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Iradimed (NASDAQ: IRMD) family trusts disclose 4.45M shares, 34.8% ownership

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Iradimed Corporation Amendment No. 3 to a Schedule 13G/A discloses beneficial ownership positions held by Roger E. Susi and related trusts. The filing reports 4,450,450 shares beneficially owned in aggregate, equal to 34.8% of common stock based on April 30, 2026 outstanding shares.

The disclosure breaks ownership into: 162,950 shares held by the Roger E. Susi Revocable Trust, 2,062,500 shares held by the Matthew Susi 2008 Dynasty Trust, and 2,225,000 shares held by the Phillip Susi 2008 Dynasty Trust. It reports voting and dispositive power allocations and identifies trustees and settlor relationships.

Positive

  • None.

Negative

  • None.

Insights

Family trusts control a material minority stake with combined voting influence.

The filing shows a combined beneficial position of 4,450,450 shares, or 34.8%, calculated on April 30, 2026. Reported allocations list sole voting/dispositive power for the settlor's revocable trust and sole powers for two dynasty trusts; a separate trustee holds shared power for the dynasty trusts.

These ownership and voting allocations matter for board influence and proxy outcomes. Subsequent filings or any sales by these holders would change the ownership profile recorded here.

Amendment clarifies beneficial ownership and power-of-vote breakdowns across related trusts.

The statement references 12,783,035 shares outstanding as of April 30, 2026 as the base for percentage calculations. It identifies the settlor and trustee roles for each trust and quantifies sole versus shared voting and dispositive powers by reporting person.

Filing mechanics: this is an amended Schedule 13G/A under passive/beneficial ownership reporting rules; any change in voting or disposition would require further amendment.

Aggregate beneficially owned 4,450,450 shares aggregate of RT, MT, PT holdings
Ownership percentage <percent>34.8%</percent> calculated on <date>April 30, 2026</date>
Shares outstanding used 12,783,035 shares outstanding as of <date>April 30, 2026</date> per Form 10-Q
RT shares 162,950 shares Roger E. Susi Revocable Trust holding
MT shares 2,062,500 shares Matthew Susi 2008 Dynasty Trust holding
PT shares 2,225,000 shares Phillip Susi 2008 Dynasty Trust holding
Shared voting power reported 4,287,500 shares shared voting/dispositive power attributed to J. Richard Susi
Beneficial owner regulatory
"Rows 5-11 list amounts beneficially owned by each Reporting Person"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Settlor legal
"Roger E. Susi is the settlor and trustee of RT and settlor of MT and PT"
SCHEDULE 13G/A regulatory
"Amendment No. 3 to SCHEDULE 13G/A discloses beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Sole/Shared Dispositive Power regulatory
"Rows 7 and 8 report sole and shared dispositive powers for each holder"





46266A109

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 5 and 7 represent 162,950 shares of common stock (the "RT Shares"), par value $0.0001 per share ("Common Stock"), of Iradimed Corporation (the "Issuer") held by the Roger E. Susi Revocable Trust ("RT"). Roger E. Susi is the settlor and trustee of RT. Row 6 and 8 represent 2,062,500 shares of Common Stock (the "MT Shares") held by the Matthew Susi 2008 Dynasty Trust ("MT") and 2,225,000 shares of Common Stock (the "PT Shares") held by the Phillip Susi 2008 Dynasty Trust ("PT"). Roger E. Susi is the settlor for each of MT and PT, which are irrevocable, but for which Roger Susi holds rights as the settlor to substitute the assets of MT and PT in certain circumstances. J. Richard Susi, the brother of Roger Susi, is the trustee for each of MT and PT. Row 9 represents (i) the RT Shares plus (ii) the MT Shares plus (iii) the PT Shares. Row 11 percentage is calculated based upon 12,783,035 shares of Common Stock outstanding of the Issuer as of April 30, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 1, 2026 (the "Form10-Q").


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 5, 7, and 9 represent the RT Shares. Roger E. Susi is the settlor and trustee of RT. Row 11 percentage is calculated based upon 12,783,035 shares of Common Stock outstanding of the Issuer as of April 30, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 1, 2026 (the "Form10-Q").


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 5, 7, and 9 represent the MT Shares. Roger E. Susi is the settlor of MT which is irrevocable, but for which Roger Susi has rights as the settlor to substitute the assets of MT in certain circumstances. J. Richard Susi, the brother of Roger Susi, is the trustee of MT. Row 11 percentage is calculated based upon 12,783,035 shares of Common Stock outstanding of the Issuer as of April 30, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 1, 2026 (the "Form10-Q").


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 5, 7, and 9 represent the PT Shares. Roger E. Susi is the settlor of PT which is irrevocable, but for which Roger Susi has rights as the settlor to substitute the assets of PT in certain circumstances. J. Richard Susi, the brother of Roger Susi, is the trustee of PT. Row 11 percentage is calculated based upon 12,783,035 shares of Common Stock outstanding of the Issuer as of April 30, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 1, 2026 (the "Form10-Q").


SCHEDULE 13G




Comment for Type of Reporting Person: Row 6, 8, and 9 represent (i) the MT Shares plus (ii) the PT Shares. Row 11 percentage is calculated based upon 12,783,035 shares of Common Stock outstanding of the Issuer as of April 30, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 1, 2026 (the "Form10-Q").


SCHEDULE 13G



Roger E. Susi
Signature:/s/ Roger E. Susi
Name/Title:Roger E. Susi
Date:05/14/2026
Roger E. Susi Revocable Trust
Signature:/s/ Roger E. Susi
Name/Title:Roger E. Susi
Date:05/14/2026
Matthew Susi 2008 Dynasty Trust
Signature:/s/ J. Richard Susi
Name/Title:J. Richard Susi
Date:05/14/2026
Phillip Susi 2008 Dynasty Trust
Signature:/s/ J. Richard Susi
Name/Title:J. Richard Susi
Date:05/14/2026
J. Richard Susi
Signature:/s/ J. Richard Susi
Name/Title:J. Richard Susi
Date:05/14/2026

FAQ

How are voting and dispositive powers allocated among the Susi reporting persons?

The filing shows the Revocable Trust holds 162,950 sole voting and dispositive shares, while the two dynasty trusts hold sole voting/dispositive power over 2,062,500 and 2,225,000 shares respectively. Shared voting power of 4,287,500 is reported for one trustee.

Which entities are identified as trustees or settlors in the Schedule 13G/A?

The filing names Roger E. Susi as settlor (and trustee for the revocable trust) and identifies J. Richard Susi as trustee of the two dynasty trusts. Each trust is described with its role and limited substitution rights where applicable.

On what date are the outstanding shares used to calculate the percentages?

Percentages are calculated based on 12,783,035 shares outstanding as of April 30, 2026. That figure is cited from the Issuer's Quarterly Report on Form 10-Q filed on May 1, 2026, which the Schedule references for its calculations.

Does the filing indicate any transfer or sale of shares?

No transfer or sale is reported in this amendment; it updates beneficial ownership figures. The filing lists current share counts and voting/dispositive powers but does not describe transactions or dispositions in the provided excerpt.