Patterson Chad 4

What Happened
Chad Patterson, Chief Communications & Product Officer at iRhythm Holdings (IRTC), acquired 177 shares of iRhythm common stock on 2026-05-29. The shares were purchased at $96.81 per share for a total of $17,136 under the company's Employee Stock Purchase Plan (reported as an acquisition/award).

Key Details

• Transaction date and price: 2026-05-29 — 177 shares at $96.81 each (total $17,136).
• Transaction type: Grant/award or other acquisition (Form 4 code "A"); reported as an ESPP purchase.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Patterson voluntarily reported the acquisition under the Issuer’s 2016 Employee Stock Purchase Plan for the Dec 1, 2025–May 31, 2026 purchase period; transaction exempt from Section 16(b) under Rule 16b-3.
• Filing/timeliness: Form filed 2026-06-01 for a 2026-05-29 transaction — filed within the required business-day window (timely).

Context
This was an ESPP purchase (routine employee stock plan acquisition), not an option exercise or a sale. ESPP purchases are standard compensation/benefit transactions and are exempt from short-swing profit rules; while purchases can be viewed positively by investors, they do not by themselves indicate insider intent to buy or sell beyond plan participation.