Mirum (NASDAQ: MIRM) COO sells shares after RSU vesting
Rhea-AI Filing Summary
Mirum Pharmaceuticals, Inc. executive Peter Radovich, the company’s President and COO, reported routine equity compensation activity. On January 21, 2026, 4,167 restricted stock units were converted into the same number of shares of common stock at an exercise price of $0 per share. Each restricted stock unit represents a right to receive one share of common stock or its cash equivalent. Following this conversion, he held 23,061 shares of common stock, which includes 222 shares acquired under the company’s employee stock purchase plan.
On January 22, 2026, Radovich sold 2,382 shares of Mirum common stock at an average price of $93.3252 per share, with the shares sold to cover tax withholding obligations related to the RSU vesting. After the sale, he beneficially owned 20,679 shares of common stock directly, and 8,333 restricted stock units remained outstanding, scheduled to vest in equal annual installments through the third anniversary of January 21, 2025.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,382 | $93.3252 | $222K |
| Exercise | Restricted Stock Units | 4,167 | $0.00 | -- |
| Exercise | Common Stock | 4,167 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock (or its cash equivalent, at the discretion of the Issuer). Includes 222 shares of common stock that were acquired by the Reporting Person on November 10, 2025, pursuant to the Issuer's Employee Stock Purchase Plan. Shares sold to cover tax withholding obligations associated with the vesting of restricted stock units. 1/3rd of the shares subject to the restricted stock units shall vest on each anniversary of January 21, 2025 (the "Vesting Commencement Date"), such that the entire award will be vested on the three-year anniversary of the Vesting Commencement Date.
FAQ
What insider transaction did Mirum Pharmaceuticals (MIRM) report for Peter Radovich?
Mirum Pharmaceuticals reported that President and COO Peter Radovich had 4,167 restricted stock units convert into common stock on January 21, 2026, and then sold 2,382 shares of common stock on January 22, 2026.
What are the vesting terms for the Mirum Pharmaceuticals (MIRM) restricted stock units in this Form 4?
The filing explains that one-third of the shares subject to the restricted stock units vest on each anniversary of January 21, 2025, so the award is fully vested on the three-year anniversary of that vesting commencement date.