iRhythm CCO awarded 10,870 RSUs
Patterson Chad reported acquisition or exercise transactions in this Form 4 filing. iRhythm Holdings, Inc. reported that Chief Commercial & Product Officer Chad Patterson received an equity award in the form of restricted stock units.
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Rhea-AI Filing Summary
Patterson Chad reported acquisition or exercise transactions in this Form 4 filing.
iRhythm Holdings, Inc. reported that Chief Commercial & Product Officer Chad Patterson received an equity award in the form of restricted stock units. He was granted 10,870 RSUs, each representing a contingent right to receive one share of iRhythm common stock at no cash cost.
According to the vesting schedule, 25% of the RSUs vest on March 1, 2027, with additional 25% portions vesting on each one-year anniversary thereafter, as long as he continues as a service provider through each vesting date. Following this grant, his reported direct ownership increased to 62,608 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,870 | $0.00 | $0.00 |
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
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What insider transaction did iRhythm (IRTC) report for Chad Patterson?
How many restricted stock units did Chad Patterson receive at iRhythm (IRTC)?
What is the vesting schedule for Chad Patterson’s RSUs at iRhythm (IRTC)?
What does each RSU granted to Chad Patterson by iRhythm (IRTC) represent?
Was Chad Patterson’s iRhythm (IRTC) equity grant a purchase or an award?
AI-generated analysis. How Rhea-AI works. Not financial advice.