Cytek CTO vests 33,270 shares; 8,088 withheld
Cytek Biosciences, Inc. (CTKB) reported that director and Chief Technology Officer Yan Ming had several Restricted Stock Unit ("RSU Award") tranches vest on August 18, 2026, each RSU converting into one share of common stock.
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Rhea-AI Filing Summary
Cytek Biosciences, Inc. (CTKB) reported that director and Chief Technology Officer Yan Ming had several Restricted Stock Unit ("RSU Award") tranches vest on August 18, 2026, each RSU converting into one share of common stock. In total, 33,270 shares of common stock were acquired through exercises or conversions of RSUs. To cover related tax obligations, 8,088 shares of common stock were withheld and surrendered to Cytek at $4.67 per share. The RSU Awards vest over four-year schedules, with specified fractions of the total shares vesting on May 18, August 18, November 18, and March 10 of each year for the different grants.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 7,363 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 5,525 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 6,162 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F6 | 14,220 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 7,363 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,778 | $4.67 | $8K |
| Exercise | Common Stock F1 | 5,525 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,346 | $4.67 | $6K |
| Exercise | Common Stock F1 | 6,162 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,501 | $4.67 | $7K |
| Exercise | Common Stock F1 | 14,220 | -- | -- |
| Tax Withholding | Common Stock F2 | 3,463 | $4.67 | $16K |
Footnotes (6)
- F1. Each Restricted Stock Unit (the "RSU Award") represents a contingent right to receive one share of the Issuer's common stock.
- F2. Represents the number of shares withheld by and surrendered to the Issuer on August 18, 2026 to satisfy tax withholding obligations that arose in connection with the vesting of the RSU Award.
- F3. The shares underlying 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.
- F4. The shares underlying 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.
- F5. The shares underlying 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.
- F6. The shares underlying 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
derivative security financial
Payment of tax liability by delivering or withholding securities financial
FAQ
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What transactions did Yan Ming report in this Form 4 for CTKB?
What is the vesting schedule of Yan Ming’s RSU Awards at Cytek Biosciences (CTKB)?
What roles does Yan Ming hold at Cytek Biosciences (CTKB)?
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