Wilson Daniel G. 4

What Happened Daniel G. Wilson, Chief Financial Officer of iRhythm Holdings, had 9,412 performance-based restricted stock units (RSUs vest) acquired on 2026-02-24 (recorded as an award at $0.00). The next day (2026-02-25) he sold 5,188 shares in an open-market transaction at $135.42 per share, generating proceeds of approximately $702,553. The sale was used to satisfy tax withholding and remittance obligations related to the RSU vesting.

Key Details

• Transactions:
  • 2026-02-24: Award/Acquisition of 9,412 shares @ $0.00 (vesting of performance RSUs).
  • 2026-02-25: Sale of 5,188 shares @ $135.42 each; proceeds ~$702,553.
• Net effect: +4,224 shares (9,412 vested minus 5,188 sold to cover taxes).
• Footnotes:
  • F1: RSUs vested because compensation committee determined performance conditions were met (original grant dated Feb 27, 2023).
  • F2: The sold shares were to cover tax withholding/remittance on the vested RSUs.
  • F3: Some ownership is held indirectly via The Wilson Living Trust (Mr. Wilson is trustee).
• Filing timeliness: Report filed 2026-02-26 for transactions on 2026-02-24–25; appears to have been filed within the normal 2-business-day SEC window (not marked late).

Context

• This was not an independent buy decision; the acquisition was automatic vesting of performance RSUs and the sale was a routine tax-withholding sale (common with equity compensation). Such transactions reflect compensation mechanics rather than a straightforward bullish or bearish signal.
• Note: On 2026-01-12 iRhythm Technologies, Inc. completed a holding-company reorganization making iRhythm Holdings the successor issuer; prior iRhythm Tech shares/equity awards converted 1-for-1 with no change in proportional ownership.