Murphy Patrick Michael 4
Research Summary
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iRhythm (IRTC) CBO/CLO Patrick Murphy Receives RSU Award
What Happened Patrick Michael Murphy, Chief Business Officer and Chief Legal Officer of iRhythm Holdings (IRTC), was granted 7,024 Restricted Stock Units (RSUs) on February 25, 2026. The grant is recorded at $0.00 per share (an award/compensation grant), so no cash purchase occurred. The filing does not state a market value or the number of shares Murphy owned after this grant.
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026.
- Transaction type/code: Award/Grant (A). Shares involved: 7,024 RSUs; reported price: $0.00.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: These are RSUs. 25% of the RSUs vest on March 1, 2027, with the remaining vesting in equal installments on each one-year anniversary thereafter, conditional on continued service. (See footnote F1.)
- No tax-withholding, sale, exercise, or 10b5-1 plan is indicated in this filing.
Context RSUs are compensation grants that convert into shares only if and when they vest; they are not an open-market purchase or sale and therefore don’t by themselves signal a buy or sell decision. This grant follows a common multi-year vesting schedule (25% after ~1 year, then annually) intended to retain executives.