iRhythm EVP reports RSU vesting, tax share sale
iRhythm Holdings, Inc. executive vice president Mervin Smith reported performance-based equity vesting and related tax sales of company stock.
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Rhea-AI Filing Summary
iRhythm Holdings, Inc. executive vice president Mervin Smith reported performance-based equity vesting and related tax sales of company stock. He acquired 9,210 shares of common stock on February 24, 2026 at $0.00 per share from performance RSUs after a board committee determined the performance conditions were met.
On February 25, 2026, he sold 4,041 shares of common stock at an average price of $135.4189 per share to cover tax withholding and remittance obligations tied to the RSU vesting. After these transactions, he directly owned 20,275 shares of iRhythm common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,041 | $135.4189 | $547K |
| Grant/Award | Common Stock | 9,210 | $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 August 11, 2023.
- F2. These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of performance RSUs.
FAQ
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What insider transactions did iRhythm (IRTC) EVP Mervin Smith report on this Form 4?
Were Mervin Smith’s iRhythm (IRTC) stock sales discretionary open-market sales?
What role does Mervin Smith hold at iRhythm (IRTC) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.