IRADIMED (IRMD) CFO converts RSUs to stock and uses 2,319 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IRADIMED CORP CFO John Glenn reported routine equity compensation activity. On June 20, 2026, he exercised 5,796 restricted stock units into the same number of common shares. To cover related tax obligations, 2,319 shares of common stock were disposed of as a tax-withholding transaction, not an open-market sale. After these entries, he directly holds 11,937 shares of IRADIMED common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,796 shares exercised/converted
Mixed
3 txns
Insider
GLENN JOHN
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,796 | $0.00 | -- |
| Exercise | Common Stock | 5,796 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,319 | $92.20 | $214K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 14,256 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Iradimed Corporation's common stock. The reporting person received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan. The restricted stock units vest in four equal annual installments beginning on June 30, 2023. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
Key Figures
RSUs converted: 5,796 units
Shares for tax withholding: 2,319 shares
Holding after tax transaction: 11,937 shares
+3 more
6 metrics
RSUs converted
5,796 units
Restricted stock units converted to common stock on June 20, 2026
Shares for tax withholding
2,319 shares
Common shares disposed of to satisfy tax obligations
Holding after tax transaction
11,937 shares
Directly held IRADIMED common stock following the tax-withholding disposition
Holding after RSU conversion
14,256 shares
Direct common stock position immediately after RSU conversion, before tax withholding
RSU conversion price
$0.00 per unit
Restricted stock units converted to common stock at no cash exercise price
Tax disposition reference price
$92.20 per share
Value used for 2,319-share tax-withholding disposition
Key Terms
Restricted Stock Units, tax-withholding disposition, Equity Incentive Plan
3 terms
Restricted Stock Units financial
"The reporting person received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" with 2,319 common shares delivered for taxes."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Equity Incentive Plan financial
"received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What did IRADIMED (IRMD) CFO John Glenn report in this Form 4 filing?
CFO John Glenn reported equity compensation activity involving restricted stock units. He converted 5,796 RSUs into common shares and 2,319 shares were used to satisfy tax obligations, leaving him with 11,937 directly held IRADIMED common shares after the transactions.
What happened to the IRADIMED restricted stock units in this Form 4?
5,796 restricted stock units were converted into 5,796 shares of IRADIMED common stock. The derivative RSU position shown in the filing dropped to zero afterward, indicating those units fully vested and were settled in shares for the CFO on June 20, 2026.