Form 4: iRhythm CCO Sells Shares for Tax Obligations

iRhythm Technologies' Chief Commercial Officer, Chad Patterson, sold 2,707 shares of common stock to cover tax obligations related to RSU vesting.

Summary

• Chad Patterson, Chief Commercial Officer of iRhythm Technologies, Inc. (IRTC), sold 2,707 shares of common stock.
• The transaction occurred on August 4, 2025, at a price of $164.3597 per share.
• The sale was executed to cover tax withholding and remittance obligations associated with the vesting of Restricted Stock Units (RSUs).
• Following this transaction, Chad Patterson directly beneficially owns 46,222 shares of iRhythm Technologies common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax obligations related to RSU vesting, which is a neutral event for the company's operational outlook.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

NA

Comparison to Industry Standards

• NA

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• NA

Next Steps

• NA

Key Dates

Recommendation

The reported transaction is a non-discretionary sale of shares by a company officer to cover tax obligations related to RSU vesting. This is a common occurrence and does not typically signal a change in the company's fundamentals or the officer's confidence in the company's future. Therefore, it does not provide a basis for altering an existing investment thesis.

Keywords

iRhythm Technologies, IRTC, Chad Patterson, Chief Commercial Officer, CCO, Stock Sale, Insider Transaction, Form 4, RSU Vesting, Tax Withholding