Cytokinetics CEO sells 7,500 shares at $70.24
CYTOKINETICS INC (CYTK) reported that President & CEO Robert I. Blum exercised options and sold shares in a coordinated transaction under a Rule 10b5-1 trading plan.
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Rhea-AI Filing Summary
CYTOKINETICS INC (CYTK) reported that President & CEO Robert I. Blum exercised options and sold shares in a coordinated transaction under a Rule 10b5-1 trading plan. He exercised 7,500 Non-Qualified Stock Options at an exercise price of $10.60 per share, receiving 7,500 common shares, and on the same date sold 7,500 common shares at $70.24 per share. Following the option exercise, he held 164,245 shares of common stock directly, plus indirect holdings of 2,083 shares in each of two irrevocable trusts.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 7,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,500 | $10.60 | $80K |
| Sale | Common Stock | 7,500 | $70.24 | $527K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (2)
- F1. Shares held by The Bridget Blum 2003 Irrevocable Trust.
- F2. Shares held by The Brittany Blum 2003 Irrevocable Trust.
Key Figures
Key Terms
Non-Qualified Stock Option (Right to Buy) financial
Irrevocable Trust financial
indirect ownership financial
FAQ
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What did CYTK President & CEO Robert Blum report on this Form 4 for CYTK?
What options did Robert Blum exercise in CYTK stock?
What indirect CYTK holdings does Robert Blum report through trusts?
AI-generated analysis. How Rhea-AI works. Not financial advice.