Home / Auditor changes / IRONWOOD PHARMACEUTICALS INC

3/5IRONWOOD PHARMACEUTICALS INC (IRWD): Auditor change

Filed 2025-07-10 路 Form 8-K 路 Accession 0001104659-25-066986 micro

Market data

Price before filing: $0.8043 (2025-07-09 close, split/dividend-adjusted)
Market cap at flag: $125.9M (2025-07-10) 路 Latest: $579.1M (2026-10-16)

What happened next

WindowIRWDSPYvs SPY
30 days+4.0%+1.9%+2.1%2025-08-11
90 days+96.4%+8.2%+88.3%2025-10-08
180 days+434.6%+11.5%+423.1%2026-01-06

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 2 insiders sold $9K (2 sales)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-05-16Gaskins Tammi L
Chief Commercial Officer
Sale2,563$0.58$1KnoForm 4
2025-05-16MCCOURT Thomas A
Chief Executive Officer, Director
Sale13,353$0.58$8KnoForm 4
2025-07-10: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-04-11 to 2025-08-09. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"(the "Company") dismissed Ernst & Young LLP ("EY") as the Company's independent registered public accounting firm."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: dismissed
Disagreements reported: no
Former auditor: Ernst & Young LLP · New auditor: KPMG LLP

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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