secwatch.observer — SEC 8-K summary
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Issuer:     iRhythm Holdings, Inc. (IRTC)
CIK:        0001388658
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001388658-23-000041
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

iRhythm COO Douglas Devine resigns; reaffirms 2023 revenue guidance of $475-485M
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- Douglas Devine resigned as COO on March 10, 2023; will serve as executive advisor through July 3, 2024.
- Devine receives 12 months base salary severance, $69K bonus, and continued equity vesting under consulting agreement.
- Daniel Wilson's role changes to EVP of Corporate Development and Investor Relations, dropping Corporate Strategy.
- 2023 revenue guidance reaffirmed at $475-485M, representing 16-18% growth over prior year.
- Gross margin guidance 69-70%; adjusted EBITDA margin expected -0.5% to 0.5% of revenues.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1388658/000138865823000041/0001388658-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1388658/000138865823000041/irtc-20230310.htm
  HTML page:      https://secwatch.observer/filing/0001388658-23-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer