Planned sale: iRhythm (NASDAQ: IRTC) EVP sells 732 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
iRhythm Holdings, Inc. executive vice president of strategic business operations Mervin Smith reported an open-market sale of common stock. On February 24, 2026, he sold 732 shares at an average price of $140.91 per share.
After this transaction, Smith directly owned 15,106 shares of iRhythm common stock. The sale was executed under a pre-established Rule 10b5-1 trading plan that Smith adopted on November 19, 2025, indicating the trades were made according to a predetermined schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 732 shares ($103,146)
Net Sell
1 txn
Insider
Smith Mervin
Role
EVP Strategic Business Ops
Sold
732 shs ($103K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 732 | $140.91 | $103K |
Holdings After Transaction:
Common Stock — 15,106 shares (Direct)
Footnotes (1)
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FAQ
What did iRhythm (IRTC) executive Mervin Smith report in this Form 4 filing?
Mervin Smith reported an open-market sale of iRhythm common stock. He sold 732 shares at an average price of $140.91 per share, and after the transaction he directly held 15,106 shares, according to the Form 4 disclosure.
Was the iRhythm (IRTC) insider sale by Mervin Smith under a Rule 10b5-1 plan?
Yes. The Form 4 footnote states the sale was executed under a Rule 10b5-1 trading plan. The plan was established by Mervin Smith on November 19, 2025, indicating the sale followed a pre-arranged trading schedule rather than discretionary timing.
What is Mervin Smith’s role at iRhythm (IRTC) mentioned in the Form 4?
The Form 4 identifies Mervin Smith as an officer of iRhythm with the title “EVP Strategic Business Ops.” This means he serves as executive vice president for strategic business operations while also being a reporting person for insider transactions.