Roger E. Susi - Nov 6, 2023 Form 4 Insider Report for IRADIMED CORP (IRMD)

Role
CEO, PRESIDENT, CHAIRMAN, Director, 10%+ Owner
Signature
/s/ Roger E. Susi
Stock symbol
IRMD
Transactions as of
Nov 6, 2023
Transactions value $
-$421,247
Form type
4
Date filed
11/9/2023, 04:15 PM
Previous filing
Nov 1, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRMD Common Stock Sale -$215K -5K -2.06% $42.91 238K Nov 6, 2023 By Roger E. Susi Revocable Trust F1, F2
transaction IRMD Common Stock Sale -$207K -5K -2.1% $41.34 233K Nov 7, 2023 By Roger E. Susi Revocable Trust F1, F3
holding IRMD Common Stock 2.36M Nov 6, 2023 By Matthew Susi 2008 Dynasty Trust F4
holding IRMD Common Stock 2.36M Nov 6, 2023 By Phillip Susi 2008 Dynasty Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $42.35 to $44.32. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $40.73 to $43.33. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.