Mirum Pharmaceuticals (MIRM) president and COO sells shares after RSU vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mirum Pharmaceuticals’ president and COO Peter Radovich reported routine equity transactions. On January 23, 2026, 5,750 restricted stock units vested and were converted to 5,750 shares of common stock at an exercise price of $0, increasing his directly held common shares to 26,429.
On January 26, 2026, he sold 3,143 shares of common stock at $96.192 per share, mainly to cover tax withholding on the vesting. After these transactions, he directly owned 23,286 shares of Mirum common stock and 5,750 restricted stock units, which continue to vest in thirds on each anniversary of January 23, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,143 shares ($302,331)
Net Sell
3 txns
Insider
Radovich Peter
Role
PRESIDENT AND COO
Sold
3,143 shs ($302K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,143 | $96.192 | $302K |
| Exercise | Restricted Stock Units | 5,750 | $0.00 | -- |
| Exercise | Common Stock | 5,750 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,286 shares (Direct);
Restricted Stock Units — 5,750 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 transactions did Mirum Pharmaceuticals (MIRM) report for Peter Radovich?
Mirum Pharmaceuticals reported that president and COO Peter Radovich had 5,750 restricted stock units vest into common shares, then sold 3,143 shares. The sale primarily covered tax withholding tied to the RSU vesting, while he retained a significant shareholding.
What happened to Peter Radovich’s Mirum (MIRM) restricted stock units on January 23, 2026?
On January 23, 2026, 5,750 restricted stock units for Peter Radovich vested and were exercised at an effective price of $0 per unit. Each vested RSU converted into one share of Mirum common stock, increasing his directly held share count before the tax-related sale.
How do Peter Radovich’s Mirum (MIRM) restricted stock units vest over time?
The filing states that one-third of the RSUs vest on each anniversary of January 23, 2024, the vesting commencement date. This schedule means the entire award becomes fully vested on the three-year anniversary of that date, assuming continued service and plan conditions.
Is Peter Radovich considered an insider at Mirum Pharmaceuticals (MIRM)?
Yes. Peter Radovich is identified as an officer of Mirum Pharmaceuticals, serving as president and COO. As a company officer, he is classified as an insider under Section 16 reporting rules and must disclose transactions in company equity securities on Form 4.