Mirum (MIRM) SVP Jolanda Howe sells 2,594 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mirum Pharmaceuticals SVP Jolanda Howe reported an open-market sale of 2,594 shares of Common Stock at $101.95 per share. After this transaction, she directly holds 5,835 shares. The filing notes the sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on March 18, 2026, indicating the timing was scheduled in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,594 shares ($264,458)
Net Sell
1 txn
Insider
Howe Jolanda
Role
SVP, GLOBAL CONTROLLER
Sold
2,594 shs ($264K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,594 | $101.95 | $264K |
Holdings After Transaction:
Common Stock — 5,835 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,594 shares
Sale price: $101.95 per share
Shares owned after sale: 5,835 shares
+2 more
5 metrics
Shares sold
2,594 shares
Open-market sale of Common Stock
Sale price
$101.95 per share
Price for the 2,594 shares sold
Shares owned after sale
5,835 shares
Direct holdings following transaction
Transaction code
S
Sale in open market or private transaction
Plan adoption date
March 18, 2026
Rule 10b5-1 Plan adoption for this trade
Key Terms
Rule 10b5-1 Plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 Plan regulatory
"Reported transaction occurred pursuant to a Rule 10b5-1 Plan adopted by the reporting person on March 18, 2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open-market sale financial
"transaction_action: "open-market sale" and transaction_code_description: "Sale in open market or private transaction""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" in the reported Form 4 transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Mirum Pharmaceuticals (MIRM) report for Jolanda Howe?
Mirum Pharmaceuticals reported that SVP and Global Controller Jolanda Howe completed an open-market sale of 2,594 shares of Common Stock at $101.95 per share. Following this transaction, she directly holds 5,835 shares in the company.
Was Jolanda Howe’s Mirum (MIRM) stock sale part of a Rule 10b5-1 trading plan?
Yes. The footnote states the transaction occurred under a Rule 10b5-1 Plan adopted on March 18, 2026. Such plans pre-schedule trades, meaning the timing of this 2,594-share sale was arranged in advance.
What type of transaction is disclosed in the Mirum (MIRM) Form 4 for Jolanda Howe?
The Form 4 describes the event as an open-market sale of Common Stock, coded as an “S” transaction. It covers the sale of 2,594 shares at $101.95 per share, with direct ownership reported after the trade.