iRhythm (IRTC) CAO sells 816 shares in tax-withholding stock transactions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
iRhythm Holdings, Inc. Chief Accounting Officer Marc Wade Rosenbaum reported two small sales of common stock related to equity compensation. On March 2, 2026, he sold 399 shares at $128.447 per share and 417 shares at $128.452 per share. A footnote states these sales were made to cover tax withholding and remittance obligations tied to vesting Restricted Stock Units, rather than discretionary selling. After these transactions, he directly held 16,706 shares of iRhythm common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 816 shares ($104,815)
Net Sell
2 txns
Insider
Rosenbaum Marc Wade
Role
Chief Accounting Officer
Sold
816 shs ($105K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 399 | $128.447 | $51K |
| Sale | Common Stock | 417 | $128.452 | $54K |
Holdings After Transaction:
Common Stock — 17,123 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did iRhythm (IRTC) disclose for Marc Wade Rosenbaum?
iRhythm disclosed that Chief Accounting Officer Marc Wade Rosenbaum sold 816 shares of common stock on March 2, 2026. The shares were sold in two small transactions specifically to cover tax withholding obligations from vesting Restricted Stock Units.
What is the transaction code used in the iRhythm (IRTC) Form 4 for these sales?
The Form 4 lists the transaction code as “S,” indicating open-market or private sales of common stock. Although coded as sales, the filing’s footnote clarifies that the transactions were executed solely to cover tax withholding tied to RSU vesting.
Does the iRhythm (IRTC) Form 4 indicate the CAO was buying or selling stock overall?
The Form 4 indicates net selling activity, with 816 shares sold and no shares purchased. Both transactions are classified as open-market sales, and the summary data shows a net-sell direction for the reporting period.