4/A: Iradimed CFO Corrects Stock Disposal Error in Amended SEC Filing
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).
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
| Date | Description |
|---|---|
| 06/20/2022 | Reporting Person received RSUs under Iradimed Corporation's 2014 Equity Incentive Plan |
| 06/20/2023 | RSUs vest in four equal annual installments beginning on this date |
| 06/20/2024 | Date of RSU disposal |
| 04/04/2025 | Date of original Form 4 filing with incorrect information |
| 04/07/2025 | Date 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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