Mirum Pharmaceuticals (MIRM) SVP Howe sells 2,721 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mirum Pharmaceuticals SVP and global controller Jolanda Howe reported an open-market sale of 2,721 shares of common stock at $120.00 per share. After the transaction, she directly holds 3,114 shares. The filing notes the sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 18, 2026, indicating it was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,721 shares ($326,520)
Net Sell
1 txn
Insider
Howe Jolanda
Role
SVP, GLOBAL CONTROLLER
Sold
2,721 shs ($327K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,721 | $120.00 | $327K |
Holdings After Transaction:
Common Stock — 3,114 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,721 shares
Sale price: $120.00 per share
Shares held after sale: 3,114 shares
+1 more
4 metrics
Shares sold
2,721 shares
Open-market sale of common stock on July 1, 2026
Sale price
$120.00 per share
Price for the 2,721 Mirum common shares sold
Shares held after sale
3,114 shares
Direct ownership following the reported transaction
Net share change
-2,721 shares
Net selling activity in this Form 4
Key Terms
Rule 10b5-1 Plan, open-market sale, Form 4, Common Stock, +1 more
5 terms
Rule 10b5-1 Plan regulatory
"Reported transaction occurred pursuant to a Rule 10b5-1 Plan adopted by the reporting person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "S" regulatory
"transaction_code: "S""
FAQ
What insider transaction did Mirum Pharmaceuticals (MIRM) report for Jolanda Howe?
Mirum Pharmaceuticals reported that SVP and global controller Jolanda Howe sold 2,721 shares of common stock in an open-market transaction at $120.00 per share, and continues to hold 3,114 shares directly following this planned sale.
Was the Mirum Pharmaceuticals (MIRM) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the reported transaction occurred under a Rule 10b5-1 trading plan adopted by Jolanda Howe on March 18, 2026, indicating the sale was pre-scheduled rather than timed in response to short-term market or company developments.
What type of transaction code was used in the Mirum Pharmaceuticals (MIRM) Form 4?
The Form 4 uses transaction code “S,” which indicates a sale of non-derivative securities, such as common stock, in an open-market or private transaction. In this case, it reflects the open-market sale of 2,721 Mirum Pharmaceuticals shares.