Director at Cytokinetics (CYTK) takes board retainer in stock
Rhea-AI Filing Summary
Cytokinetics director James M. Daly reported receiving company stock as board compensation. On January 15, 2026, he acquired 197 shares of Cytokinetics common stock at $63.44 per share. These fully vested shares were received in lieu of a cash retainer under an equity-in-lieu-of-cash option available to members of the board of directors. Following this transaction, Daly beneficially owned 197 shares of Cytokinetics common stock in direct ownership.
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FAQ
What insider transaction did Cytokinetics (CYTK) report for James M. Daly?
James M. Daly, a director of Cytokinetics, reported acquiring 197 shares of Cytokinetics common stock on January 15, 2026. The transaction was coded as an acquisition of non-derivative securities.
At what price did James M. Daly acquire Cytokinetics (CYTK) shares?
Daly acquired 197 shares of Cytokinetics common stock at a price of $63.44 per share, as disclosed in the Form 4 filing.
Why did James M. Daly receive Cytokinetics (CYTK) shares instead of cash?
According to the footnote, Daly received fully vested shares of common stock in lieu of a cash retainer, under an Equity in Lieu of Cash Retainer Option available to members of Cytokinetics' board of directors.
How many Cytokinetics (CYTK) shares does James M. Daly own after this transaction?
Following the reported transaction, Daly beneficially owned 197 shares of Cytokinetics common stock in direct ownership, as stated in the Form 4.
Is the James M. Daly Form 4 transaction at Cytokinetics (CYTK) a purchase on the open market?
No. The filing states that Daly received fully vested shares as equity compensation in lieu of a cash retainer for board service, rather than buying shares on the open market.
What type of security did James M. Daly receive from Cytokinetics (CYTK)?
Daly received common stock of Cytokinetics, reported in Table I for non-derivative securities, with no derivative securities reported in Table II.