Cytokinetics (CYTK) director granted new shares and long-dated stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CYTOKINETICS INC director James M. Daly received new equity awards in the form of shares and stock options. He was granted 2,851 shares of Common Stock at no cost, increasing his direct holdings to 3,239 shares. He also received a non-qualified stock option covering 4,301 shares of Common Stock at an exercise price of $77.15 per share. This option becomes exercisable starting on June 27, 2026 and expires on May 26, 2036, reflecting routine equity-based director compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Daly James M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 4,301 | $0.00 | -- |
| Grant/Award | Common Stock | 2,851 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 4,301 shares (Direct, null);
Common Stock — 3,239 shares (Direct, null)
Footnotes (1)
Key Figures
Common shares granted: 2,851 shares
Shares held after grant: 3,239 shares
Option grant size: 4,301 shares
+3 more
6 metrics
Common shares granted
2,851 shares
Award of Common Stock to director on May 27, 2026
Shares held after grant
3,239 shares
Director’s direct Common Stock holdings post-transaction
Option grant size
4,301 shares
Non-qualified stock option covering Common Stock
Option exercise price
$77.15/share
Conversion or exercise price for stock option
Option vesting start
June 27, 2026
Date option first becomes exercisable
Option expiration
May 26, 2036
Expiration date of non-qualified stock option
Key Terms
Non-Qualified Stock Option (Right to Buy), conversion or exercise price, grant/award acquisition, derivative
4 terms
Non-Qualified Stock Option (Right to Buy) financial
"security_title: "Non-Qualified Stock Option (Right to Buy)""
conversion or exercise price financial
"conversion_or_exercise_price: "77.1500""
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
derivative financial
"transaction_type: "derivative" for the stock option entry"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What insider transaction did CYTK director James M. Daly report?
James M. Daly reported receiving equity awards from Cytokinetics, including new shares and stock options. He was granted 2,851 Common Stock shares and a non-qualified stock option for 4,301 shares, both awarded as compensation rather than bought in the open market.
What are the terms of James M. Daly’s new CYTK stock options?
Daly received a non-qualified stock option for 4,301 Cytokinetics shares at an exercise price of $77.15 per share. The option becomes exercisable on June 27, 2026 and expires on May 26, 2036, providing long-term equity exposure.
Was James M. Daly’s CYTK transaction an open-market purchase or a grant?
The transactions were equity grants, not open-market purchases. Daly received 2,851 Common Stock shares and a 4,301-share stock option as awards, both recorded with code “A” for grant or award, at a reported price of $0.00 per share.