IRMD.NASDAQIradimed CORP

4/A: Iradimed CFO Corrects Stock Disposal Error in Amended SEC Filing

Sentiment:

SEC Filing


John Glenn, CFO of Iradimed, files an amended Form 4 to correct a previous error regarding the disposal of 5,796 Restricted Stock Units (RSUs).

Worse than expectedAn error was made in the original filing, requiring an amendment.

Summary

  • John Glenn, the CFO of Iradimed Corporation, filed an amended Form 4 with the SEC.
  • The amendment corrects an error in the original Form 4 filed on April 4, 2025.
  • The original filing incorrectly stated that Mr. Glenn acquired 5,796 Restricted Stock Units (RSUs).
  • The corrected filing clarifies that Mr. Glenn disposed of 5,796 RSUs.
  • The disposal occurred on June 20, 2024.
  • Mr. Glenn still beneficially owns 11,592 shares of Iradimed common stock directly.
  • The RSUs were granted under Iradimed Corporation's 2014 Equity Incentive Plan and vest in four equal annual installments beginning on June 20, 2023.

Sentiment

Score: 6

Explanation: The document is a routine correction of a filing error. While the error itself is a negative, the correction is a positive. Overall, the impact is neutral.

Negatives

  • The original Form 4 contained an error, requiring an amendment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The correction ensures accurate information is available to shareholders regarding executive stock ownership.

Key Dates

DateDescription
06/20/2022Reporting Person received RSUs under Iradimed Corporation's 2014 Equity Incentive Plan
06/20/2023RSUs vest in four equal annual installments beginning on this date
06/20/2024Date of RSU disposal
04/04/2025Date of original Form 4 filing with incorrect information
04/07/2025Date of amended Form 4/A filing

Keywords

Form 4, IRMD, Iradimed, CFO, John Glenn, Restricted Stock Units, RSUs, SEC Filing, Disposal, Amendment

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