Mirum (MIRM) CEO sells shares to cover taxes after RSU vesting
Rhea-AI Filing Summary
Mirum Pharmaceuticals, Inc. chief executive officer Christopher Peetz reported routine equity compensation activity and a related share sale. On January 21, 2026, 12,797 shares of common stock were acquired upon the vesting and settlement of restricted stock units, increasing his directly held common stock to 170,831 shares and his directly held restricted stock units to 25,593 units. On January 22, 2026, he sold 7,098 shares of common stock at $93.3252 per share, and the filing states these shares were sold to cover tax withholding obligations from the RSU vesting. After these transactions, he directly owns 163,733 shares of common stock and indirectly holds 187,500 shares of common stock through The Peetz Family Trust, in addition to the outstanding restricted stock units.
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FAQ
What insider transaction did Mirum (MIRM) CEO Christopher Peetz report?
Christopher Peetz, chief executive officer and director of Mirum Pharmaceuticals, Inc., reported the vesting of restricted stock units into 12,797 shares of common stock on January 21, 2026 and a subsequent sale of 7,098 shares of common stock on January 22, 2026.
How many Mirum (MIRM) shares did the CEO sell and at what price?
On January 22, 2026, the CEO sold 7,098 shares of Mirum Pharmaceuticals common stock at a price of $93.3252 per share, as reported in the Form 4.
Why were the Mirum (MIRM) shares sold in this Form 4 filing?
The filing explains that the 7,098 shares were sold to cover tax withholding obligations associated with the vesting of restricted stock units, rather than as an open-market discretionary sale of the full RSU vesting amount.
How many Mirum (MIRM) shares does the CEO own after these transactions?
Following the reported transactions, the CEO directly owns 163,733 shares of Mirum Pharmaceuticals common stock and indirectly holds an additional 187,500 shares through The Peetz Family Trust, as reflected in the Form 4.
What is the status of the Mirum (MIRM) restricted stock units in this Form 4?
The Form 4 shows that restricted stock units converted into 12,797 shares of common stock on January 21, 2026, and that 25,593 restricted stock units remain directly beneficially owned after the transaction. Each restricted stock unit represents a contingent right to receive one share of common stock.
How do the Mirum (MIRM) CEO’s remaining restricted stock units vest over time?
According to the footnote, one-third of the shares subject to the restricted stock units vest on each anniversary of January 21, 2025, so the entire award will be vested on the three-year anniversary of that vesting commencement date.