Cytokinetics (CYTK) CEO Robert Blum sells 7,500 shares, retains large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cytokinetics Inc President & CEO Robert I. Blum reported an open-market sale of common stock. He sold 7,500 shares of Cytokinetics common stock at $65.38 per share on April 15, 2026.
After this transaction, Blum directly owns 415,330 shares of Cytokinetics common stock. He also has indirect holdings of 2,083 shares held by The Bridget Blum 2003 Irrevocable Trust and 2,083 shares held by The Brittany Blum 2003 Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,500 shares ($490,350)
Net Sell
3 txns
Insider
Blum Robert I
Role
President & CEO
Sold
7,500 shs ($490K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,500 | $65.38 | $490K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 415,330 shares (Direct);
Common Stock — 2,083 shares (Indirect, by Trust 1)
Footnotes (1)
- Shares held by The Bridget Blum 2003 Irrevocable Trust. Shares held by The Brittany Blum 2003 Irrevocable Trust.
Key Figures
Shares sold: 7,500 shares
Sale price per share: $65.38 per share
Direct holdings after sale: 415,330 shares
+2 more
5 metrics
Shares sold
7,500 shares
Open-market sale of common stock on April 15, 2026
Sale price per share
$65.38 per share
Price for 7,500 Cytokinetics common shares sold
Direct holdings after sale
415,330 shares
Common stock directly owned by Robert I. Blum after transaction
Indirect holdings – Bridget Blum Trust
2,083 shares
Common stock held by The Bridget Blum 2003 Irrevocable Trust
Indirect holdings – Brittany Blum Trust
2,083 shares
Common stock held by The Brittany Blum 2003 Irrevocable Trust
Key Terms
open-market sale, Irrevocable Trust, indirect ownership
3 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Irrevocable Trust financial
"Shares held by The Bridget Blum 2003 Irrevocable Trust."
indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership": "by Trust 1""
FAQ
What insider transaction did Cytokinetics (CYTK) report for Robert Blum?
Cytokinetics reported that President & CEO Robert I. Blum sold 7,500 shares of common stock. The open-market sale was executed on April 15, 2026, at a price of $65.38 per share, according to the Form 4 filing.
What was the sale price in Robert Blum’s Cytokinetics (CYTK) Form 4?
Robert I. Blum’s Form 4 shows an open-market sale of Cytokinetics common stock at $65.38 per share. The transaction covered 7,500 shares of common stock on April 15, 2026, as disclosed in the filing.
What type of transaction code appears in Robert Blum’s Cytokinetics (CYTK) Form 4?
The Form 4 lists transaction code “S” for Robert I. Blum’s trade, indicating a sale in an open-market or private transaction. The code applies to the 7,500 shares of Cytokinetics common stock sold at $65.38 per share.