iRhythm (IRTC) risk chief nets RSU award, sells shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,217 shares ($841,899)
Net Sell
2 txns
Insider
Shrishrimal Sumi
Role
EVP, Chief Risk Officer
Sold
6,217 shs ($842K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,217 | $135.4189 | $842K |
| Grant/Award | Common Stock | 11,294 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 39,182 shares (Direct)
Footnotes (1)
- 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. These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of performance RSUs.
FAQ
What insider transactions did iRhythm (IRTC) EVP Sumi Shrishrimal report?
Sumi Shrishrimal reported acquiring 11,294 iRhythm shares from vested performance RSUs and selling 6,217 shares. The sale was specifically to cover tax withholding obligations related to the RSU vesting, leaving her with 39,182 shares held directly after the transactions.
What role does the reporting person hold at iRhythm (IRTC)?
The reporting person, Sumi Shrishrimal, serves as Executive Vice President and Chief Risk Officer at iRhythm. Her Form 4 details equity compensation activity through performance RSUs and a tax-withholding share sale, clarifying how her direct ownership position changed over two consecutive February 2026 dates.