iRhythm (IRTC) CRO Sumi Shrishrimal nets shares after RSU vesting and tax sale
Rhea-AI Filing Summary
iRhythm Holdings, Inc. executive Sumi Shrishrimal, EVP and Chief Risk Officer, reported two common stock transactions. On August 7, 2026, she acquired 9,706 shares at no cost upon the Compensation & Human Capital Management Committee’s determination that performance conditions for previously granted performance RSUs were met. On August 10, 2026, 5,372 shares were sold at $124.6539 per share to cover tax withholding and remittance obligations related to that vesting.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 4,334 shares
Net Buy
2 txns
Insider
Shrishrimal Sumi
Role
EVP, Chief Risk Officer
Sold
5,372 shs ($670K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 5,372 | $124.6539 | $670K |
| Grant/Award | Common Stock F1 | 9,706 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 44,621 shares (Direct)
Footnotes (2)
- F1. Represents the acquisition of shares upon the determination of the Compensation & Human Capital Management Committee of the Board of Directors of the Issuer that the performance conditions were met with respect to performance Restricted Stock Units ("RSUs") granted to the Reporting Person on August 7, 2023.
- F2. These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of performance RSUs.
Key Figures
Shares acquired from RSU vesting: 9,706 shares
Shares sold for tax obligations: 5,372 shares
Sale price per share: $124.6539 per share
3 metrics
Shares acquired from RSU vesting
9,706 shares
Performance RSUs vested on August 7, 2026
Shares sold for tax obligations
5,372 shares
Sale on August 10, 2026 to cover tax withholding and remittance
Sale price per share
$124.6539 per share
Price for 5,372 common shares sold on August 10, 2026
Key Terms
performance Restricted Stock Units, tax withholding and remittance obligations, Compensation & Human Capital Management Committee
3 terms
performance Restricted Stock Units financial
"performance Restricted Stock Units ("RSUs") granted to the Reporting Person"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
tax withholding and remittance obligations financial
"shares were sold to cover tax withholding and remittance obligations"
Compensation & Human Capital Management Committee financial
"determination of the Compensation & Human Capital Management Committee"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did iRhythm (IRTC) EVP Sumi Shrishrimal report?
Sumi Shrishrimal reported two common stock transactions: a 9,706-share acquisition from vested performance RSUs on August 7, 2026, and a 5,372-share sale on August 10, 2026 to satisfy related tax withholding obligations.
What was the purpose of Sumi Shrishrimal’s iRhythm (IRTC) stock sale?
The 5,372-share sale was made to cover tax withholding and remittance obligations arising from the vesting of performance RSUs. The Form 4 specifies that the sale was tied to these tax-related obligations rather than a discretionary portfolio trade.