iRhythm (IRTC) CMO receives 15,060 RSU shares, sells 7,804 to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
iRhythm Holdings executive Minang Turakhia, Chief Medical/Scientific Officer and EVP Advanced Technology, reported a mix of equity award and related share sale. On February 24, 2026, he acquired 15,060 shares of common stock at $0.00 per share through the vesting of performance RSUs granted on February 27, 2023, after the compensation committee determined the performance conditions were met. On February 25, 2026, he sold 7,804 shares at an average price of $135.4189 per share to cover tax withholding and remittance obligations tied to this vesting. Following these transactions, he directly held 48,899 shares of iRhythm common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,804 shares ($1,056,809)
Net Sell
2 txns
Insider
Turakhia Minang
Role
CHIEF MED/SCI OFCR EVP ADVTECH
Sold
7,804 shs ($1.06M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,804 | $135.4189 | $1.06M |
| Grant/Award | Common Stock | 15,060 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 48,899 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 Minang Turakhia report for iRhythm Holdings (IRTC)?
Minang Turakhia reported a performance-based equity award and a related share sale. He acquired 15,060 iRhythm shares via vested performance RSUs, then sold 7,804 shares to satisfy tax withholding, leaving him with 48,899 directly held common shares.
What type of equity award did Minang Turakhia receive from iRhythm (IRTC)?
He received shares upon vesting of performance Restricted Stock Units (RSUs). The compensation committee determined that performance conditions for RSUs granted on February 27, 2023, were met, resulting in the issuance of 15,060 common shares at no purchase price.