IRADIMED Director Converts 698 Units Into Shares
The RSUs vest in three equal annual installments beginning September 23, 2026.
Rhea-AI Filing Summary
IRADIMED CORP director Joe E. Kiani reported the conversion of 698 restricted stock units into 698 common shares on September 23, 2026. After the transaction, he directly held 1,397 restricted stock units and 698 common shares.
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Insider Trade Summary
698 shares exercised/converted
Exercise
2 txns
Insider
KIANI JOE E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 698 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 698 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,397 contracts (Direct);
Common Stock — 698 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Iradimed Corporation's common stock.
- F2. The reporting person received restricted stock units ("RSUs") under Iradimed Corporation's 2023 Equity Incentive Plan. The RSUs vest in three equal annual installments beginning on September 23, 2026. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of RSUs that have vested.
Key Figures
Restricted stock units converted: 698 RSUs
Common shares received: 698 shares
Restricted stock units held after transaction: 1,397 RSUs
+1 more
4 metrics
Restricted stock units converted
698 RSUs
September 23, 2026
Common shares received
698 shares
Upon conversion of the RSUs on September 23, 2026
Restricted stock units held after transaction
1,397 RSUs
Direct holdings following the September 23, 2026 transaction
Common shares held after transaction
698 shares
Direct holdings following the September 23, 2026 transaction
Key Terms
Restricted Stock Units, 2023 Equity Incentive Plan, contingent right
3 terms
Restricted Stock Units financial
"restricted stock units vest in three equal annual installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2023 Equity Incentive Plan financial
"under Iradimed Corporation's 2023 Equity Incentive Plan"
contingent right financial
"represents a contingent right to receive one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When do IRMD's restricted stock units vest?
The RSUs vest in three equal annual installments beginning September 23, 2026. Upon vesting, Kiani is to receive common shares equal to the number of RSUs that have vested.
Was Joe E. Kiani's IRMD transaction under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.