Cytek Biosciences (CTKB) CTO exercises RSUs and surrenders shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cytek Biosciences, Inc. director and Chief Technology Officer Yan Ming reported equity compensation activity involving restricted stock units (RSUs) and common stock. On February 18, 2026, 1,332 RSUs were converted into 1,332 shares of common stock at a stated price of $0.0000 per share.
On the same date, 395 shares of common stock at $4.20 per share were withheld and surrendered to Cytek to cover tax obligations arising from the RSU vesting, described as a tax-withholding disposition rather than an open-market sale. Following these transactions, Yan Ming directly held 6,074,264 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,332 shares exercised/converted
Mixed
3 txns
Insider
Yan Ming
Role
CHIEF TECHNOLOGY OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,332 | $0.00 | -- |
| Exercise | Common Stock | 1,332 | $0.00 | -- |
| Tax Withholding | Common Stock | 395 | $4.20 | $2K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 6,074,659 shares (Direct)
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 February 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 quarterly over four years, with 4/48th of the total shares underlying the RSU Award vesting on May 18, 2022 and 3/48th of the total shares underlying the RSU Award vesting each subsequent quarter thereafter on August 18, November 18, February 18 and May 18.
FAQ
What insider transaction did Yan Ming report at Cytek Biosciences (CTKB)?
Yan Ming reported RSU vesting and related share movements at Cytek Biosciences. 1,332 restricted stock units converted into 1,332 common shares, and 395 shares were withheld and surrendered to the company to satisfy tax withholding obligations connected to the RSU vesting event.
Did Yan Ming buy or sell Cytek Biosciences (CTKB) stock on the open market?
The Form 4 shows no open-market purchase or sale by Yan Ming. Shares were acquired through RSU conversion and 395 shares were disposed of solely to satisfy tax withholding obligations, with the shares withheld and surrendered directly to Cytek Biosciences rather than sold in the market.
What do the restricted stock units (RSUs) in Yan Ming’s Cytek Biosciences filing represent?
Each RSU represents a contingent right to receive one share of Cytek Biosciences common stock. According to the filing, the RSU award vests quarterly over four years on specified dates, with portions of the total underlying shares vesting at each quarterly vesting date.
How is Yan Ming’s RSU award at Cytek Biosciences (CTKB) scheduled to vest?
The RSU award vests quarterly over four years. 4/48ths of the total underlying shares vested on May 18, 2022, and 3/48ths of the total underlying shares vest on each subsequent quarter: August 18, November 18, February 18, and May 18 during the vesting period.