iRhythm (IRTC) CFO receives 8,361 new RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wilson Daniel G. reported acquisition or exercise transactions in this Form 4 filing.
iRhythm Holdings, Inc. Chief Financial Officer Daniel G. Wilson reported an equity award of 8,361 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of common stock. Following this grant, his directly held common stock position is 39,055 shares.
According to the terms, 25% of the RSUs vest on March 1, 2027, with an additional 25% vesting on each one-year anniversary thereafter, so long as he continues as a service provider through each vesting date. The filing also notes an additional 100 shares of common stock held indirectly through The Wilson Living Trust dated July 9, 2015, for which Mr. Wilson serves as Trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wilson Daniel G.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,361 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 39,055 shares (Direct);
Common Stock — 100 shares (Indirect, Held through a Family Trust)
Footnotes (1)
- These securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 25% of the RSUs vest on March 1, 2027 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date. These shares represent an indirect ownership through The Wilson Living Trust dated July 9, 2015, of which Mr. Wilson is the Trustee.
FAQ
What insider transaction did iRhythm (IRTC) report for CFO Daniel G. Wilson?
iRhythm reported that CFO Daniel G. Wilson received an award of 8,361 Restricted Stock Units. Each RSU represents a contingent right to one share of common stock, subject to time-based vesting and continued service conditions over several years.
How do the new RSUs granted to iRhythm (IRTC) CFO vest over time?
The 8,361 RSUs granted to iRhythm’s CFO vest over four years. 25% vest on March 1, 2027, and an additional 25% vest on each one-year anniversary, contingent on his continued service through each vesting date.