Mirum (NASDAQ: MIRM) CMO logs RSU vesting and 6,911-share sale
Rhea-AI Filing Summary
Mirum Pharmaceuticals' Chief Medical Officer, Joanne Quan, reported equity award activity and a related share sale. On January 16, 2026, 12,500 restricted stock units vested and were converted into 12,500 shares of Mirum common stock at an exercise price of $0. Footnotes state that each unit represents one share and that one-third of the award vests on each anniversary of January 16, 2024 until fully vested after three years.
On January 20, 2026, Quan sold 6,911 shares of common stock at an average price of $90.2696 per share to cover tax withholding obligations tied to the vesting. After these transactions, she directly owned 11,305 shares of Mirum common stock and 12,500 restricted stock units.
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FAQ
What insider activity did Mirum Pharmaceuticals (MIRM) report for Joanne Quan?
Mirum Pharmaceuticals reported that Chief Medical Officer Joanne Quan had 12,500 restricted stock units vest into common stock on January 16, 2026, and she then sold 6,911 shares on January 20, 2026 to cover tax withholding obligations.
How many Mirum Pharmaceuticals (MIRM) shares did the CMO sell, and at what price?
On January 20, 2026, Chief Medical Officer Joanne Quan sold 6,911 shares of Mirum common stock at an average price of $90.2696 per share, as disclosed in the Form 4.
How many Mirum Pharmaceuticals (MIRM) shares does the CMO own after these transactions?
Following the reported transactions, Joanne Quan directly owned 11,305 shares of Mirum common stock and held 12,500 restricted stock units, each representing a right to receive one share.
What are the vesting terms of the Mirum Pharmaceuticals (MIRM) restricted stock units?
The footnotes state that one-third of the shares subject to the restricted stock units vest on each anniversary of January 16, 2024, so the entire award becomes fully vested on the three-year anniversary of that vesting commencement date.
Why did the Mirum Pharmaceuticals (MIRM) CMO sell shares on January 20, 2026?
A footnote explains that the 6,911 shares sold on January 20, 2026 were sold to cover tax withholding obligations associated with the vesting of restricted stock units.
What does each Mirum Pharmaceuticals (MIRM) restricted stock unit represent in this Form 4?
According to the disclosure, each restricted stock unit represents a contingent right to receive one share of Mirum Pharmaceuticals common stock upon vesting, with no exercise price.