Cytek (CTKB) Insider Report: Multiple RSU Vests and Tax-Withholding Details
Rhea-AI Filing Summary
Insider transactions by Cytek Biosciences (CTKB): The company's President and CEO and a director, Jiang Wenbin, reported multiple transactions on 08/18/2025 relating to Restricted Stock Units (RSUs) that vested. Several RSU awards converted into shares: 6,758; 11,781; 22,100; and 29,002 RSUs were reported as vested and credited as common stock. To satisfy tax withholding on the vesting, the issuer withheld and surrendered shares in amounts of 1,646; 2,869; 5,382; and 7,062 at an indicated price of $4.06 per share. After these transactions, the filing shows beneficial ownership tallies following each line, with reported direct ownership figures such as 5,321,479 shares following the largest aggregation. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Reporting person holds both President/CEO and Director roles, indicating alignment of management and board interests as disclosed
- RSU vesting reflects ongoing executive compensation/retention mechanisms with multiple tranches converting to common stock
Negative
- Shares were withheld and surrendered to satisfy tax obligations (1,646; 2,869; 5,382; 7,062 shares) which reduces net share increases to the reporting person
- Filing does not show open-market purchases that would increase insider ownership beyond vesting
Insights
TL;DR: Routine executive equity vesting and share-withholding for taxes; no sale or acquisition for cash beyond withholding.
The filing documents scheduled vesting of multiple RSU awards for the President and CEO who is also a director, converting RSUs into common stock on 08/18/2025. The transactions include share withholding to satisfy tax obligations at $4.06 per share for specified lots. This is a standard compensation-related disclosure rather than a market-driven buy/sell signal. Reported post-transaction beneficial ownership levels are provided, indicating continued significant direct ownership by the reporting person.
TL;DR: Material only as insider compensation reporting; no cash sales or new purchases beyond tax-withholding reported.
The data shows conversion of RSUs into shares in several tranches and corresponding surrender of shares to cover withholding. The withholding was executed at $4.06 per share for the disclosed withheld amounts. There are no open-market purchase or sale transactions reported (no proceeds noted), so immediate market-impact implications are limited. This disclosure informs stakeholders about executive equity dilution and insider ownership levels.