STOCK TITAN

Andrew Callos sells via 10b5-1; CYTK (NASDAQ: CYTK) insider filings

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

Rhea-AI Filing Summary

Andrew Callos reported proposed sales of Common Stock via a Form 144. The notice lists 72,190 shares tied to an exercise of stock options (04/15/2026) and 7,449 shares tied to Restricted Stock Units (03/15/2026). The filing also lists multiple completed 10b5-1 sales in Feb–Mar 2026, including sales of 15,000 shares on 03/05/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 lists planned dispositions and prior 10b5-1 sales by the reporting person.

The filing records proposed sales tied to option exercise (72,190 shares) and RSU settlement (7,449 shares) with multiple executed 10b5-1 trades in Feb–Mar 2026. The sequence suggests scheduled liquidity under prearranged plans rather than ad hoc market timing.

Cash flows and exact settlement mechanics are stated per-line; timing is document‑anchored to the listed dates.

Proposed shares (option exercise) 72,190 shares Exercise of Stock Options dated 04/15/2026
Proposed shares (RSUs) 7,449 shares Restricted Stock Units dated 03/15/2026
Executed sale on 03/05/2026 15,000 shares 10b5-1 sale dated 03/05/2026 for $928,062.00
Executed sale example 8,542 shares Sale on 03/17/2026 for $530,885.30
Executed sale example 3,639 shares Sale on 03/31/2026 for $236,535.00
10b5-1 regulatory
"10b5-1 Sales for ANDREW CALLOS 350 OYSTER POINT"
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.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 7449 | 03/15/2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Exercise of Stock Options financial
"Exercise of Stock Options | Issuer | 72190 | 04/15/2026"

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 did Andrew Callos report on Form 144 for CYTK?

He reported proposed sales of Common Stock, including 72,190 shares from an option exercise and 7,449 shares from RSU settlement, with listed dates in March and April 2026.

Were there prior 10b5-1 sales disclosed in this filing?

Yes. The filing lists multiple 10b5-1 sales in Feb–Mar 2026, including transactions of 15,000 shares on 03/05/2026 and other smaller lots across March 2026.

What is the largest single sale reported in the March entries?

The largest single listed March entry is 15,000 shares sold on 03/05/2026 for $928,062.00, as shown among the disclosed 10b5-1 transactions.

Do the Form 144 entries specify who will receive proceeds?

The entries tie some dispositions to an exercise of stock options and RSU settlement; the filing lists transaction types but does not state a separate recipient other than the reporting person or issuer context.

Are the reported sales part of a 10b5-1 trading plan?

Yes. Several entries are labeled as 10b5-1 Sales, indicating the transactions were executed under a prearranged trading plan as reported in the filing.

Which dates anchor the proposed and completed transactions?

Proposed dispositions listed include 04/15/2026 (option exercise) and 03/15/2026 (RSU-related); executed 10b5-1 sales are dated across Feb–Mar 2026 per the filing.