Director at iRhythm Holdings (IRTC) receives 1,573 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TALWALKAR ABHIJIT Y reported acquisition or exercise transactions in this Form 4 filing.
iRhythm Holdings, Inc. director Abhijit Y. Talwalkar received a grant of 1,573 shares in the form of restricted stock units. Each RSU represents a contingent right to receive one share of iRhythm common stock. The RSUs vest on the earlier of one year after grant or the company’s next annual meeting, bringing his direct holdings to 21,872 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TALWALKAR ABHIJIT Y
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,573 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,872 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,573 shares
Award price per share: $0.00 per share
Shares owned after grant: 21,872 shares
3 metrics
RSU grant size
1,573 shares
Restricted stock units awarded to director
Award price per share
$0.00 per share
Reported transaction price for RSU grant
Shares owned after grant
21,872 shares
Director’s direct holdings following transaction
Key Terms
restricted stock units, RSUs, contingent right, annual meeting
4 terms
restricted stock units financial
"These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each RSU represents a contingent right to receive one share of IRTC Common Stock."
annual meeting regulatory
"The vesting occurs on the earlier of (i) one year after grant or the (ii) the date of the company's next annual meeting."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What insider transaction did iRhythm Holdings (IRTC) report for Abhijit Y. Talwalkar?
iRhythm reported that director Abhijit Y. Talwalkar received a grant of 1,573 restricted stock units. Each RSU represents a contingent right to one share of common stock, increasing his direct holdings to 21,872 shares after the award.
What are the vesting terms of the new iRhythm (IRTC) RSU grant?
The restricted stock units vest on the earlier of one year after the grant date or the date of iRhythm’s next annual meeting. Until vesting, each RSU is a contingent right to receive one share of iRhythm common stock for the director.
Is the iRhythm (IRTC) insider RSU grant an open-market purchase or sale?
The transaction is a compensation-related grant, not an open-market trade. The director received 1,573 restricted stock units with a reported price of $0.00 per share, reflecting an award rather than a market purchase or sale of existing shares.