Director at iRhythm (IRTC) receives 1,573 RSU equity award, now holds 11,141 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
iRhythm Holdings, Inc. director Karen Ling received an equity award in the form of restricted stock units. She acquired 1,573 shares of common stock at a grant price of $0.00 per share, increasing her direct holdings to 11,141 shares after the transaction.
The award consists of RSUs, each representing a contingent right to receive one share of iRhythm common stock. The RSUs vest on the earlier of one year after the grant date or the date of the company’s next annual meeting, tying the award to continued service on the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ling Karen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,573 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,141 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,573 shares
Grant price: $0.00 per share
Shares owned after grant: 11,141 shares
3 metrics
RSUs granted
1,573 shares
Common Stock RSU award to director Karen Ling
Grant price
$0.00 per share
Equity award compensation, not open-market purchase
Shares owned after grant
11,141 shares
Total direct iRhythm common stock holdings after transaction
Key Terms
restricted stock units ("RSUs"), contingent right, annual meeting
3 terms
restricted stock units ("RSUs") financial
"These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of IRTC Common Stock."
annual meeting financial
"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 Karen Ling?
iRhythm reported that director Karen Ling received an equity award of 1,573 restricted stock units of common stock. These RSUs were granted at $0.00 per share and represent a compensation-related acquisition rather than an open-market purchase or sale.
What are the vesting terms of Karen Ling’s RSU award at iRhythm (IRTC)?
The 1,573 RSUs granted to Karen Ling vest on the earlier of one year after the grant date or the date of iRhythm’s next annual meeting. Each vested RSU entitles her to receive one share of iRhythm common stock.
Is Karen Ling’s iRhythm (IRTC) Form 4 transaction an open-market buy or sell?
The filing shows a grant or award acquisition, not an open-market trade. Karen Ling received 1,573 RSUs as compensation, coded as an “A” transaction, meaning it is an equity award rather than a discretionary purchase or sale.
What type of security was granted to Karen Ling in the iRhythm (IRTC) filing?
Karen Ling received restricted stock units (RSUs), each representing a contingent right to receive one share of iRhythm common stock. The RSUs vest based on time and the company’s next annual meeting, aligning the award with her ongoing board service.