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iRhythm Insider Trading Pattern Continues with New 936-Share Sale Notice

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

iRhythm Technologies (NASDAQ: IRTC) has filed a Form 144 notice for a proposed sale of securities by an insider. The filing details planned sales of 936 shares of common stock with an aggregate market value of $140,400, to be executed through Morgan Stanley Smith Barney LLC on the NASDAQ exchange around June 23, 2025.

The securities were originally acquired as Restricted Stock from the issuer on March 1, 2025. The selling party, Chad Patterson, has conducted several previous transactions in the past 3 months totaling:

  • 363 shares sold on June 10, 2025 ($54,450)
  • 8,510 shares sold on May 2, 2025 ($1,025,897.50)

The total outstanding shares of iRhythm Technologies are reported at 31,925,267. This Form 144 filing indicates the seller's representation that they are not aware of any material adverse non-public information regarding the company's operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

How many IRTC shares is the insider planning to sell according to the June 2025 Form 144?

According to the Form 144 filing, the insider plans to sell 936 shares of IRTC common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $140,400.00.

Who is selling IRTC shares and what is their recent trading history?

Chad Patterson, located at 699 8th Street, Suite 600, San Francisco CA, is the seller. In the past 3 months, Patterson has made several sales: 363 shares on June 10, 2025 ($54,450), and four separate transactions on May 2, 2025 totaling 8,510 shares with combined proceeds of approximately $1.026 million.

What is the source of IRTC shares being sold in this Form 144?

The shares being sold were acquired as Restricted Stock from the issuer (IRTC) on March 1, 2025. The filing indicates 936 shares were acquired on that date, and payment was listed as 'Not Applicable' as these were restricted stock grants.

What is IRTC's total shares outstanding according to the June 2025 Form 144?

According to the Form 144 filing, iRhythm Technologies (IRTC) has 31,925,267 shares outstanding as of the filing date.

When does the insider plan to execute the IRTC stock sale?

According to the Form 144 filing, the approximate date of sale is listed as June 23, 2025, and the shares will be sold on the NASDAQ exchange.
iRhythm Holdings, Inc

NASDAQ:IRTC

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3.69B
31.74M
Medical Devices
Surgical & Medical Instruments & Apparatus
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United States
San Francisco