The dollar value is too small to move the stock or signal a bearish thesis. Monitor for any material corporate events (SEC filing, product news, earnings pre-announcement) that could explain the timing. Historical performance on IRTC reports has been poor (22% win rate at T+20), suggesting caution in relying on this cluster alone.
Price Chart
Executive Summary
Two C-suite executives at iRhythm sold a combined ~$292K in open-market transactions on the same day at $124.71/share. The sales are small relative to the $4.2B market cap (0.007%) and cluster sales are generally weak predictive signals per the academic literature. The sell-cluster is unlikely to convey material negative information.
Key Financial Metrics
Key Facts
- Turakhia Minang (Chief Med/Sci Officer, EVP AdvTech) sold 1,423 shares at $124.71 for ~$177K
- Freeman Sean Clinton (EVP, Strategy & Corp Devt) sold 918 shares at $124.71 for ~$115K
- Both transactions occurred on 2026-07-02, total value ~$292K
- Total sales represent ~0.007% of IRTC's $4.2B market cap
- Both sales were open-market, not plan-based (no 10b5-1 indicator in provided data)
Financial Impact
~$292K in insider sales, trivial relative to $4.2B market cap
Risk Factors
- If underlying fundamentals deteriorate further, these sales may appear better-timed in retrospect
- Cluster is pure sells with no buys to offset — but magnitude is negligible
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-1783408394857 |
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