Insider Activity Spotlight: CFO Blum Susan’s Recent Purchase
On January 23, 2026, CorMedix Inc. saw its Chief Financial Officer, Susan Blum, execute a sizeable purchase of restricted stock units (RSUs). The transaction involved 72,820 RSUs granted at a price of $0.00, reflecting the standard vesting schedule rather than a cash outlay. The move increased her post‑transaction holdings to 142,506 shares, more than doubling her previous stake. While the grant itself is a typical equity‑compensation mechanism, the timing and scale are noteworthy against a backdrop of heightened social‑media buzz (Buzz = 815.45 %) and a highly positive sentiment score (+97). The market’s 12.72 % weekly rally and a 7.76 $ close suggest investors are already pricing in favorable expectations, and Blum’s action could reinforce that narrative.
What Does This Mean for Investors?
Blum’s purchase of RSUs, rather than cash‑based trades, signals a long‑term confidence in CorMedix’s trajectory. Unlike outright share sales, which often raise questions about insider pessimism, an RSU grant implies she anticipates the company’s share price to rise as the units vest. Coupled with the company’s robust earnings multiples (P/E = 3.25) and a strong 52‑week high of $17.43, the CFO’s commitment may act as a catalyst for further investor interest, particularly as the firm continues to develop its pipeline in infectious and inflammatory diseases. However, the recent 39 % monthly decline underscores volatility; investors should weigh the potential upside against the underlying clinical and regulatory uncertainties that drive the sector.
Blum Susan: A Profile of Consistent Commitment
Blum’s insider history paints a picture of disciplined participation. Her first recorded purchase dates back to August 29, 2025, when she acquired 69,686 shares at $0.00, coinciding with the grant of RSUs. Since then, she has not engaged in any sales, indicating a steadfast belief in CorMedix’s future. The current grant effectively doubles her holdings, bringing her total to 142,506 shares, which places her among the top five insiders by volume on the Nasdaq listing. This pattern of exclusively buying—particularly in RSUs—highlights her role as a long‑term stakeholder, aligning her interests closely with shareholders.
Company‑Wide Insider Momentum
Blum’s activity is part of a broader wave of insider trading at CorMedix. Chief Executive Officer Joseph Todisco, Chief Operating Officer Elizabeth Hurlburt, and Chief Legal Officer Beth Zelnick all executed simultaneous buy and sell transactions on the same day, reflecting a strategic realignment of holdings. While some of these sales may be routine, the net effect is an injection of capital into the company’s equity base. The collective confidence of top executives, combined with a sharp social‑media signal, could buoy the stock in the near term, provided the company’s clinical milestones continue to progress as scheduled.
Investor Takeaway
For investors eyeing CorMedix, Blum Susan’s RSU grant offers a bullish signal rooted in insider confidence rather than speculative trading. The CFO’s hands‑on approach to equity, coupled with a supportive corporate environment and a strong P/E ratio, suggests potential upside. Still, the sector’s inherent risk profile and recent price swings warrant caution. Monitoring subsequent vesting events, clinical trial updates, and earnings releases will be key to assessing whether insider enthusiasm translates into sustained shareholder value.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-01-23 | Blum Susan (Chief Financial Officer) | Buy | 72,820.00 | 0.00 | Common Stock |
| 2026-01-23 | Blum Susan (Chief Financial Officer) | Sell | 9,767.00 | 7.27 | Common Stock |
| 2026-01-23 | Zelnick Kaufman Beth (Chief Legal Officer) | Buy | 72,820.00 | 0.00 | Common Stock |
| 2026-01-23 | Zelnick Kaufman Beth (Chief Legal Officer) | Sell | 8,803.00 | 7.27 | Common Stock |
| 2026-01-23 | Hurlburt Elizabeth (Chief Operating Officer) | Buy | 93,010.00 | 0.00 | Common Stock |
| 2026-01-23 | Hurlburt Elizabeth (Chief Operating Officer) | Sell | 10,778.00 | 7.27 | Common Stock |
| 2026-01-26 | Lefkowitz Steven W () | Buy | 30,453.00 | 0.00 | Common Stock |
| N/A | Lefkowitz Steven W () | Holding | 30,152.00 | N/A | Common Stock |
| N/A | Lefkowitz Steven W () | Holding | 2,000.00 | N/A | Common Stock |
| 2026-01-26 | DUNTON ALAN W () | Buy | 30,453.00 | 0.00 | Common Stock |
| 2026-01-23 | Todisco Joseph (Chief Executive Officer) | Buy | 225,900.00 | 0.00 | Common Stock |
| 2026-01-23 | Todisco Joseph (Chief Executive Officer) | Sell | 27,306.00 | 7.27 | Common Stock |
| 2026-01-26 | Kaplan Myron () | Buy | 30,453.00 | 0.00 | Common Stock |
| N/A | Kaplan Myron () | Holding | 20,000.00 | N/A | Common Stock |
| N/A | Kaplan Myron () | Holding | 10,000.00 | N/A | Common Stock |
| 2026-01-26 | Lefkowitz Steven W () | Buy | 30,453.00 | 0.00 | Common Stock |
| N/A | Lefkowitz Steven W () | Holding | 30,152.00 | N/A | Common Stock |
| N/A | Lefkowitz Steven W () | Holding | 2,000.00 | N/A | Common Stock |
| 2026-01-26 | Duncan Gregory Scott () | Buy | 30,453.00 | 0.00 | Common Stock |
| 2026-01-26 | Stewart Robert A () | Buy | 30,453.00 | 0.00 | Common Stock |
| 2026-01-26 | Dillione Janet () | Buy | 30,453.00 | 0.00 | Common Stock |




