Rhythm Pharmaceuticals, Inc. reported an insider ownership change for Alastair Garfield tied to the vesting of restricted stock units on July 1, 2026. The filing shows a transaction involving 12,208 shares of Rhythm common stock at a reported value of $110.41 per share. The shares came from restricted stock units, each of which represents a contingent right to receive one share of the company’s common stock. The RSUs were part of an award that vests in four equal annual installments: 25% on each of the first four anniversaries of July 1, 2024, provided Garfield continues to serve the company on each vesting date. The RSUs have no expiration date. In connection with the vesting, 2,150 shares were withheld at $110.41 per share to cover required withholding taxes. That tax-withholding transaction reduced the number of shares Garfield retained from the vesting event. Based on the reported figures, the net number of shares issued and retained after the withholding was 10,058 shares. The filing does not indicate an open-market sale by Garfield. Instead, the reported disposition reflects shares automatically withheld by the company for tax obligations arising from the RSU vesting. No transaction code is shown in the provided filing text, though the explanatory note identifies the 2,150-share disposition as tax withholding related to vested RSUs. The Form 4 was signed on July 2, 2026, by Stephen Vander Stoep as attorney-in-fact for Alastair Garfield.
Stock detail
Rhythm Pharmaceuticals (RYTM) stock price, chart, and key data
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Stock detail
Rhythm Pharmaceuticals
RYTM · XNAS
-$1.30 (-1.25%) past day
$102.66
Overnight $102.16 (-0.49%)
Key metrics
Financials
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Operating income & Operating cash flow
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Total assets & Total liabilities
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Total equity & Shares outstanding
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Day range
$100.96 - $104.78
Close price
$102.66
Market cap
$7B
P/E ratio
-0
Financials
FY2026 Q1Operating income
-$52M
Operating cash flow
-$44M
EPS
—
Shares outstanding
68.5M
Total assets
$442M
Total equity
$238M
Total liabilities
$205M
About the company
Rhythm Pharmaceuticals Inc
Rhythm Pharmaceuticals Inc is a commercial-stage biopharmaceutical company engaged in the development and commercialization of therapies for patients with rare neuroendocrine diseases. The company is focused on advancing its melanocortin-4 receptor (MC4R) agonists, including its main asset, IMCIVREE (setmelanotide), as a precision medicine designed to treat hyperphagia and severe obesity caused by rare MC4R pathway diseases. In addition, it has two early-stage investigational MC4R agonists in clinical development, RM-718 and bivamelagon, designed not to cause hyperpigmentation. The company is also focused on advancing potential candidates for congenital hyperinsulinism. It currently operates in two business segments: the United States, which generates maximum revenue, and International.
Analyst rating summary
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Mean target
$137
12
Buy
/ 12
Recent calls
07/16/2026
Wells Fargo
Derek Archila
Buy · Price target $155
07/15/2026
Bank of America Securities
Tazeen Ahmad
Buy
07/07/2026
Canaccord Genuity
Whitney Ijem
Buy · Price target $151
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