Mirum Pharma CEO exercises options, sells 30K shares
Mirum Pharmaceuticals’ CEO exercised options and sold 30,000 MIRM shares under a pre-arranged Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Mirum Pharmaceuticals, Inc. (MIRM) reported that Chief Executive Officer Christopher Peetz exercised fully vested stock options for 30,000 shares of common stock on September 1, 2026 at an exercise price of $2.936 per share, receiving 30,000 shares of common stock. On the same date, he sold 8,312 shares at a weighted average price of $98.08 per share and 21,688 shares at a weighted average price of $98.91 per share under a Rule 10b5-1 trading plan adopted on March 2, 2026. Following the option exercise, he held 58,487 stock options directly and 187,500 shares of common stock indirectly through The Peetz Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F5 | 30,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 30,000 | $2.936 | $88K |
| Sale | Common Stock F2, F3 | 8,312 | $98.08 | $815K |
| Sale | Common Stock F2, F4 | 21,688 | $98.91 | $2.15M |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Includes 131 shares of Common Stock that were acquired by the Reporting Person on May 10, 2026, pursuant to the Issuer's Employee Stock Purchase Plan.
- F2. Reported transaction occurred pursuant to a Rule 10b5-1 Plan adopted by the reporting person on March 2, 2026.
- F3. The weighted average sale price for the transaction reported was $98.08, and the range of prices were between $97.47 and $98.42. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.
- F4. The weighted average sale price for the transaction reported was $98.91, and the range of prices were between $98.49 and $99.38. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.
- F5. The stock option is fully vested.
Key Figures
Key Terms
Rule 10b5-1 Plan regulatory
weighted average sale price financial
Employee Stock Purchase Plan financial
fully vested financial
FAQ
What stock option activity did MIRM’s CEO report on this Form 4?
What Mirum Pharmaceuticals holdings does the CEO report after these transactions?
What is the status of the stock option exercised by the MIRM CEO?
Does the Form 4 mention Mirum’s Employee Stock Purchase Plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.