Patterson Chad 4
4 · iRhythm Holdings, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
iRhythm (IRTC) Chad Patterson, CCO & Product Officer Receives RSUs
What Happened
Chad Patterson, iRhythm’s Chief Commercial & Product Officer, received a grant of 10,870 restricted stock units (RSUs) on February 25, 2026. The RSUs were granted at $0.00 per unit (no cash paid) and therefore have no immediate purchase price or cash value on grant. This filing reports an award/acquisition (transaction code A).
Key Details
- Transaction date: 2026-02-25; Filing date: 2026-02-27 (filed within the required Form 4 timeframe).
- Grant: 10,870 RSUs; grant price reported as $0.00; total immediate cash value reported $0.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: Each RSU represents a contingent right to one share. 25% vest on March 1, 2027 and the remainder vest in equal installments on each one-year anniversary thereafter, subject to continued service.
- Transaction code: A = Award/Grant.
Context
RSUs are compensation awards that convert to actual shares only if vesting conditions are met; they do not necessarily indicate immediate economic interest or intent to trade. No options were exercised and no shares were sold; this is a standard equity compensation grant rather than a market purchase or sale.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-25+10,870→ 62,608 total
Footnotes (1)
- [F1]These securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 25% of the RSUs vest on March 1, 2027 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.