Iradimed (NASDAQ: IRMD) CFO John Glenn reports stock sales and RSU vesting
Rhea-AI Filing Summary
Iradimed Corporation’s chief financial officer, John Glenn, reported several personal stock transactions in the company’s common shares on December 11, 2025. He sold 14,468 shares at a weighted average price of $97.26 in multiple trades and an additional 532 shares at $98.09, as part of his ongoing equity activity.
On the same date, 1,812 restricted stock units (RSUs) converted into common stock on a one‑for‑one basis, and 714 shares were withheld at $97.38 to cover tax obligations, leaving him with 8,460 shares of common stock held directly. He also beneficially owns 3,624 RSUs granted under Iradimed’s 2023 Equity Incentive Plan, which vest in three equal annual installments beginning on December 11, 2025.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,812 | $0.00 | -- |
| Sale | Common Stock | 14,468 | $97.26 | $1.41M |
| Sale | Common Stock | 532 | $98.09 | $52K |
| Exercise | Common Stock | 1,812 | $0.00 | -- |
| Tax Withholding | Common Stock | 714 | $97.38 | $70K |
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $97.00 to $97.85. 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. 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 stock transactions did Iradimed (IRMD) report for its CFO on December 11, 2025?
Iradimed (IRMD) reported that its chief financial officer, John Glenn, conducted multiple transactions on December 11, 2025, including open-market sales of common stock, the conversion of restricted stock units (RSUs) into shares, and a share withholding to cover taxes related to equity vesting.
What restricted stock unit (RSU) activity did Iradimed’s CFO report in this filing?
On December 11, 2025, 1,812 RSUs held by John Glenn converted into Iradimed common stock on a one-for-one basis. These RSUs were granted under Iradimed Corporation’s 2023 Equity Incentive Plan and are part of a broader RSU award that vests over time.
How do the Iradimed 2023 Equity Incentive Plan RSUs for the CFO vest?
The RSUs granted to John Glenn under Iradimed Corporation’s 2023 Equity Incentive Plan vest in three equal annual installments beginning on December 11, 2025. Upon each vesting date, he will receive a number of shares of common stock equal to the number of RSUs that have vested.