iRhythm (IRTC) EVP awarded 6,689 RSUs in new equity grant
Rhea-AI Filing Summary
Smith Mervin reported acquisition or exercise transactions in this Form 4 filing.
iRhythm Holdings EVP Strategic Business Ops Mervin Smith received an equity award of 6,689 restricted stock units of common stock. These RSUs were granted on February 25, 2026 at no cash cost. 25% of the units vest on March 1, 2027 and on each one-year anniversary after that, so long as he continues as a service provider. Following this award, he directly holds 26,964 shares of common stock.
Positive
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Insider Trade Summary
Net Buyer: 6,689 shares
Net Buy
1 txn
Insider
Smith Mervin
Role
EVP Strategic Business Ops
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,689 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 26,964 shares (Direct)
Footnotes (1)
- F1. 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.
FAQ
What insider transaction did iRhythm Holdings (IRTC) report for Mervin Smith?
iRhythm reported that EVP Strategic Business Ops Mervin Smith received 6,689 restricted stock units of common stock. The grant was recorded on February 25, 2026 and increased his direct holdings to 26,964 shares after the award.
What type of securities did Mervin Smith receive from iRhythm (IRTC)?
Mervin Smith received Restricted Stock Units (RSUs), each representing a contingent right to one share of iRhythm common stock. These awards are equity-based compensation and do not require him to pay a purchase price per share when they vest.
When do Mervin Smith’s 6,689 RSUs from iRhythm (IRTC) vest?
The RSUs vest over four years. 25% of the 6,689 RSUs vest on March 1, 2027, with an additional 25% vesting on each one-year anniversary thereafter, assuming he continues as a service provider through each vesting date.
Are there conditions attached to Mervin Smith’s iRhythm (IRTC) RSU award?
Yes. The RSUs vest only if Mervin Smith continues as a service provider through each vesting date. 25% vest on March 1, 2027, and additional portions vest on each subsequent one-year anniversary under the same service condition.
AI-generated analysis. How Rhea-AI works. Not financial advice.