Monitor for upcoming earnings or guidance changes; such coordinated C-suite selling often precedes negative news or decelerating fundamentals. Consider hedging or reducing exposure if momentum weakens.
Price Chart
Executive Summary
Multiple C-suite executives at iRhythm sold shares in a concentrated 7-day window, including CEO Quentin Blackford selling over $4M and CFO Daniel Wilson over $799K in open-market transactions. These sales totaled $8.7M in value, representing a material insider selling cluster, while concurrent share grants (non-cash) were routine and immaterial to sentiment.
Key Financial Metrics
Key Facts
- CEO Quentin Blackford sold 29,887 shares for $4.0M+ in two transactions on Feb 25 and Mar 2.
- CFO Daniel Wilson sold 5,943 shares for over $800K, including a $702K sale on Feb 25.
- Six other C-suite executives sold shares on Feb 25 at $135.42, totaling $4.7M in combined proceeds.
- Total open-market sales in cluster: $8.7M across 7 executives, representing ~0.21% of $4.2B market cap.
- Concurrent share grants (A-coded) totaling over 70,000 shares were non-cash and routine, not economically significant.
Financial Impact
$8.7 million in open-market insider sales over 7 days
Risk Factors
- Potential signal of deteriorating business outlook, especially with CFO and CEO participation.
- Risk of negative sentiment contagion in the stock if retail investors interpret selling as lack of confidence.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (18 trades, 7d window) | cluster-IRTC-1772580150865 |
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
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access