Monitor for upcoming earnings or guidance changes; large CEO selling after a grant could signal valuation concerns or personal liquidity needs, but the scale relative to market cap (~0.08% of $4.4B) suggests caution rather than panic. Watch for follow-on selling or lack of buybacks.
Price Chart
Executive Summary
iRhythm CEO Quentin Blackford sold $3.46M in shares just after being granted 46,687 non-cash shares, while two other executives sold a combined $142.6K. The cluster is dominated by open-market sales from senior executives, with the CEO's sale representing the vast majority of the value.
Key Financial Metrics
Key Facts
- CEO Quentin Blackford sold 25,540 shares for $3.46M in open-market transactions
- CEO was simultaneously granted 46,687 non-cash shares (no economic value at grant)
- Two other executives (EVP and Chief Accounting Officer) sold a combined $142.6K in shares
- Former executive Abhijit Talwalkar exercised a derivative for $56,9K, likely part of ongoing vesting
- Total open-market sales in cluster: $3.64M
Financial Impact
$3.64M in net insider selling over 7 days, with $3.46M from the CEO alone
Risk Factors
- Perception of insider pessimism, especially given CEO's large sale
- Potential for negative market reaction despite non-dilutive nature of grants
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (5 trades, 7d window) | cluster-IRTC-1772144114338 |
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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