Cytek Biosciences (CTKB) CEO reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
Cytek Biosciences, Inc. President and CEO Wenbin Jiang reported routine equity compensation activity involving restricted stock units that vested into common stock. On May 18, 2026, he exercised RSU awards to acquire 80,062 shares of common stock and had 25,542 shares withheld to cover tax obligations at $3.55 per share.
Following these transactions, Jiang directly held about 5.43 million shares of Cytek common stock and continued to hold 39,275 restricted stock units that will vest over time under multi-year schedules described in the RSU footnotes. No open-market purchases or sales were reported.
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Insights
CEO’s Form 4 shows RSU vesting with tax withholding, not market selling.
Cytek Biosciences’ CEO Wenbin Jiang reported RSU vesting and related transactions on May 18, 2026. He exercised restricted stock units into 80,062 common shares. To satisfy tax obligations, 25,542 shares were withheld at a reference price of $3.55 per share.
These are coded as M (derivative exercise) and F (tax-withholding disposition), which are compensation mechanics rather than open-market buys or sells. After the activity, Jiang directly held about 5,430,537 common shares and 39,275 remaining RSUs, indicating a substantial continuing stake.
The RSU footnotes detail four-year vesting patterns with specific tranches each May 18, August 18, November 18, and March 10. Future vesting events will depend on continued service and will be reflected in subsequent filings if additional RSUs convert into shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,854 | $0.00 | -- |
| Exercise | Restricted Stock Units | 14,733 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,334 | $0.00 | -- |
| Exercise | Restricted Stock Units | 38,141 | $0.00 | -- |
| Exercise | Common Stock | 7,854 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,913 | $3.55 | $7K |
| Exercise | Common Stock | 14,733 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,588 | $3.55 | $13K |
| Exercise | Common Stock | 19,334 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,032 | $3.55 | $18K |
| Exercise | Common Stock | 38,141 | $0.00 | -- |
| Tax Withholding | Common Stock | 15,009 | $3.55 | $53K |
Footnotes (1)
- Each Restricted Stock Unit (the "RSU Award") represents a contingent right to receive one share of the Issuer's common stock. Represents the number of shares withheld by and surrendered to the Issuer on May 18, 2026, to satisfy tax withholding obligations that arose in connection with the vesting of the RSU Award. The shares subject to the RSU Award shall vest over 4 years with 2/48 of the total shares underlying the RSU Award vesting on May 18, 2023 and each May 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2023 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2023 and each November 18 thereafter; and 4/48 of the total shares underlying the RSU Award vesting on March 10, 2024 and each March 10 thereafter, until fully vested. The shares subject to the RSU Award shall vest over 4 years with 2/48 of the total shares underlying the RSU Award vesting on May 18, 2024 and each May 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2024 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2024 and each November 18 thereafter; and 4/48 of the total shares underlying the RSU Award vesting on March 10, 2025 and each March 10 thereafter. The shares subject to the RSU Award shall vest over 4 years with 2/48 of the total shares underlying the RSU Award vesting on May 18, 2025 and each May 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2025 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2025 and each November 18 thereafter; and 4/48 of the total shares underlying the RSU Award vesting on March 10, 2026 and each March 10 thereafter, until fully vested. The shares subject to the RSU Award shall vest over 4 years with 2/48 of the total shares underlying the RSU Award vesting on May 18, 2026 and each May 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2026 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2026 and each November 18 thereafter; and 4/48 of the total shares underlying the RSU Award vesting on March 10, 2027 and each March 10 thereafter, until fully vested.