Iradimed (IRMD) director reports 1,026 restricted stock unit award
Rhea-AI Filing Summary
Iradimed Corporation director Monty K. Allen reported an equity award of derivative securities. On December 11, 2025, he received 1,026 restricted stock units (RSUs) under Iradimed Corporation's 2023 Equity Incentive Plan.
The RSUs convert into common stock on a one-for-one basis. They vest in two equal annual installments beginning on December 11, 2026, and upon each vesting date he will receive one share of common stock for each vested RSU. Following this grant, he beneficially owns 1,932 RSUs directly.
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FAQ
What insider transaction did IRMD report in this Form 4?
The filing reports that director Monty K. Allen received 1,026 restricted stock units (RSUs) of Iradimed Corporation common stock as an equity award on December 11, 2025.
How many restricted stock units were granted to the Iradimed (IRMD) director?
The director was granted 1,026 restricted stock units, each of which converts into one share of Iradimed Corporation common stock.
What is the vesting schedule of the 1,026 RSUs reported by IRMD?
According to the filing, the 1,026 restricted stock units vest in two equal annual installments beginning on December 11, 2026. Upon each vesting date, the reporting person will receive a number of common shares equal to the RSUs that have vested.
Under which plan were the Iradimed (IRMD) restricted stock units granted?
The restricted stock units were granted under Iradimed Corporation's 2023 Equity Incentive Plan.
How do the IRMD restricted stock units convert into common stock?
The filing states that the restricted stock units convert into common stock on a one-for-one basis, and upon vesting the reporting person will receive a number of shares of common stock equal to the number of vested RSUs.
How many derivative securities does the Iradimed (IRMD) director own after this grant?
After the reported transaction, the director beneficially owns 1,932 restricted stock units directly.
Was there a cash price paid for the Iradimed (IRMD) RSU grant?
The transaction table shows a price of $0 for the 1,026 restricted stock units, indicating the RSUs were granted as compensation rather than purchased for cash.