Cytek Biosciences (CTKB) director converts 6,107 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cytek Biosciences director Richard Chin exercised restricted stock units into common shares. On this date, 6,107 Restricted Stock Units converted into 6,107 shares of common stock at no exercise price. After the transaction, he directly holds 16,285 shares of common stock and 57,004 Restricted Stock Units.
The footnotes explain that each RSU represents a contingent right to one share of common stock and describe a multi‑date vesting schedule, with portions of the award vesting on specified dates in August, November, March, and May until fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,107 shares exercised/converted
Mixed
2 txns
Insider
Chin Richard
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,107 | $0.00 | -- |
| Exercise | Common Stock | 6,107 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 57,004 shares (Direct);
Common Stock — 16,285 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. 2/36 of the total shares subject to the RSU Award shall vest on August 18, 2025; 3/36 of the total shares subject to the RSU Award shall vest on November 18, 2025 and each November 18 thereafter; 3/36 of the total shares underlying the RSU Award shall vest on March 10, 2026 and each March 10 thereafter; 3/36 of the total shares underlying the RSU Award vesting shall vest on May 18, 2026 and each May 18 thereafter; and 3/36 of the total shares underlying the RSU Award shall vest on August 18, 2026 and each August 18 thereafter, until fully vested.
FAQ
What insider transaction did Cytek Biosciences (CTKB) director Richard Chin report?
Richard Chin reported exercising 6,107 Restricted Stock Units into 6,107 shares of common stock at no exercise price. This is a derivative exercise, not an open-market purchase or sale, and reflects equity compensation converting into direct share ownership.
Was Richard Chin’s Cytek Biosciences (CTKB) Form 4 a buy or a sell?
The Form 4 shows an acquisition through derivative exercise, not a market buy or sell. Restricted Stock Units converted into common stock at a zero exercise price, so no open-market transaction or cash purchase or sale is reported here.
What type of security did Richard Chin exercise into Cytek Biosciences (CTKB) common stock?
He exercised Restricted Stock Units, which are equity awards that convert into common shares upon vesting. Each RSU represents a contingent right to receive one share of Cytek Biosciences common stock, according to the footnote description in the filing.
How many Restricted Stock Units does Richard Chin have in Cytek Biosciences (CTKB) after the transaction?
After the transaction, Richard Chin holds 57,004 Restricted Stock Units. These RSUs are scheduled to vest in tranches on specified dates in August, November, March, and May, continuing until the entire RSU award becomes fully vested over time.
Does Richard Chin’s Cytek Biosciences (CTKB) Form 4 indicate any tax withholding or sales?
The summary data show no reported tax withholding or sale transactions associated with this Form 4. The activity consists of a derivative exercise of 6,107 Restricted Stock Units into 6,107 common shares, with no open-market sales or tax-withholding disposals listed.