Cytokinetics EVP exercises options and sells 2,000 shares on 10/07/2025
Rhea-AI Filing Summary
Insider exercise and sale by Cytokinetics EVP R&D. On 10/07/2025 Dr. Malik Fady Ibraham exercised a non‑qualified stock option to acquire $0.00 priced shares (2,000 shares) at an exercise price of $10.60 and simultaneously sold 2,000 shares at $60.56. Following these transactions his reported beneficial ownership is 140,610 shares.
Positive
- Option exercise executed: 2,000 shares acquired at $10.60
- Immediate liquidity realized: 2,000 shares sold at $60.56
- Beneficial ownership maintained: reported holding of 140,610 shares after transactions
Negative
- None.
Insights
TL;DR: EVP exercised options and sold identical share amount the same day, leaving reported ownership at 140,610 shares.
The filing shows a non‑qualified stock option with an exercise price of $10.60 was exercised for 2,000 shares on 10/07/2025. The same day an equal number of shares (2,000) were sold at $60.56, and reported beneficial ownership after the transactions is 140,610 shares.
This pattern is a common mechanic for option exercise with immediate sale to cover exercise taxes or monetize gains. Watch ongoing Form 4s for changes to the 10/07/2025 pattern or additional sales within the next few reporting cycles.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 2,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,000 | $10.60 | $21K |
| Sale | Common Stock | 2,000 | $60.56 | $121K |
FAQ
What did CYTK insider Dr. Malik Ibraham do on 10/07/2025?
What type of option was exercised by the reporting person?
Is the filing a single‑person Form 4 or a group filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.