[Form 4] iRhythm Holdings, Inc. Insider Trading Activity
iRhythm Holdings, Inc. executive Patrick Michael Murphy, the company’s CBO and CLO, acquired 15,060 shares of common stock on a grant/award basis after performance conditions were met for previously granted performance RSUs.
Sentiment and the balance of points
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Rhea-AI Filing Summary
iRhythm Holdings, Inc. executive Patrick Michael Murphy, the company’s CBO and CLO, acquired 15,060 shares of common stock on a grant/award basis after performance conditions were met for previously granted performance RSUs. On the following day, he sold 7,805 shares in open-market transactions at an average price of $135.4189 per share to cover tax withholding and remittance obligations related to the vesting. After these transactions, he directly owned 60,536 shares of iRhythm common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,805 | $135.4189 | $1.06M |
| Grant/Award | Common Stock | 15,060 | $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.
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