Mirum CEO exercises RSUs, sells shares for taxes
Mirum Pharmaceuticals CEO Christopher Peetz reported a mix of stock exercises and a tax-related sale.
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Rhea-AI Filing Summary
Mirum Pharmaceuticals CEO Christopher Peetz reported a mix of stock exercises and a tax-related sale. On March 15, 2026, he exercised performance restricted stock units covering 75,000 shares of common stock at a conversion price of $0.00, increasing his direct holdings.
On March 16, 2026, Peetz executed an open-market sale of 40,985 shares of common stock at an average price of $91.9779 per share. A footnote states these shares were sold to cover tax withholding obligations tied to the vesting of the performance restricted stock units, indicating a mechanistic, tax-driven transaction rather than a discretionary sale. After these transactions, he directly held 194,309 shares, with an additional 187,500 shares held indirectly by The Peetz Family Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 40,985 | $91.9779 | $3.77M |
| Exercise | Performance Restricted Stock Units | 25,000 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 50,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 25,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 50,000 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (4)
- 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, 2025 and 1/3 of the shares vest on March 15, 2026.
- F4. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.