IRADIMED (NASDAQ: IRMD) CEO sells 7,500 trust-held shares under plan
Rhea-AI Filing Summary
IRADIMED CORP director and CEO Roger E. Susi reported open-market sales of 7,500 shares of Common Stock, executed indirectly through the Phillip Susi 2008 Dynasty Trust. The sales occurred on March 23–24, 2026 at prices around $100 per share, including transactions at $99.58, $100.03, $100.71, $100.70 and $102.02 per share.
A footnote states these trades were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 5, 2025, indicating a scheduled selling program rather than ad hoc market timing. After the transactions, the Phillip Susi 2008 Dynasty Trust held 2,232,500 shares, while other indirect holdings included 2,062,500 shares in the Matthew Susi 2008 Dynasty Trust and 162,950 shares in the Roger E. Susi Revocable Trust as of March 23, 2026. Susi disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
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Insights
IRADIMED’s CEO executed a modest, pre-planned share sale via family trusts, retaining a large remaining position.
The filing shows Roger E. Susi, IRADIMED’s CEO, president and chairman, oversaw open-market sales totaling 7,500 Common Stock shares through the Phillip Susi 2008 Dynasty Trust. Reported weighted-average prices are around $100 per share, with specific trades up to $102.02.
A key footnote explains these sales were made under a Rule 10b5-1 trading plan adopted on November 5, 2025, suggesting routine portfolio management rather than opportunistic timing. The filing also lists substantial remaining indirect holdings across multiple trusts, indicating that only a small fraction of the overall position was sold in these transactions.
FAQ
What did IRADIMED (IRMD) CEO Roger E. Susi report in this Form 4?
At what prices were the IRADIMED (IRMD) insider share sales executed?
Were the IRADIMED (IRMD) CEO’s share sales made under a Rule 10b5-1 plan?
How are the sold IRADIMED (IRMD) shares held in relation to Roger E. Susi?
What IRADIMED (IRMD) shareholdings remain in the related trusts after these transactions?
Does the IRADIMED (IRMD) Form 4 show any option exercises or derivative transactions?