iRhythm CBO/CLO reports RSU vesting and tax share sale
iRhythm Holdings, Inc. executive Patrick Michael Murphy, the company’s CBO and CLO, reported two equity transactions in common stock.
Rhea-AI Filing Summary
iRhythm Holdings, Inc. executive Patrick Michael Murphy, the company’s CBO and CLO, reported two equity transactions in common stock. On August 7, 2023 performance RSUs granted to him resulted in an acquisition of 13,589 shares upon determination that performance conditions were met. On August 10, 2026 he sold 7,093 shares of common stock at an average price of $124.6519 per share to cover tax withholding and remittance obligations related to the vesting of those performance RSUs. The Rule 10b5-1 trading plan box was not checked, indicating these transactions were not reported as occurring under a pre-arranged trading plan.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 7,093 | $124.6519 | $884K |
| Grant/Award | Common Stock F1 | 13,589 | $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 7, 2023.
- F2. These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of performance RSUs.
Key Figures
Key Terms
performance Restricted Stock Units financial
tax withholding and remittance obligations financial
Compensation & Human Capital Management Committee financial
FAQ
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What insider transactions did iRhythm Holdings (IRTC) report for Patrick Michael Murphy?
Were Patrick Michael Murphy’s IRTC transactions under a Rule 10b5-1 plan?
What types of securities were involved in Patrick Michael Murphy’s IRTC Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.