Iradimed Corporation (IRMD) director reports 905-share RSU conversion
Rhea-AI Filing Summary
Iradimed Corporation director Monty K. Allen reported converting 905 restricted stock units into shares of common stock on December 11, 2025, and now directly holds 22,000 shares.
The restricted stock units were granted on December 11, 2024 under Iradimed Corporation's 2023 Equity Incentive Plan and vest in two equal annual installments beginning December 11, 2025; after this transaction, 906 restricted stock units remain, each convertible into one share of common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 905 | $0.00 | -- |
| Exercise | Common Stock | 905 | $0.00 | -- |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. On December 11, 2024, the reporting person received restricted stock units under Iradimed Corporation's 2023 Equity Incentive Plan. The restricted stock units vest in two 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 restricted stock units that have vested.
FAQ
What insider transaction did Iradimed (IRMD) report in this filing?
Director Monty K. Allen converted 905 restricted stock units into shares of Iradimed common stock on December 11, 2025.
When were the restricted stock units originally granted and under which plan?
The restricted stock units were granted on December 11, 2024 under Iradimed Corporation's 2023 Equity Incentive Plan.
How do Iradimed (IRMD) restricted stock units convert into common stock?
Each restricted stock unit converts into one share of common stock on a one-for-one basis when it vests.
What is the vesting schedule for the director's restricted stock units at Iradimed (IRMD)?
The restricted stock units vest in two equal annual installments, beginning on December 11, 2025, with shares of common stock delivered upon each vesting event.