iRhythm (IRTC) Form 144 Files Proposed 30,000-Share Sale via Morgan Stanley

Rhea-AI Filing Summary

Form 144 summary: Form 144 notifies a proposed sale of 30,000 common shares through Morgan Stanley Smith Barney LLC (Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004) on NASDAQ, approximate sale date 08/05/2025. Aggregate market value is reported as $4,816,190.87 and shares outstanding are reported as 32,127,763.

Acquisition history and disclosures: The form lists three acquisitions that total 30,000 shares—restricted stock 11/01/2023: 7,449; open-market purchase 06/06/2023: 9,755 (paid cash); restricted stock 11/01/2022: 12,796. The form states "Nothing to Report" for securities sold during the past three months. Several identification fields (filer CIK, issuer name, date of notice, signature) are blank in the provided content.

Positive

• Planned sale disclosed: 30,000 common shares via Morgan Stanley on NASDAQ with aggregate market value $4,816,190.87 and approximate sale date 08/05/2025.
• Acquisition history provided: Three acquisition entries (11/01/2023: 7,449; 06/06/2023: 9,755 paid in cash; 11/01/2022: 12,796) that total 30,000 shares, matching the shares to be sold.
• No recent sales reported: Form explicitly states "Nothing to Report" for securities sold during the past three months.

Negative

• Identifying information incomplete: Filer CIK and issuer name fields in the provided content are blank.
• Administrative details missing in excerpt: Date of notice and signature are not shown in the provided content.
• Submission contact fields blank: Submission contact name, phone, and email are not provided in the included text.

Insights

Securities Analyst

TL;DR: Proposed sale of 30,000 IRTC shares disclosed; acquisition history matches the shares to be sold; limited identifying data is provided.

The filing documents a planned sale of 30,000 common shares via Morgan Stanley on 08/05/2025 with an aggregate market value of $4,816,190.87. Acquisition entries in the filing (11/01/2023: 7,449; 06/06/2023: 9,755; 11/01/2022: 12,796) sum to the 30,000 shares proposed for sale, which is a clear, auditable linkage within the notice. The absence of reported sales in the prior three months is explicitly noted as "Nothing to Report." The document lacks completed filer and issuer identification fields in the provided excerpt, which limits external verification from this text alone.

Compliance / Risk Analyst

TL;DR: The form discloses a significant proposed sale but shows incomplete identification fields; no adverse disclosures are present in the content.

The notice includes required transaction details: broker name and address, security class, number of shares, aggregate market value, shares outstanding, and acquisition history including dates and payment nature. It explicitly states no securities sold in the past three months. However, key administrative fields visible in the provided content—such as filer CIK, issuer name, date of notice, and signature—are blank, which constrains assessment of filing completeness from this excerpt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	30000	4816190.87	32127763	08/05/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/01/2023	Restricted Stock	Issuer			7449	11/01/2023	Not Applicable
Common	06/06/2023	Open Market Purchase	Issuer			9755	06/06/2023	Cash
Common	11/01/2022	Restricted Stock	Issuer			12796	11/01/2022	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the IRTC Form 144 propose to sell?

The filing proposes sale of 30,000 common shares on NASDAQ via Morgan Stanley Smith Barney LLC, approximate sale date 08/05/2025, aggregate market value $4,816,190.87.

Who is the broker handling the proposed sale in the Form 144?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

How were the 30,000 shares acquired according to the filing?

Acquisitions listed: 11/01/2023 restricted stock 7,449; 06/06/2023 open-market purchase 9,755 (paid cash); 11/01/2022 restricted stock 12,796.

Does the Form 144 report any securities sold in the past three months?

No. The form explicitly lists "Nothing to Report" for securities sold during the past three months.

Are filer and issuer identification details present in the provided content?

No. In the provided excerpt the filer CIK and issuer name fields are blank and contact fields are not populated.

What is the shares outstanding figure reported on the Form 144?

The form reports 32,127,763 shares outstanding.