TALWALKAR ABHIJIT Y 4
4 · iRhythm Holdings, Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
iRhythm (IRTC) Director Abhijit Talwalkar Exercises Options and Sells Shares
What Happened
- Director Abhijit Y. Talwalkar exercised 5,312 stock options at $10.71 per share (exercise cost $56,892) and sold those 5,312 shares in open-market transactions on May 11, 2026 for total proceeds of approximately $626,430. The sales were executed across multiple trades and price points that day. These transactions were effected pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: May 11, 2026; Form 4 filed May 12, 2026 (timely filing).
- Exercise (derivative): 5,312 shares exercised at $10.71 (total $56,892).
- Open-market sales: 5,312 shares sold in blocks at prices reported from about $115.61 up to $120.53; aggregated sale proceeds ≈ $626,430.
- Shares owned after transaction: not stated in the provided filing excerpt.
- Footnotes: trades were executed under a 10b5-1 plan established May 12, 2025 (F1). Sale price ranges and weighted-average figures are provided in footnotes; the option exercised was part of a grant originally for 21,248 shares (granted May 23, 2016) that vests monthly and expires May 23, 2026 (F6).
Context
- This was an exercise of options immediately followed by sale of the exercised shares (i.e., the shares from the exercised options were sold the same day). That pattern is common for option holders monetizing vested awards and does not, by itself, indicate insider views about the company's prospects.
- The transactions were preplanned under a 10b5-1 plan, which means they were executed according to a previously established trading schedule.
Insider Transaction Report
Form 4
TALWALKAR ABHIJIT Y
Director
Transactions
- Purchase
Common Stock
[F1]2026-05-11$10.71/sh+5,312$56,892→ 25,611 total - Sale
Common Stock
[F1][F2]2026-05-11$116.05/sh−940$109,091→ 24,671 total - Sale
Common Stock
[F1][F3]2026-05-11$116.98/sh−642$75,102→ 24,029 total - Sale
Common Stock
[F1][F4]2026-05-11$118.02/sh−2,293$270,611→ 21,736 total - Sale
Common Stock
[F1][F5]2026-05-11$119.16/sh−1,147$136,672→ 20,589 total - Sale
Common Stock
[F1]2026-05-11$120.53/sh−290$34,954→ 20,299 total - Exercise/Conversion
Employee Stock Option (right to buy)
[F6]2026-05-11$10.71/sh−5,312$56,892→ 0 totalExercise: $10.71From: 2016-06-23Exp: 2026-05-23→ Common Stock (5,312 underlying)
Footnotes (6)
- [F1]All transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by Mr. Talwalkar on May 12, 2025.
- [F2]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on May 11, 2026. The actual sale prices ranged from a low of $115.61 to a high of $116.61, inclusive. Mr. Talwalkar undertakes to provide upon request of the SEC staff, iRhythm Holdings, Inc. or any security holder of iRhythm Holdings, Inc., full information regarding the numbers of shares sold at each price within the range. The weighted-average sale price reflected has been rounded to 4 decimal points.
- [F3]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on May 11, 2026. The actual sale prices ranged from a low of $116.62 to a high of $117.31, inclusive. Mr. Talwalkar undertakes to provide upon request of the SEC staff, iRhythm Holdings, Inc. or any security holder of iRhythm Holdings, Inc., full information regarding the numbers of shares sold at each price within the range. The weighted-average sale price reflected has been rounded to 4 decimal points.
- [F4]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on May 11, 2026. The actual sale prices ranged from a low of $117.68 to a high of $118.45, inclusive. Mr. Talwalkar undertakes to provide upon request of the SEC staff, iRhythm Holdings, Inc. or any security holder of iRhythm Holdings, Inc., full information regarding the numbers of shares sold at each price within the range. The weighted-average sale price reflected has been rounded to 4 decimal points.
- [F5]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on May 11, 2026. The actual sale prices ranged from a low of $118.70 to a high of $119.63, inclusive. Mr. Talwalkar undertakes to provide upon request of the SEC staff, iRhythm Holdings, Inc. or any security holder of iRhythm Holdings, Inc., full information regarding the numbers of shares sold at each price within the range. The weighted-average sale price reflected has been rounded to 4 decimal points.
- [F6]The option, originally granted on May 23, 2016 for 21,248 shares, vested in thirty-six equal monthly installments. This option has an expiration date of May 23, 2026. The Rule 10b5-1 trading plan of Mr. Talwalkar solely covers shares subject to options expiring in 2026 and 2027.
Signature
/s/ Marc Rosenbaum, attorney-in-fact|2026-05-12