SC 13G/A: iRhythm Technologies, Inc.
Ticker: IRTC · Form: SC 13G/A · Filed: Nov 7, 2024 · CIK: 1388658
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by iRhythm Technologies, Inc..
Risk Assessment
Risk Level: low
Filing Stats: 1,109 words · 4 min read · ~4 pages · Grade level 8.9 · Accepted 2024-11-07 16:05:49
Key Financial Figures
- $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti
Filing Documents
- d871375dsc13ga.htm (SC 13G/A) — 45KB
- 0001193125-24-253118.txt ( ) — 47KB
. Identity and Background
Item 2 . Identity and Background (a) Name of Person(s) Filing: This Schedule 13G is being filed jointly by Sands Capital Management, LLC ( SCM ) and Frank M. Sands ( Sands ). Sands holds ultimate voting and investment power over securities held by SCM. (b) Address of Principal Business Office, or if None, Residence : The principal business address of each of SCM and Sands is 1000 Wilson Blvd., Suite 3000, Arlington, VA 22209. (c) Citizenship or Place of Organization : Sands Capital Management, LLC is organized under the laws of the State of Delaware. Sands is a citizen of the United States. (d) Title of Class of Securities: Common Stock, par value $0.001 per share (e) CUSIP Number: 450056106
. If This Statement
Item 3 . If This Statement Is Filed Pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing Is an Entity Specified in (a)(k) : (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with Section 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___ SCM is reporting hereunder as an investment adviser pursuant to (e) above. Sands is reporting hereunder as a control person pursuant to (g) above. Item 4 . Ownership See rows 5 through 11 of cover pages.
. Ownership of Five Percent or Less of a Class
Item 5 . Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof each of the Reporting Persons has ceased to be a beneficial
. Ownership of More than Five Percent on Behalf
Item 6 . Ownership of More than Five Percent on Behalf of Another Person Securities reported on this Schedule 13G are held in the accounts of various clients of Sands Capital Management, LLC, which may include pension plans, endowments, foundations, mutual funds, charities, state and municipal government entities, Taft-Hartley plans, families, and individuals, among other types. Such clients have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No such clients interest in the class of securities reported herein is more than 5%. Item 7 . Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company See Item 3.
. Identification and Classification of Members of the Group
Item 8 . Identification and Classification of Members of the Group Not applicable.
. Notice of
Item 9 . Notice of Dissolution of Group Not applicable.
. Certification
Item 10 . Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: November 7, 2024 /s/ Alexandra R. Fulk Sands Capital Management, LLC By: Alexandra R. Fulk, Chief Compliance Officer, Senior Counsel /s/ Frank M. Sands Name: Frank M. Sands EXHIBIT INDEX EXHIBIT 1 Joint Acquisition Statement Pursuant to Section 240.13d-1(k) (previously filed)