Cytokinetics (CYTK) Form 4: Robert Blum reports 5,000-share sale
Rhea-AI Filing Summary
Insider transaction summary for CYTK: The Form 4 shows Robert I. Blum, President & CEO and a director of Cytokinetics Inc. (CYTK), reported a sale of 5,000 shares of the issuer's common stock on 08/15/2025 at a price of $38.42 per share. After the reported sale, Mr. Blum is recorded as directly owning 383,108 shares. The filing also discloses 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.
The Form 4 was filed by one reporting person and indicates the transaction may have been made pursuant to a written plan under Rule 10b5-1. The filing is signed by an attorney-in-fact for Mr. Blum on 08/15/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: CEO/director sold a small block of shares; ownership remains substantial and the disclosure follows standard Section 16 reporting.
The 5,000-share disposition at $38.42 reduces the reporting person’s direct stake to 383,108 shares while two irrevocable trusts hold 2,083 shares each. The sale size relative to the reported direct holding appears limited. The filing notes a 10b5-1 plan checkbox, suggesting the transaction may have been pre-planned; however, the form does not provide plan details. This is a routine insider sale disclosure under Section 16.
TL;DR: Disclosure is complete for the reported transaction; governance processes appear observed based on the form's content.
The Form 4 lists the reporting person’s roles (President & CEO and director) and provides direct and indirect ownership breakdowns plus an attorney-in-fact signature. The 10b5-1 indication is checked, which, if accurate, typically limits concerns about opportunistic trading, but the filing itself does not include the plan’s terms. No additional governance actions or departures are disclosed.