Cytek (CTKB) CFO nets shares from RSU vesting, surrenders stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cytek Biosciences Chief Financial Officer William D. McCombe reported routine equity compensation activity tied to Restricted Stock Units on May 18, 2026. He exercised RSU awards into 25,719 shares of common stock and had 9,229 shares withheld at $3.55 per share to cover tax obligations. Following these transactions, he directly holds 98,739 shares of common stock. The footnotes explain that each RSU represents a contingent right to one share and outline multi-year vesting schedules, indicating these events stem from scheduled vesting rather than open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
25,719 shares exercised/converted
Mixed
9 txns
Insider
McCombe William D.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,320 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,700 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,699 | $0.00 | -- |
| Exercise | Common Stock | 6,320 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,268 | $3.55 | $8K |
| Exercise | Common Stock | 8,700 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,122 | $3.55 | $11K |
| Exercise | Common Stock | 10,699 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,839 | $3.55 | $14K |
Holdings After Transaction:
Restricted Stock Units — 50,569 shares (Direct, null);
Common Stock — 101,007 shares (Direct, null)
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 12/48 of the total shares underlying the RSU Award vesting on May 18, 2025; 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 3/48 of the total shares underlying the RSU Award vesting on March 10, 2026 and each March 10 thereafter; and 3/48 of the total shares underlying the RSU Award vesting on May 18, 2026 and each May 18 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.
Key Figures
RSU shares exercised: 25,719 shares
Shares withheld for taxes: 9,229 shares
Tax withholding price: $3.55 per share
+2 more
5 metrics
RSU shares exercised
25,719 shares
Total common shares from RSU exercises on May 18, 2026
Shares withheld for taxes
9,229 shares
Tax-withholding dispositions on May 18, 2026
Tax withholding price
$3.55 per share
Value used for tax-withholding share surrenders
Shares held after transactions
98,739 shares
Direct common stock holdings following May 18, 2026 activity
RSU balance (award 1)
246,091 units
Restricted Stock Units remaining after May 18, 2026 for one award
Key Terms
Restricted Stock Unit, RSU Award, tax withholding obligations, vest, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit (the "RSU Award") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSU Award financial
"Each Restricted Stock Unit (the "RSU Award") represents a contingent right to receive one share"
tax withholding obligations financial
"shares withheld by and surrendered to the Issuer ... to satisfy tax withholding obligations"
vest financial
"The shares subject to the RSU Award shall vest over 4 years with 12/48 of the total shares"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock"
FAQ
What insider transactions did Cytek (CTKB) CFO William D. McCombe report?
Cytek CFO William D. McCombe reported RSU-related activity on May 18, 2026. He exercised awards into 25,719 common shares and had 9,229 shares withheld to satisfy tax obligations, with no open-market purchases or sales disclosed.
Were Cytek (CTKB) CFO transactions open-market buys or sales?
The reported transactions were not open-market buys or sales. They reflect RSU exercises (code M) and tax-withholding dispositions (code F), where shares are surrendered to cover tax liabilities triggered by vesting, rather than traded with outside investors.
What RSU activity did the Cytek (CTKB) Form 4 disclose for the CFO?
The Form 4 shows McCombe exercised Restricted Stock Units into 25,719 common shares at a stated conversion price of $0.00. Each RSU represents a contingent right to one share, and the vesting follows multi-year schedules described in the footnotes.