MCGINNIS KAREN K 4
Research Summary
AI-generated summary
iRhythm (IRTC) Director Karen McGinnis Receives RSU Award
What Happened
- Karen K. McGinnis, a director of iRhythm Holdings, Inc. (IRTC), was granted 1,573 restricted stock units (RSUs) on 2026-05-27. The filing reports an acquisition price of $0.00 per RSU (total reported acquisition value $0). These RSUs represent a contingent right to receive one share of IRTC common stock upon vesting. This is an award/grant (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (Accession 0001188264-26-000003) — appears timely.
- Security type and amount: 1,573 RSUs granted; reported price $0.00; total acquisition $0.
- Vesting: RSUs vest on the earlier of (i) one year after grant or (ii) the date of the company’s next annual meeting (footnote F1).
- Shares owned after transaction: not specified in the filing.
- Remarks: filing notes a Jan 12, 2026 holding-company reorganization where iRhythm Holdings became the successor issuer and prior awards converted one-for-one; Exhibit 24 (Power of Attorney) is included.
Context
- RSU grants are typical compensation for directors and do not represent an immediate purchase or sale of shares; value is realized only if and when RSUs vest and are settled. Awards signal compensation alignment but are not a direct bullish/bearish trading signal.