Mirum Pharmaceuticals (MIRM) director awarded RSUs and options in new equity grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mirum Pharmaceuticals, Inc. director Timothy P. Walbert reported equity awards consisting of restricted stock units and stock options. He received 1,980 restricted stock units, each representing a right to receive one share of common stock, and 3,772 stock options with an exercise price of $101.00 per share.
Both the RSUs and options vest on the first anniversary of the June 15, 2026 grant date, but will in any case be fully vested on the date of Mirum’s 2027 annual stockholder meeting. After these awards, Walbert holds 1,980 RSUs and 3,772 options directly, reflecting compensation-related grants rather than open‑market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Walbert Timothy P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 3,772 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,980 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 3,772 shares (Direct, null);
Restricted Stock Units — 1,980 shares (Direct, null)
Footnotes (1)
- The shares vest on the first anniversary of the grant date, provided that the option will in any case be fully vested on the date of the Issuer's 2027 annual stockholder meeting. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock and will vest on the first anniversary of the grant date, provided that it will in any case be fully vested on the date of the Issuer's 2027 annual stockholder meeting.
Key Figures
Restricted stock units granted: 1,980 units
Stock options granted: 3,772 options
Option exercise price: $101.00 per share
+3 more
6 metrics
Restricted stock units granted
1,980 units
Equity award to director on June 15, 2026
Stock options granted
3,772 options
Equity award to director on June 15, 2026
Option exercise price
$101.00 per share
Stock Option (right to buy) grant
Option expiration date
June 14, 2036
Expiry of granted stock options
RSUs following transaction
1,980 units
Total RSUs held directly after grant
Options following transaction
3,772 options
Total options held directly after grant
Key Terms
Restricted Stock Units, Stock Option (right to buy), exercise price, vest, +1 more
5 terms
Restricted Stock Units financial
"security_title: Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 101.0000"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest financial
"The shares vest on the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual stockholder meeting financial
"fully vested on the date of the Issuer's 2027 annual stockholder meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
