Mirum Pharmaceuticals (MIRM) president and COO exercises options, lifts stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mirum Pharmaceuticals president and COO Peter Radovich exercised stock options to acquire 5,912 shares of common stock at an exercise price of $15.87 per share. These options were fully vested. Following the transaction, he directly owns 26,567 shares of common stock and holds 54,088 stock options.
No shares were sold and no tax-withholding dispositions were reported, making this a straightforward exercise-and-hold transaction that increases his direct equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,912 shares exercised/converted
Mixed
2 txns
Insider
Radovich Peter
Role
PRESIDENT AND COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 5,912 | $0.00 | -- |
| Exercise | Common Stock | 5,912 | $15.87 | $94K |
Holdings After Transaction:
Stock Option (right to buy) — 54,088 shares (Direct);
Common Stock — 26,567 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Mirum Pharmaceuticals (MIRM) report for Peter Radovich?
Mirum Pharmaceuticals reported that president and COO Peter Radovich exercised stock options to acquire 5,912 shares of common stock at $15.87 per share. This transaction increased his direct ownership and involved no open-market share sales or tax-withholding dispositions.
What was the exercise price of the Mirum Pharmaceuticals (MIRM) options exercised by Peter Radovich?
The exercised Mirum Pharmaceuticals stock options had an exercise, or strike, price of $15.87 per share. Exercising these fully vested options converted 5,912 option rights into the same number of common shares at that fixed price on the transaction date.
What does the fully vested status of Mirum Pharmaceuticals (MIRM) options mean in this Form 4?
The footnote states the stock option is fully vested, meaning Peter Radovich had already earned the right to exercise all underlying option shares. Vested options can be exercised at the holder’s discretion, converting them into common shares at the predetermined exercise price.
Is the Mirum Pharmaceuticals (MIRM) Form 4 for Peter Radovich primarily a buy or sell signal?
The Form 4 reflects an acquisition via option exercise, not a sale. Peter Radovich exercised options to receive 5,912 shares and retained them, which is typically viewed as a routine compensation-related exercise-and-hold transaction rather than an open-market buy or sell signal.