Iradimed (IRMD) officer RSU conversion and share disposition details disclosed
Rhea-AI Filing Summary
Iradimed Corporation reported an insider equity transaction by an officer serving as Chief Commercial Officer. On December 11, 2025, the officer converted 996 restricted stock units into common stock and disposed of 309 shares at $97.38 per share, resulting in 687 shares of common stock held directly afterward.
The restricted stock units were granted under Iradimed’s 2023 Equity Incentive Plan and convert into common stock on a one-for-one basis. They vest in three equal annual installments beginning on December 11, 2025. Following this activity, the officer beneficially owned 1,994 restricted stock units in addition to the directly held common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 996 | $0.00 | -- |
| Exercise | Common Stock | 996 | $0.00 | -- |
| Tax Withholding | Common Stock | 309 | $97.38 | $30K |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. The reporting person received RSUs under Iradimed Corporation's 2023 Equity Incentive Plan. The RSUs vest in three equal annual installments beginning on December 11, 2025. 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 insider transaction did Iradimed (IRMD) report in this filing?
An officer of Iradimed Corporation reported converting 996 restricted stock units into common stock and disposing of 309 shares, leaving 687 shares of common stock held directly.
How many restricted stock units did the Iradimed (IRMD) officer convert and at what ratio?
The officer converted 996 restricted stock units, which convert into common stock on a one-for-one basis, resulting in 996 shares of common stock before subsequent dispositions.
How many restricted stock units remain outstanding for the Iradimed (IRMD) officer?
Following the transaction, the officer beneficially owned 1,994 restricted stock units, which are tied to Iradimed common stock.
What is the vesting schedule for the Iradimed (IRMD) restricted stock units?
The restricted stock units were granted under Iradimed’s 2023 Equity Incentive Plan and vest in three equal annual installments beginning on December 11, 2025.
What is the reporting person’s role at Iradimed (IRMD)?
The reporting person is identified as an officer of Iradimed Corporation, serving as Chief Commercial Officer.