Cytokinetics (CYTK) insider Robert Blum reports 5,000-share sale
Rhea-AI Filing Summary
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 09/02/2025 at a reported price of $48.76 per share. After the transaction, Mr. Blum is shown as beneficially owning 378,108 shares directly and additionally reports indirect beneficial ownership of 2,083 shares held by each of two irrevocable trusts (The Bridget Blum 2003 Irrevocable Trust and The Brittany Blum 2003 Irrevocable Trust). The Form 4 was signed by an attorney-in-fact for Mr. Blum.
Positive
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Negative
- None.
Insights
TL;DR: Insider sale of 5,000 shares is routine given total holdings; transaction appears immaterial to overall ownership.
The reported sale reduces Mr. Blum's direct holdings by 5,000 shares from his prior direct position, leaving 378,108 shares directly owned. The sale price of $48.76 provides a concrete execution price for this small disposition. Indirect holdings via two 2003 irrevocable trusts are each 2,083 shares, noted separately. There are no derivative transactions or option exercises disclosed on this Form 4. Based solely on disclosed amounts, the sale represents a small fraction of total direct beneficial ownership and is unlikely to be material to shareholder control or valuation.
TL;DR: Disclosure is clear and complete for a single non-derivative sale; signatures and trust holdings are properly reported.
The filing indicates compliance with Section 16 reporting: the reporting person is identified with title (President & CEO) and relationship checkboxes marked. The transaction code reported is a sale (Code S) with transaction date and price provided. Indirect ownership via named irrevocable trusts is explicitly explained. The Form 4 bears an attorney-in-fact signature, which is acceptable where authorized. No amendments or derivative positions are reported.