CYTK (NASDAQ) insider sale notice: 38,730 shares proposed on 06/24/2026
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
CYTK filed a Form 144 notice covering the proposed sale of 38,730 shares of common stock on 06/24/2026 following an exercise of stock options, with cash proceeds. The filing lists broker/dealer Morgan Stanley Smith Barney LLC and reports prior 10b5-1 sales of 23,906 shares on 05/05/2026 for $1,837,766.45.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies regulators of a planned resale after option exercise.
Form 144 records a proposed resale of 38,730 shares on 06/24/2026 tied to an exercise of stock options. The broker/dealer is Morgan Stanley Smith Barney LLC. The filing also discloses prior 10b5-1 sales on 05/05/2026.
Timing and cash‑flow mechanics are presented as sale proceeds in cash; other transaction details and any restrictions are not listed in the excerpt.
Key Figures
Proposed shares to be sold: 38,730 shares
Prior 10b5-1 shares sold: 23,906 shares
Proceeds from prior sales: $1,837,766.45
+2 more
5 metrics
Proposed shares to be sold
38,730 shares
proposed resale on <date>06/24/2026</date> after option exercise
Prior 10b5-1 shares sold
23,906 shares
sale on <date>05/05/2026</date>
Proceeds from prior sales
$1,837,766.45
proceeds reported for 05/05/2026 10b5-1 sale
Amount listed near issuer line
$3,098,787.30
figure appearing with issuer/broker line in excerpt
Reported share count field
124,432,565
numeric field shown in excerpt (context not explicitly labeled)
Key Terms
Form 144, 10b5-1, Exercise of Stock Options
3 terms
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.
10b5-1 regulatory
"10b5-1 Sales for SUNG LEE ... 05/05/2026"
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"
FAQ
What does the CYTK Form 144 disclose about the planned sale?
The Form 144 discloses a proposed resale of 38,730 common shares on 06/24/2026 following an exercise of stock options. It names Morgan Stanley Smith Barney LLC as the broker/dealer handling the transaction.
Were there prior insider sales reported for CYTK in the excerpt?
Yes. The excerpt reports prior 10b5-1 sales of 23,906 shares on 05/05/2026 that generated $1,837,766.45. Those prior sales are listed separately from the proposed June resale.
Is the planned CYTK sale cash or noncash consideration?
The excerpt states the June transaction follows an exercise of stock options and lists the consideration as Cash. No further use‑of‑proceeds or recipient breakdown is provided in the excerpt.
Which broker/dealer is handling the proposed CYTK resale?
The filing names Morgan Stanley Smith Barney LLC (New York Plaza address) as the broker/dealer associated with the proposed sale of 38,730 shares on 06/24/2026.