Planned sale: IRADIMED (IRMD) family trust unloads 7,500 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IRADIMED CORP director and CEO Roger E. Susi reported planned insider sales of company stock through a family trust. A total of 7,500 shares of common stock were sold on March 6, 2026 by the Phillip Susi 2008 Dynasty Trust in open-market transactions at weighted average prices of $98.25 and $99.12 per share, under a Rule 10b5-1 trading plan adopted on November 5, 2025. Following these sales, indirect holdings reported for related trusts included 162,950 shares held by the Roger E. Susi Revocable Trust and 2,062,500 shares held by the Matthew Susi 2008 Dynasty Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,500 shares ($737,919)
Net Sell
4 txns
Insider
Susi Roger E.
Role
CEO, PRESIDENT, CHAIRMAN
Sold
7,500 shs ($738K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,300 | $98.25 | $619K |
| Sale | Common Stock | 1,200 | $99.12 | $119K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,256,200 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 $98.00 to $99.00. 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 $99.01 to $99.22. 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 did IRADIMED (IRMD) insider Roger E. Susi report on this Form 4?
Roger E. Susi reported indirect sales of IRADIMED common stock by a related trust. The Form 4 shows 7,500 shares sold in open-market transactions on March 6, 2026, while several trusts continue to hold substantial indirect positions after the reported trades.
Was the IRADIMED (IRMD) insider sale part of a Rule 10b5-1 plan?
Yes. The Form 4 states the sales were effected under a Rule 10b5-1 trading plan. This trading plan was adopted by the reporting person on November 5, 2025, providing a pre-arranged framework for executing trades according to predetermined instructions.
How does the Form 4 describe price ranges for the IRADIMED (IRMD) sales?
The Form 4 notes that individual trades were executed across price ranges. One group of trades occurred between $98.00 and $99.00, and another between $99.01 and $99.22, with reported weighted average sale prices of $98.25 and $99.12 respectively for disclosure purposes.