Blackford Quentin S. 4
4 · iRhythm Holdings, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
iRhythm (IRTC) CEO Quentin Blackford Sells $3.46M in Shares
What Happened
- Quentin S. Blackford, President & CEO and Director of iRhythm Holdings (IRTC), had 46,687 performance restricted stock units (RSUs) vest on Feb 24, 2026 (acquired at $0.00) and sold 25,540 of those shares in an open-market/private sale on Feb 25, 2026 for $135.42 each, generating proceeds of $3,458,599. The remaining vested shares were retained (filing does not state total shares held after the sale).
Key Details
- Transaction types: A (award/acquisition) and S (sale)
- Acquisition: 46,687 shares on 2026-02-24 at $0.00 (performance RSUs vested)
- Sale: 25,540 shares on 2026-02-25 at $135.42; proceeds ≈ $3,458,599
- Footnote F1: Vesting resulted from the Compensation & Human Capital Management Committee determining performance conditions were met for RSUs granted 2/27/2023.
- Footnote F2: The sale was to cover tax withholding and remittance obligations related to the RSU vesting.
- Filing: Report filed 2026-02-26 (period of report 2026-02-24). Filing appears timely (within the Form 4 reporting window).
- Shares owned after transaction: Not specified in the provided filing.
Context
- The acquisition here reflects performance RSUs vesting (not a cash purchase); the subsequent sale was used to satisfy tax withholding obligations rather than an independent investment decision. Note also the company completed a holding company reorganization on Jan 12, 2026 converting prior iRhythm Technologies securities to iRhythm Holdings one-for-one with no change in holders' proportional ownership.
Insider Transaction Report
Form 4
Blackford Quentin S.
DirectorPresident and CEO
Transactions
- Award
Common Stock
[F1]2026-02-24+46,687→ 211,666 total - Sale
Common Stock
[F2]2026-02-25$135.42/sh−25,540$3,458,599→ 186,126 total
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 February 27, 2023.
- [F2]These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of performance RSUs.
Signature
/s/ Marc Rosenbaum, attorney-in-fact|2026-02-26