Smith Mervin 4

What Happened Mervin Smith, Executive Vice President of Strategic Business Operations at iRhythm Holdings (IRTC), received a grant of 6,689 Restricted Stock Units (RSUs) on February 25, 2026. The reported acquisition price is $0, so the filing records a total reported value of $0 for the grant. This is an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-25 (reported on Form 4 filed 2026-02-27); transaction code A (award/grant).
• Grant: 6,689 RSUs; reported acquisition price $0; total reported value $0.
• Vesting: 25% of the RSUs vest on March 1, 2027 and 25% on each one-year anniversary thereafter, subject to continued service.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Filed within two business days of the transaction date (appears timely).

Context RSUs are a form of compensation that convert to common shares upon vesting; each RSU here represents a contingent right to receive one share. Grants are routine for employee compensation and do not by themselves indicate a buy or sell decision by the insider.