Insider Activity Spotlight: CFO Blum Susan’s Recent Purchase
On 23 January 2026, CorMedix Inc. reported a significant equity transaction involving its Chief Financial Officer, Susan Blum. The CFO executed a purchase of 72,820 restricted stock units (RSUs), all granted at a valuation of $0.00 in accordance with the company’s standard vesting schedule. This move increased Blum’s post‑transaction holdings to 142,506 shares, effectively more than doubling her prior stake.
The transaction is notable for several reasons. First, the timing aligns with a period of heightened social‑media engagement—Buzz at 815.45 % and an exceptionally positive sentiment score of +97—suggesting that market participants are closely monitoring insider activity. Second, the market context features a 12.72 % weekly rally and a closing price of $7.76, indicating that investors may already be pricing in favorable expectations. Finally, Blum’s action—an RSU grant rather than a cash‑based trade—signals a long‑term confidence in the company’s trajectory, contrasting with the typical narrative associated with insider share sales.
Implications for Investors
The CFO’s purchase of RSUs, as opposed to outright share sales, is widely interpreted as a positive indicator. Insider RSU purchases imply that the executive anticipates the share price to rise as the units vest, thereby aligning her interests with those of minority shareholders. When combined with CorMedix’s robust earnings multiples—P/E of 3.25—and a 52‑week high of $17.43, the CFO’s commitment may act as a catalyst for further investor interest. The firm continues to develop its pipeline in infectious and inflammatory diseases, a sector that carries significant clinical and regulatory uncertainties. Recent market volatility, evidenced by a 39 % monthly decline, underscores the need for investors to weigh potential upside against the inherent risks of the therapeutic area.
Blum Susan: A Profile of Consistent Commitment
Blum’s insider history reveals a disciplined participation pattern. Her first recorded purchase, dated 29 August 2025, involved 69,686 shares granted at $0.00, coinciding with an RSU grant. Since that initial transaction, she has refrained from any sales, suggesting a steadfast belief in CorMedix’s future prospects. The current grant effectively doubles her holdings, placing her among the top five insiders by volume on the Nasdaq listing. This consistent buying behavior, particularly in RSUs, highlights her role as a long‑term stakeholder and reinforces the alignment of her interests with those of the broader shareholder base.
Company‑Wide Insider Momentum
Blum’s activity is part of a broader wave of insider trading at CorMedix. Executives across the board—Chief Executive Officer Joseph Todisco, Chief Operating Officer Elizabeth Hurlburt, and Chief Legal Officer Beth Zelnick—executed simultaneous buy and sell transactions on the same day. 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, coupled 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. Nevertheless, 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 |




