iRhythm Holdings (IRTC) CEO sells 26,859 shares after 48,534 RSUs vest
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.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 21,675 shares
Net Buy
2 txns
Insider
Blackford Quentin S.
Role
President and CEO
Sold
26,859 shs ($3.35M)
| 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 |
Holdings After Transaction:
Common Stock — 226,008 shares (Direct)
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
Shares sold: 26,859 shares
Sale price per share: $124.6514 per share
Shares acquired from RSU vesting: 48,534 shares
+1 more
4 metrics
Shares sold
26,859 shares
Common stock sale on August 10, 2026
Sale price per share
$124.6514 per share
Average price for 26,859 shares sold
Shares acquired from RSU vesting
48,534 shares
Performance RSUs settled on August 7, 2026
Net shares sold (buy/sell count basis)
26,859 shares
Net shares in sale transactions reported in this Form 4
Key Terms
performance Restricted Stock Units, tax withholding and remittance obligations, Compensation & Human Capital Management Committee
3 terms
performance Restricted Stock Units financial
"performance Restricted Stock Units ("RSUs") granted to the Reporting Person"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
tax withholding and remittance obligations financial
"sold to cover tax withholding and remittance obligations in connection"
Compensation & Human Capital Management Committee financial
"determination of the Compensation & Human Capital Management Committee of the Board"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did iRhythm Holdings (IRTC) report for Quentin S. Blackford?
Quentin S. Blackford received 48,534 shares of iRhythm common stock upon vesting of performance RSUs, then sold 26,859 shares at $124.6514 per share to cover tax withholding and remittance obligations tied to that vesting.
What equity award did the iRhythm (IRTC) CEO receive in this Form 4?
The CEO was credited with 48,534 shares of common stock upon determination that performance conditions for performance Restricted Stock Units (RSUs) granted on August 7, 2023 were met, as determined by the Compensation & Human Capital Management Committee.
Were the iRhythm (IRTC) CEO’s transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. The sale is instead described via footnote as to cover tax withholding and remittance obligations related to performance RSU vesting.