Mirum CFO exercises PRSUs, sells shares for taxes
Mirum Pharmaceuticals’ Chief Financial Officer Eric Bjerkholt exercised performance-based equity and sold shares mainly to cover taxes.
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Rhea-AI Filing Summary
Mirum Pharmaceuticals’ Chief Financial Officer Eric Bjerkholt exercised performance-based equity and sold shares mainly to cover taxes. He converted 13,334 performance restricted stock units into common stock at a conversion price of $0.0000 per unit. On the next trading day, 7,287 common shares were sold at an average price of $91.9779 per share to satisfy tax withholding obligations tied to this vesting. After these transactions, he directly held 49,788 shares of Mirum common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,287 | $91.9779 | $670K |
| Exercise | Performance Restricted Stock Units | 13,334 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,334 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each performance restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. Shares sold to cover tax withholding obligations associated with the vesting of the performance restricted stock units.
- F3. The shares vest as follows: 2/3 of the shares vest on March 15, 2026 and 1/3 of the shares vest on March 15, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Mirum Pharmaceuticals (MIRM) report for its CFO?
What equity awards did the Mirum (MIRM) CFO exercise in this Form 4?
How do the Mirum (MIRM) performance restricted stock units vest for the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.