iRhythm EVP sells shares to cover RSU taxes
iRhythm Holdings EVP and Chief Risk Officer Sumi Shrishrimal reported equity compensation activity and a related tax sale.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
iRhythm Holdings EVP and Chief Risk Officer Sumi Shrishrimal reported equity compensation activity and a related tax sale. On February 24, 2026, she acquired 11,294 shares of common stock at $0.00 per share from performance RSUs granted on February 27, 2023, after the board committee determined performance conditions were met. This increased her direct holdings to 45,399 shares. On February 25, 2026, she sold 6,217 shares of common stock at an average price of $135.4189 per share, leaving 39,182 shares held directly. A footnote states these shares were sold to cover tax withholding and remittance obligations tied to the vesting of the performance RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,217 | $135.4189 | $842K |
| Grant/Award | Common Stock | 11,294 | $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 February 27, 2023.
- F2. These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of performance RSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did iRhythm (IRTC) EVP Sumi Shrishrimal report?
What role does the reporting person hold at iRhythm (IRTC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.