STOCK TITAN

CYTK (NASDAQ: CYTK) files Form 144 for 24,500-share option exercise sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CYTK submitted a Form 144 notice to sell 24,500 shares of Common Stock via exercise of stock options, dated 07/07/2026, with sale method listed as Cash. The filing also lists five prior 10b5-1 sales of 3,500 shares each in April–June 2026.

Positive

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Insights

Routine Form 144 notice covering option exercise and prior 10b5-1 sales.

The filing documents an exercise of stock options for 24,500 shares to be sold for cash on 07/07/2026. It also records five prior 10b5-1 sale transactions of 3,500 shares each on 04/21/2026, 05/05/2026, 05/19/2026, 06/09/2026, and 06/23/2026.

These entries are procedural disclosures under Section 144; timing, pricing mechanics, and trading plan terms are not detailed in the excerpt. Subsequent filings or broker confirmations may provide sale execution details.

Shares to be sold 24,500 shares Exercise of stock options on 07/07/2026
10b5-1 sale (04/21/2026) 3,500 shares Proceeds $229,921.30
10b5-1 sale (05/05/2026) 3,500 shares Proceeds $270,789.05
10b5-1 sale (05/19/2026) 3,500 shares Proceeds $264,925.85
10b5-1 sale (06/09/2026) 3,500 shares Proceeds $237,930.35
10b5-1 sale (06/23/2026) 3,500 shares Proceeds $278,274.85
10b5-1 regulatory
"10b5-1 Sales for FADY MALIK 350 OYSTER POINT BOULEVARD"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Exercise of Stock Options financial
"Securities To Be Sold ... Exercise of Stock Options ... 24500"
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
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FAQ

What does CYTK's Form 144 disclose?

The Form 144 discloses a proposed sale of 24,500 shares via option exercise dated 07/07/2026 and lists five prior 10b5-1 sales of 3,500 shares each in April–June 2026.

Who conducted the prior 10b5-1 sales listed in the CYTK filing?

The excerpt lists prior 10b5-1 sales attributed to Fady Malik, each of 3,500 shares on specific dates in 2026, with dollar proceeds shown for each transaction in the excerpt.

How many shares are shown for sale on the Form 144 and by what method?

The Form 144 shows 24,500 shares associated with an exercise of stock options scheduled 07/07/2026, with the method listed as Cash in the provided excerpt.

What proceeds are listed for the recent 10b5-1 transactions?

The filing shows proceeds for the five 3,500-share 10b5-1 sales as follows: $229,921.30 (04/21/2026), $270,789.05 (05/05/2026), $264,925.85 (05/19/2026), $237,930.35 (06/09/2026), and $278,274.85 (06/23/2026).

Does the Form 144 specify who will receive proceeds from the 24,500-share sale?

The excerpt labels the sale method as Cash and the transaction as an exercise of stock options, but it does not specify recipient parties or allocation of proceeds within the provided text.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature