Mirum (MIRM) President and COO exercises options, boosts direct share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mirum Pharmaceuticals President and COO Peter Radovich exercised stock options to acquire 16,988 shares of common stock at $19.19 per share. These options were fully vested at the time of exercise. After the transaction, he directly holds 57,260 shares of Mirum common stock.
Following the exercise, Radovich still holds 48,012 stock options with an exercise price of $19.19 per share, expiring on January 6, 2031. The filing reflects a derivative exercise only, with no open-market share sales reported in this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,988 shares exercised/converted
Mixed
2 txns
Insider
Radovich Peter
Role
PRESIDENT AND COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 16,988 | $0.00 | -- |
| Exercise | Common Stock | 16,988 | $19.19 | $326K |
Holdings After Transaction:
Stock Option (right to buy) — 48,012 shares (Direct, null);
Common Stock — 57,260 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options exercised: 16,988 shares
Exercise price: $19.19/share
Shares owned after: 57,260 shares
+2 more
5 metrics
Options exercised
16,988 shares
Common stock acquired via option exercise at $19.19 on June 5, 2026
Exercise price
$19.19/share
Strike price for exercised stock options
Shares owned after
57,260 shares
Direct Mirum common stock holdings after transaction
Options remaining
48,012 options
Remaining stock options after exercise, strike $19.19, expire January 6, 2031
Transaction type
Code M
Exercise or conversion of derivative security (Form 4)
Key Terms
Form 4, stock option, derivative exercise, exercise price, +1 more
5 terms
Form 4 regulatory
"What did Mirum Pharmaceuticals (MIRM) executive Peter Radovich report in this Form 4?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
stock option financial
"Peter Radovich reported exercising stock options for 16,988 Mirum shares at $19.19 each."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
derivative exercise financial
"The filing reflects a derivative exercise only, with no open-market share sales reported."
exercise price financial
"The $19.19 figure is the exercise price of Radovich’s stock options, not a market trade price."
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.
fully vested financial
"These options were fully vested at the time of exercise."
FAQ
What did Mirum Pharmaceuticals (MIRM) executive Peter Radovich report in this Form 4?
Peter Radovich reported exercising stock options for 16,988 Mirum shares at $19.19 each. This derivative exercise increased his direct common stock holdings to 57,260 shares, with no open-market sales disclosed in the reported transactions.
What stock options remain for Mirum’s Peter Radovich after this Form 4 event?
Following the exercise, Radovich retains 48,012 stock options with a $19.19 exercise price. These options relate to Mirum common stock and are scheduled to expire on January 6, 2031, according to the filing details.
What is the significance of the $19.19 price in the Mirum (MIRM) Form 4 filing?
The $19.19 figure is the exercise price of Radovich’s stock options, not a market trade price. He used that price to convert 16,988 options into Mirum common shares, as reported in the Form 4 transaction details.