Director Parshall trims Cytokinetics (CYTK) stake with 5,000-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CYTOKINETICS INC director Lynne Parshall sold shares in the company. On June 1, 2026, she executed an open-market sale of 5,000 shares of Common Stock at $74.08 per share. After this transaction, she directly holds 15,784 shares of Cytokinetics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($370,400)
Net Sell
1 txn
Insider
PARSHALL B LYNNE
Role
null
Sold
5,000 shs ($370K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $74.08 | $370K |
Holdings After Transaction:
Common Stock — 15,784 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,000 shares
Sale price per share: $74.08 per share
Shares owned after transaction: 15,784 shares
3 metrics
Shares sold
5,000 shares
Open-market sale of Cytokinetics Common Stock on June 1, 2026
Sale price per share
$74.08 per share
Price for the 5,000 Cytokinetics shares sold
Shares owned after transaction
15,784 shares
Director Lynne Parshall’s direct holdings following the sale
Key Terms
open-market sale, Common Stock, Form 4
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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 transaction did Cytokinetics (CYTK) disclose for Lynne Parshall?
Cytokinetics disclosed that director Lynne Parshall sold 5,000 shares of Common Stock in an open-market transaction on June 1, 2026 at a price of $74.08 per share.
Was the Cytokinetics (CYTK) insider trade by Lynne Parshall a buy or a sell?
The Form 4 shows a sell transaction by director Lynne Parshall. It is coded “S” and described as an open-market sale of 5,000 shares at $74.08 per share.
Is Lynne Parshall’s Cytokinetics (CYTK) transaction classified as direct or indirect ownership?
The reported holdings for Lynne Parshall after the sale are classified as direct ownership. The Form 4 lists the ownership code as “D,” indicating shares held directly rather than through an intermediary entity.