Form 4: iRhythm Director Kevin O'Boyle Receives RSU Grant
Statement of Changes in Beneficial Ownership
Director Kevin O'Boyle was granted 1,573 restricted stock units as part of iRhythm Holdings' equity compensation program.
Summary
- Director Kevin C. O'Boyle acquired 1,573 restricted stock units (RSUs) on May 27, 2026.
- Each RSU represents a contingent right to receive one share of iRhythm Holdings, Inc. (IRTC) common stock.
- The RSUs vest on the earlier of one year from the grant date or the date of the company's next annual meeting.
- Following this transaction, the director's total beneficial ownership is 3,608 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Standard market risks associated with equity ownership in a publicly traded company.
Future Outlook
The RSUs are subject to standard vesting conditions tied to the passage of time or the next annual shareholder meeting.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder value in the medical technology sector.
Comparison to Industry Standards
- The grant of RSUs to directors is consistent with standard compensation practices for mid-cap healthcare and technology companies.
- The vesting schedule aligns with typical annual equity refresh cycles observed in the industry.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Director granted Power of Attorney to company officers for SEC filing purposes. | 05/26/2026 | Standard administrative procedure to facilitate timely regulatory compliance. |
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director compensation.
Next Steps
- Vesting of the 1,573 RSUs on the earlier of May 27, 2027, or the date of the next annual meeting.
Key Dates
| Date | Description |
|---|---|
| 05/26/2026 | Execution date of the Power of Attorney by Kevin O'Boyle. |
| 05/27/2026 | Date of the RSU grant transaction. |
| 05/29/2026 | Filing date of the Form 4 with the SEC. |
Keywords
iRhythm, IRTC, Director, Equity, RSU, Insider Transaction, SEC Form 4
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