Mirum Pharmaceuticals (MIRM) CFO sells shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mirum Pharmaceuticals’ chief financial officer Eric Bjerkholt reported routine equity compensation activity. On January 23, 2026, 2,667 restricted stock units vested and converted into the same number of common shares at an exercise price of $0. On January 26, 2026, he sold 1,053 of these shares at $96.192 per share to cover tax withholding obligations linked to the vesting. After these transactions, he directly owns 43,741 shares of common stock and 2,666 restricted stock units, which continue to vest in equal annual installments through the three-year schedule that began January 23, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,053 shares ($101,290)
Net Sell
3 txns
Insider
BJERKHOLT ERIC
Role
CHIEF FINANCIAL OFFICER
Sold
1,053 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,053 | $96.192 | $101K |
| Exercise | Restricted Stock Units | 2,667 | $0.00 | -- |
| Exercise | Common Stock | 2,667 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 43,741 shares (Direct);
Restricted Stock Units — 2,666 shares (Direct)
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). 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 23, 2024 (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 its CFO?
Mirum Pharmaceuticals reported that CFO Eric Bjerkholt had restricted stock units vest and then sold some resulting shares. He exercised 2,667 RSUs into common stock and later sold 1,053 shares, primarily to cover tax withholding obligations associated with the RSU vesting event.
What are the terms of the CFO’s Mirum Pharmaceuticals (MIRM) restricted stock units?
Each restricted stock unit gives the right to receive one Mirum common share or its cash equivalent. One-third of the RSU award vests on each anniversary of January 23, 2024, so the entire grant becomes fully vested on the three-year anniversary of that vesting commencement date.
How do Mirum Pharmaceuticals (MIRM) RSUs convert into common stock for the CFO?
Each RSU represents a contingent right to receive one Mirum common share or cash at the issuer’s discretion. When vesting conditions are met, RSUs convert into common stock at a $0 exercise price, creating taxable income and increasing the executive’s directly owned share count accordingly.