iRhythm CEO sells shares to cover tax on RSU vest
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Rhea-AI Filing Summary
iRhythm Holdings, Inc. reports that President and CEO Quentin S. Blackford had 48,534 shares of common stock credited to him upon the Compensation & Human Capital Management Committee’s determination that performance conditions for previously granted performance RSUs were met on August 7, 2026. On August 10, 2026, he sold 26,859 shares of common stock at $124.6514 per share to cover tax withholding and remittance obligations related to the vesting of those performance RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 26,859 | $124.6514 | $3.35M |
| Grant/Award | Common Stock F1 | 48,534 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents the acquisition of shares upon the determination of the Compensation & Human Capital Management Committee of the Board of Directors of the Issuer that the performance conditions were met with respect to performance Restricted Stock Units ("RSUs") granted to the Reporting Person on August 7, 2023.
- F2. These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of performance RSUs.
Key Figures
Key Terms
performance Restricted Stock Units financial
tax withholding and remittance obligations financial
Compensation & Human Capital Management Committee financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did iRhythm Holdings (IRTC) report for Quentin S. Blackford?
What equity award did the iRhythm (IRTC) CEO receive in this Form 4?
Were the iRhythm (IRTC) CEO’s transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.