Form 144: Proposed sale of 2,585 IRTC performance shares
Mervin Smith reported proposed sales of Common Stock tied to performance shares.
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Rhea-AI Filing Summary
Mervin Smith reported proposed sales of Common Stock tied to performance shares. The filing lists 2,585 performance shares with a transaction date of 02/24/2026 and identifies the broker Morgan Stanley Smith Barney LLC.
The filing also records prior sales by Mervin Smith during the past three months: 1,352 shares on 03/02/2026 for $173,652.33, 4,041 shares on 02/25/2026 for $547,227.77, and 732 shares on 02/24/2026 for $103,146.12.
Insights
Form 144 lists a proposed sale of 2,585 performance shares and recent dispositions by the reporting person.
The notice records a proposed brokered sale dated 02/24/2026 and three completed dispositions in late February and early March 2026 with exact share counts and proceeds. This aligns with routine Rule 144 reporting for restricted or control securities.
Documentation shows broker details and per‑trade proceeds; timing and final settlement are tied to the listed dates. Subsequent filings will show actual settlement and any remaining restricted shares.
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