Rhythm Pharmaceuticals, Inc. (RYTM) company profile
Close on Nov 13, 2026Market cap $7.92BP/E –Yield –
About Rhythm Pharmaceuticals
Pharmaceutical Preparations, SIC 2834
Rhythm Pharmaceuticals is a commercial-stage biopharmaceutical company focused on developing precision medicines to treat rare neuroendocrine diseases. The company concentrates on advancing melanocortin-4 receptor agonists designed to address hyperphagia and severe obesity resulting from impaired signaling pathways in the brain. Its primary marketed therapy is IMCIVREE, which is authorized to manage weight and control hunger in adult and pediatric patients with rare conditions such as Bardet-Biedl syndrome and specific genetic deficiencies involving pro-opiomelanocortin, proprotein convertase subtilisin/kexin type 1, or leptin receptor genes. Beyond its approved treatments, the company is evaluating earlier-stage investigational drug candidates, including bivamelagon and RM-718, for hypothalamic obesity and Prader-Willi syndrome.
The company has obtained regulatory approvals, market access, or named patient sales across more than twenty-five countries beyond the United States, including territories within the European Union, the United Kingdom, and Canada. As of February 1, 2026, the company employed 414 individuals, with 126 staff members situated across 11 countries outside North America. The text does not state the company's headquarters location.
Summary of the business section of Rhythm Pharmaceuticals's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Rhythm Pharmaceuticals, Inc.
- Founded
- 2008
- Headquarters
- Boston, MA
- Address
- 222 Berkeley Street, 12th Floor 02116
- Phone
- (857) 264-4280
- Website
- www.rhythmtx.com
- Employees
- 414, Dec 31, 2025
- Industry
- Pharmaceutical Preparations
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- RYTM
- Exchange
- Nasdaq
- IPO date
- Oct 5, 2017
- Shares outstanding
- 69M, Aug 1, 2026
- Public float
- $3.80B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1649904
- CUSIP
- 76243J105
- ISIN
- US76243J1051
- FIGI
- BBG007DLZ601
- Share class FIGI
- BBG007DLZ629
- LEI
- 529900JPNWXQ8DPLA551
- EIN
- 46-2159271
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| David P. Meeker | President and CEO, Director | 289,258 |
| Hunter C. Smith | Chief Financial Officer | 114,024 |
| Manher Joshi | Chief Medical Officer | – |
| Joseph Shulman | Chief Technical Officer | 20,994 |
| Alastair Garfield | Chief Scientific Officer | 3,095 |
| Yann Mazabraud | EVP, Head of International | 105,750 |
| Jennifer Kayden Lee | EVP, Head of North America | 75,834 |
| Christopher Paul German | Corporate Controller & CAO | 1,888 |
| Pamela J. Cramer | Chief Human Resources Officer | 29,376 |
| Lynn A. Tetrault | Director | 11,712 |
| Stuart A. Arbuckle | Director | 11,712 |
| David W. J. McGirr | Director | 11,712 |
| Christophe Jean | Director | 11,712 |
| Jennifer L. Good | Director | 11,712 |
| Kimberly J. Popovits | Director | – |
| Edward T. Mathers | Director | 21,168 |
| Camille L. Bedrosian | Director | 7,000 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $17.54M | $54.16M | $5.59M | $360 | $94 |
| FY2024 | $14.66M | $18.68M | $4.60M | $188 | $93 |
| FY2023 | $7.23M | $19.01M | $1.97M | $155 | $94 |
| FY2022 | $3.33M | $24.14M | $1.11M | $98 | $90 |
| FY2021 | $6.46M | -$10.02M | $2.07M | $34 | $100 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| David P. Meeker Chief Executive Officer | $807.69K | $8.27M | $7.69M | $759.49K | $14.00K | $17.54M | +20% |
| Hunter C. Smith Chief Financial Officer | $540.48K | $2.93M | $2.40M | $338.00K | $14.00K | $6.23M | +23% |
| Jennifer Lee Executive Vice President, Head of North America | $531.64K | $2.65M | $2.11M | $293.00K | $14.00K | $5.60M | +30% |
| Yann Mazabraud Executive Vice President, Head of International | $557.23K | $2.84M | $2.31M | $344.66K | $70.26K | $6.12M | +20% |
| Alastair Garfield Chief Scientific Officer | $505.39K | $2.08M | $1.54M | $287.00K | $14.00K | $4.43M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Oct 5, 2017
- Offer price
- $17.00
- Securities offered
- 7,050,000
- Gross proceeds
- $119.85M
- Exchange
- Nasdaq
- First trading day
- Oct 5, 2017
- First-day close
- $30.00+76.5%
- Lock-up ends (est.)
- Apr 3, 2018
“The initial public offering price is $17.00 per share of common stock.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of February 1, 2026, we had 414 employees – including 126 employees in 11 countries outside of North America, and we believe our employees are committed to learning from and collaborating with each other, each contributing to our mission.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 5, 2017 | IPO | Initial public offering priced (424B4 prospectus) |
| Sep 29, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |
| Aug 12, 2015 | Name change | Name changed from RHYTHM METABOLIC, INC. to Rhythm Pharmaceuticals, Inc. |
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