secwatch.observer — SEC 8-K summary
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Issuer:     iRhythm Holdings, Inc. (IRTC)
CIK:        0001388658
Form:       8-K
Filed at:   2021-07-06T23:59:59+00:00
Accession:  0001388658-21-000120
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iRhythm finalizes CEO separation, interim CEO Devine gets $600K salary plus RSU grant
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- Former CEO Michael Coyle receives $200,000 severance and repays $584,053.58 relocation loan.
- Coyle signs consulting agreement for reimbursement and transition support on as-needed basis.
- Interim CEO Douglas Devine receives $600,000 annual salary, 60% bonus target, and $1,148,000 RSU grant.
- Devine's severance eligibility set at Tier 2 under Company's Change in Control and Severance Policy.
- Coyle resigned as CEO effective June 1, 2021; separation agreement executed June 29, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1388658/000138865821000120/0001388658-21-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1388658/000138865821000120/irtc-20210629.htm
  HTML page:      https://secwatch.observer/filing/0001388658-21-000120

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