CYTOKINETICS (CYTK) director awarded shares and new 4,301-share stock option
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CYTOKINETICS INC director Muna Bhanji received new equity compensation. On 2026-05-27, Bhanji was granted 2,851 shares of common stock at no cost, increasing direct holdings to 26,361 shares.
Bhanji was also awarded a non-qualified stock option for 4,301 shares of common stock at an exercise price of $77.15 per share. The option becomes exercisable on 2026-06-28 and expires on 2036-05-26.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bhanji Muna
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 4,301 | $0.00 | -- |
| Grant/Award | Common Stock | 2,851 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 4,301 shares (Direct, null);
Common Stock — 26,361 shares (Direct, null)
Footnotes (1)
Key Figures
Restricted stock grant: 2,851 shares
Shares held after grant: 26,361 shares
Option grant size: 4,301 shares
+3 more
6 metrics
Restricted stock grant
2,851 shares
Common stock awarded on May 27, 2026
Shares held after grant
26,361 shares
Common stock directly owned post-transaction
Option grant size
4,301 shares
Non-qualified stock option linked to common stock
Option exercise price
$77.15 per share
Conversion/exercise price for new option
Option vesting date
June 28, 2026
Date option becomes exercisable
Option expiration
May 26, 2036
Expiration date of non-qualified stock option
Key Terms
Non-Qualified Stock Option, exercise price, Grant, award, or other acquisition, Form 4
4 terms
Non-Qualified Stock Option financial
"Non-Qualified Stock Option (Right to Buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
exercise price financial
"conversion_or_exercise_price": "77.1500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did CYTOKINETICS (CYTK) director Muna Bhanji report?
Director Muna Bhanji reported receiving 2,851 shares of CYTOKINETICS common stock and a non-qualified stock option for 4,301 shares. These awards are compensation grants, not open-market purchases or sales, and increase her direct equity exposure to the company.
What are the key terms of Muna Bhanji’s new CYTOKINETICS stock option?
The new non-qualified stock option covers 4,301 CYTOKINETICS shares at an exercise price of $77.15 per share. It is scheduled to become exercisable on June 28, 2026, and will expire on May 26, 2036 if not exercised before that date.
Is Muna Bhanji’s CYTOKINETICS Form 4 a buy or a grant?
The Form 4 reflects grant and award acquisitions, not open-market buying. Bhanji received 2,851 shares and a 4,301-share non-qualified option as equity compensation awards, both reported with transaction code “A” for grants or other acquisitions from the issuer.