IRADIMED (IRMD) CEO-linked trust sells 7,500 shares in 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IRADIMED CORP director and CEO Roger E. Susi reported that the Phillip Susi 2008 Dynasty Trust, an entity associated with him, sold a total of 7,500 shares of common stock in open-market transactions on May 26–27, 2026.
The reported weighted-average sale prices ranged from about $91.85 to $92.93 per share across four trades. After these sales, the trust continued to hold 2,165,333 shares of IRADIMED common stock indirectly. All transactions were carried out under a pre-established Rule 10b5-1 trading plan adopted on November 5, 2025, indicating they were pre-planned rather than discretionary.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,500 shares ($691,044)
Net Sell
4 txns
Insider
Susi Roger E.
Role
CEO, President, Chairman
Sold
7,500 shs ($691K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,167 | $91.85 | $199K |
| Sale | Common Stock | 333 | $92.61 | $31K |
| Sale | Common Stock | 3,111 | $91.81 | $286K |
| Sale | Common Stock | 1,889 | $92.93 | $176K |
Holdings After Transaction:
Common Stock — 2,165,333 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 November 5, 2025. This transaction was executed in multiple trades at prices ranging from $91.35 to $92.30. 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 $92.70 to $93.14. 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 $91.41 to $92.38. 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 $92.54 to $93.11. 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.
Key Figures
Total shares sold: 7,500 shares
Sale price (May 27 trade 1): $92.61 per share
Sale price (May 27 trade 2): $91.85 per share
+5 more
8 metrics
Total shares sold
7,500 shares
Open-market sales on May 26–27, 2026
Sale price (May 27 trade 1)
$92.61 per share
333 shares of common stock sold
Sale price (May 27 trade 2)
$91.85 per share
2,167 shares of common stock sold
Sale price (May 26 trade 1)
$92.93 per share
1,889 shares of common stock sold
Sale price (May 26 trade 2)
$91.81 per share
3,111 shares of common stock sold
Shares held after sales
2,165,333 shares
Indirect ownership by Phillip Susi 2008 Dynasty Trust
Number of sale transactions
4 transactions
All coded as open-market sales (S)
Trading plan adoption date
November 5, 2025
Rule 10b5-1 plan governing the reported sales
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale, indirect ownership, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
open-market sale financial
"transaction_action: "open-market sale" with transaction code "S" for common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "By Phillip Susi 2008 Dynasty Trust""
multiple trades at prices ranging financial
"This transaction was executed in multiple trades at prices ranging from $91.35 to $92.30."
FAQ
What insider transaction did IRADIMED (IRMD) report for Roger E. Susi?
IRADIMED reported that the Phillip Susi 2008 Dynasty Trust, associated with CEO Roger E. Susi, sold 7,500 shares of common stock in open-market trades. These transactions occurred on May 26–27, 2026, under a pre-established Rule 10b5-1 trading plan.
Were the recent IRADIMED (IRMD) insider sales pre-planned under Rule 10b5-1?
Yes. A footnote states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on November 5, 2025. Such plans pre-schedule trades, indicating these sales were arranged in advance rather than timed reactively to short-term market developments.
Who executed the IRADIMED (IRMD) stock sales reported in this Form 4?
The sales were executed by the Phillip Susi 2008 Dynasty Trust, which holds IRADIMED shares indirectly for CEO Roger E. Susi. The Form 4 lists ownership as indirect, with the trust named in the nature of ownership for each transaction.