Blackford Quentin S. 4

What Happened
Quentin S. Blackford, President and CEO of iRhythm Holdings (IRTC), was granted 31,842 restricted stock units (RSUs) on February 25, 2026. The filing shows an acquisition price of $0.00 for the award (total $0 reported). This was an equity award (grant), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27.
• Grant type/code: A (Award/Grant). Shares/units granted: 31,842; price reported: $0.00.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: These are RSUs — each unit is a contingent right to one share; vesting is time-based (25% vests on March 1, 2027, then 25% on each one-year anniversary thereafter, subject to continued service).
• No 10b5-1, tax-withholding, cashless exercise, or late-filing flag noted in the provided data.

Context
RSUs are deferred equity awards that convert into shares only after they vest and any other conditions are met. An RSU grant is a form of compensation and does not represent an immediate cash purchase or sale; it signals company compensation decisions rather than an executive buying or selling shares. The reported $0 acquisition value reflects how the award is recorded in the form, not the ultimate taxable or market value when the units vest and convert to shares.