iRhythm EVP sells shares to cover RSU taxes
iRhythm Holdings EVP and Chief Risk Officer Sumi Shrishrimal reported routine equity transactions.
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Rhea-AI Filing Summary
iRhythm Holdings EVP and Chief Risk Officer Sumi Shrishrimal reported routine equity transactions. She acquired 133 shares of common stock at an average price of $96.815 per share through the company’s 2016 Employee Stock Purchase Plan for the period from December 1, 2025 through May 31, 2026, a transaction exempt from Section 16(b) under Rule 16b-3.
On June 2, 2026, she sold 1,716 shares of common stock at an average price of $108.1891 per share to cover tax withholding and remittance obligations related to vesting Restricted Stock Units. After these transactions, she directly owns 40,287 shares of iRhythm common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,716 | $108.1891 | $186K |
| Grant/Award | Common Stock | 133 | $96.815 | $13K |
Footnotes (2)
- F1. Ms. Shrishrimal is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2016 Employee Stock Purchase Plan for the purchase period December 1, 2025 through May 31, 2026. This transaction is exempt from Section 16(b) under Rule 16b-3.
- F2. These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of Restricted Stock Units (RSUs).
Key Figures
Key Terms
2016 Employee Stock Purchase Plan financial
Section 16(b) regulatory
Rule 16b-3 regulatory
Restricted Stock Units (RSUs) financial
FAQ
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What insider transactions did iRhythm (IRTC) EVP Sumi Shrishrimal report?
Were the iRhythm (IRTC) insider transactions exempt under Section 16 rules?
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