4/A: iRhythm Technologies Executive Corrects Stock Ownership Report
SEC Filing (Form 4/A Amendment)
Patrick Michael Murphy, CBO and CLO of iRhythm Technologies, files an amended Form 4 to correct a previously reported error regarding the vesting of performance-based restricted stock units.
Summary
- Patrick Michael Murphy, the CBO and CLO of iRhythm Technologies, filed an amended Form 4 with the SEC.
- The amendment corrects an error in a previous filing from February 29, 2024, which incorrectly reported the vesting of performance-based restricted stock units on February 27, 2024.
- The amended filing restates the total number of shares of iRhythm Technologies' common stock owned by Mr. Murphy as of February 27, 2024, which is 30,751 shares.
- The filing confirms that the vesting of the restricted stock units did not occur as initially reported.
Sentiment
Score: 7
Explanation: The document is a routine correction of a regulatory filing. While it indicates a previous error, the correction itself is a positive step towards transparency and compliance.
Negatives
- A previous SEC filing contained an error regarding the vesting of performance-based restricted stock units.
Industry Context
This filing is a routine correction of a previously submitted form related to executive stock ownership, which is a common occurrence in publicly traded companies. It ensures transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the filing ensures accurate information for shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of earliest transaction and restatement of stock ownership. |
| 02/29/2024 | Date of original Form 4 filing containing the error. |
| 04/15/2024 | Date of amended Form 4/A filing. |
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