Trust tied to IRADIMED (NASDAQ: IRMD) CEO sells 5,000 via 10b5-1 plan
Rhea-AI Filing Summary
IRADIMED Corporation insider activity centered on trust-held shares linked to its CEO. A trust associated with CEO, President and Chairman Roger E. Susi, the Phillip Susi 2008 Dynasty Trust, sold a total of 5,000 shares of IRADIMED common stock on January 5, 2026 in multiple transactions coded as open-market sales.
The reported weighted average sale prices ranged from $95.10 to $99.48, with underlying trade price ranges disclosed between $94.55 and $99.60, all under a Rule 10b5-1 trading plan adopted on June 16, 2025. After these sales, the Phillip Susi 2008 Dynasty Trust held 2,277,500 shares, while additional indirect holdings reported for Roger E. Susi were 162,950 shares through the Roger E. Susi Revocable Trust and 2,062,500 shares through the Matthew Susi 2008 Dynasty Trust.
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FAQ
Who is the reporting person in this IRMD Form 4 filing?
The reporting person is Roger E. Susi, who serves as CEO, President, Chairman, a director, and a 10% owner of IRADIMED Corporation (IRMD). The reported transactions involve shares held indirectly through trusts associated with him.
How many IRMD shares were sold in this Form 4 and by whom?
A total of 5,000 shares of IRADIMED common stock were sold on January 5, 2026. The sales were reported as indirect, carried out by the Phillip Susi 2008 Dynasty Trust, a trust associated with Roger E. Susi.
At what prices were the IRMD shares sold in this insider transaction?
The 5,000 shares were sold in several trades with reported weighted average prices of $95.10, $95.58, $97.52, $98.42, and $99.48. Footnotes state that individual trade prices ranged from $94.55 up to $99.60.
Was this IRMD insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 16, 2025. Such plans allow pre-arranged trading according to preset instructions.
What IRMD shareholdings remain after the reported transactions?
Following the reported sales, the Phillip Susi 2008 Dynasty Trust held 2,277,500 IRADIMED common shares. The filing also reports indirect holdings of 162,950 shares by the Roger E. Susi Revocable Trust and 2,062,500 shares by the Matthew Susi 2008 Dynasty Trust.
Are the IRMD shares held directly by Roger E. Susi or through entities?
The shares in this filing are reported as held indirectly. The transactions involve the Phillip Susi 2008 Dynasty Trust, and additional holdings are reported through the Roger E. Susi Revocable Trust and the Matthew Susi 2008 Dynasty Trust.