The coordinated C-suite selling at a uniform price point (~$124.65) three days after equity grants suggests a pre-planned 10b5-1 plan or tax-related disposition rather than a reaction to material non-public negative news. However, the breadth of participation (CEO plus four other top executives) warrants monitoring for any upcoming earnings miss or operational setback. Given the poor historical track record of IRTC insider signals (22% win rate at T+20), this cluster alone is not a strong short signal, but traders should watch for any negative pre-announcement or guidance revision in the next 30 days.
Price Chart
Executive Summary
A cluster of insider selling at iRhythm Technologies, with the CEO, CBO/CLO, Chief Comm & Product Officer, Chief Risk Officer, and Chief Medical Officer collectively selling ~$6.7M in open-market shares on August 10, 2026, following equity grants on August 7. The selling is concentrated at a single price point (~$124.65) and involves the entire C-suite, which is notable but partially explained by the vesting of the August 7 grants. The total open-market sales represent ~0.17% of the $4.0B market cap, falling in the modest range, and the historical calibration for this ticker shows poor predictive power for prior reports, suggesting caution in over-interpreting this cluster as a strong bearish signal.
Key Financial Metrics
Key Facts
- CEO Quentin Blackford sold 26,859 shares for $3.35M on August 10, 2026.
- Four other C-suite executives sold a combined ~27,650 shares for ~$3.32M on the same day.
- Total open-market sales of ~$6.67M represent ~0.17% of the $4.0B market cap.
- All five executives received equity grants on August 7, 2026, with the sales occurring three days later.
- Two additional EVPs sold smaller amounts on August 3, 2026, for ~$333K total.
- The cluster follows a pattern of routine insider selling at iRhythm, with $6.7M in sales over the prior 30 days.
Financial Impact
Total insider open-market sales of ~$6.67M, or ~0.17% of market cap, concentrated in a single day by the entire C-suite.
Risk Factors
- Insider selling may be purely liquidity-driven following equity grants, not indicative of fundamental weakness.
- The historical calibration shows prior IRTC insider reports have been poor predictors of stock movement (22% win rate at T+20).
- The company has a 95% bullish analyst consensus, which may conflict with the bearish insider signal.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-IRTC-1786525673164 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 11, 2026 7w ago | Insider Cluster | $125.35 $112.88 | ▲ +9.95% | ▲ +8.05% | $110.37 (+11.95%) |
Aug 11, 2026 7w ago | Insider Cluster | $125.35 $112.88 | ▼ −9.95% | ▼ −8.05% | $110.37 (−11.95%) |
Aug 4, 2026 8w ago | Insider Cluster | $127.13 $122.35 | ▼ −3.76% | ▼ −2.52% | $110.37 (−13.18%) |
Jul 6, 2026 12w ago | Insider Cluster | $126.03 $117.17 | ▼ −7.03% | ▼ −6.46% | $110.37 (−12.43%) |
Jun 15, 2026 15w ago | 8-K | $108.84 $112.55 | ▼ −3.41% | ▼ −3.21% | $110.37 (−1.41%) |
Jun 5, 2026 17w ago | 8-K | $108.11 $126.03 | ▲ +16.58% | ▲ +14.72% | $110.37 (+2.10%) |
May 28, 2026 18w ago | 8-K | $115.61 $118.89 | ▲ +2.84% | ▲ +5.98% | $110.37 (−4.53%) |
May 11, 2026 20w ago | 144 | $118.31 $113.94 | ▼ −3.69% | ▼ −1.97% | $110.37 (−6.71%) |
May 4, 2026 21w ago | Insider Cluster | $119.18 $109.17 | ▼ −8.40% | ▼ −14.04% | $110.37 (−7.39%) |
Apr 30, 2026 22w ago | Press Release | $120.80 $109.17 | ▼ −9.63% | ▼ −14.91% | $110.37 (−8.63%) |
US Market Status
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