Wilson Daniel G. 4
Research Summary
AI-generated summary
iRhythm (IRTC) CFO Daniel G. Wilson Sells Shares
What Happened Daniel G. Wilson, Chief Financial Officer of iRhythm Holdings (IRTC), reported open-market sales on March 2, 2026, disposing of a total of 3,395 shares for aggregate proceeds of approximately $436,076. The individual transactions were:
- 755 shares @ $128.44 = $96,971
- 815 shares @ $128.44 = $104,679
- 564 shares @ $128.45 = $72,447
- 1,261 shares @ $128.45 = $161,979
These were sales (not purchases or option exercises). According to the filing footnote, the shares were sold to cover tax withholding related to the vesting of restricted stock units (RSUs), which is a common, routine reason for insider sales.
Key Details
- Transaction date: March 2, 2026; Form 4 filed March 3, 2026 (no indication of a late filing).
- Prices: $128.44 and $128.45 per share (see breakdown above).
- Total shares sold: 3,395; total proceeds: approx. $436,076.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes: F1 — sales were to cover tax withholding on vested RSUs; F2 — some holdings are reported as indirect via The Wilson Living Trust dated July 9, 2015 (Mr. Wilson is Trustee).
- Transaction code: S (Sale). F (tax withholding) applied in this context.
Context
- These sales were tax-withholding disposals tied to RSU vesting, not disclosed as discretionary market timing. Such transactions are commonly used to satisfy tax obligations when equity awards vest and do not necessarily indicate a change in an insider’s view of the company.