STOCK TITAN

Option exercise and 10b5-1 sales reported by CYTK (NASDAQ: CYTK)

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

Rhea-AI Filing Summary

CYTK filing reports an exercise of stock options for 9,503 shares on 06/29/2026 settled for cash. The filing also lists recent Rule 10b5-1 sales by Sung Lee: 6,695 shares on 06/26/2026 for $562,380, 38,730 shares on 06/24/2026 for $3,187,328.11, and 23,906 shares on 05/05/2026 for $1,837,766.45. The Form 144 records the planned resale after option exercise and lists prior sales under a 10b5-1 plan.

Positive

  • None.

Negative

  • None.

Insights

Notice records option exercise plus recent 10b5-1 dispositions by an insider.

The filing shows an exercise of 9,503 shares settled in cash on 06/29/2026, and three prior Rule 10b5-1 sales by Sung Lee totaling 69,331 shares across 05/05/2026, 06/24/2026, and 06/26/2026. These entries reflect routine insider liquidity events and a scheduled trading plan rather than an unsolicited open-market decision.

Cash-flow treatment and remaining post-transaction holdings are not provided in the excerpt; subsequent filings would show final position counts. The activity is documented as sales under a 10b5-1 plan and an issuer-settled option exercise.

Option exercise 9,503 shares exercise of stock options on 06/29/2026
10b5-1 sale 6,695 shares sale on 06/26/2026 for $562,380
10b5-1 sale 38,730 shares sale on 06/24/2026 for $3,187,328.11
10b5-1 sale 23,906 shares sale on 05/05/2026 for $1,837,766.45
Total recent shares sold 69,331 shares aggregate of the three 10b5-1 sales listed
Form 144 regulatory
"144: Filer Information | 144: Issuer 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.
10b5-1 Sales regulatory
"10b5-1 Sales for SUNG LEE 350 OYSTER POINT BOULEVARD"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Exercise of Stock Options financial
"Common | 06/29/2026 | Exercise of Stock Options"
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Learn about SEC filing dates

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

FAQ

What does CYTK's Form 144 disclose about recent insider activity?

The Form 144 discloses a cash-settled option exercise of 9,503 shares on 06/29/2026 and prior 10b5-1 sales totaling 69,331 shares across May and June 2026.

Who executed the Rule 10b5-1 sales reported in the CYTK filing?

The reported Rule 10b5-1 sales were executed by Sung Lee, with specific trades of 23,906, 38,730, and 6,695 shares on the disclosed dates in 2026.

How much cash was raised in the 10b5-1 sales shown in the CYTK excerpt?

The excerpt lists proceeds of $1,837,766.45, $3,187,328.11, and $562,380 for the three reported 10b5-1 transactions in 2026.

Does the Form 144 show how the exercised options were settled for CYTK?

Yes; the filing indicates the 9,503-share option exercise on 06/29/2026 was settled for cash with the issuer listed as the counterparty.