Indirect, By Phillip Susi 2008 Dynasty Trust)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 16, 2025. This transaction was executed in multiple trades at prices ranging from $100.05 to $100.95. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $101.14 to $101.65. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
FAQ
What insider transaction did IRADIMED (IRMD) report in this Form 4?
The Form 4 reports common stock sales by the Phillip Susi 2008 Dynasty Trust associated with IRADIMED CEO Roger E. Susi. It discloses two planned sales, remaining indirect holdings across multiple trusts, and clarifies Susi’s beneficial ownership through an explicit disclaimer for one of the trusts.
Who is the reporting person in IRMD’s Form 4 and what is their role?
The reporting person is Roger E. Susi, who serves as IRADIMED’s CEO, President, Chairman, director, and a more-than-10% owner. The reported transactions, however, occur through related trusts rather than direct personal accounts, reflecting his indirect ownership structure in the company’s common stock.
What is the Rule 10b5-1 trading plan mentioned in the IRMD filing?
The sales were made under a Rule 10b5-1 trading plan adopted on June 16, 2025. Such plans pre-schedule trades according to preset instructions, allowing insiders to sell shares over time under predetermined conditions, which can help separate trading activity from day-to-day informational decisions.