Cytokinetics director sells 5,000 shares at $71.48
Rhea-AI Filing Summary
CYTOKINETICS INC (CYTK) director Lynne B. Parshall reported selling 5,000 shares of common stock on 2026-09-01 in an open market or private transaction at $71.48 per share. After this sale, Parshall holds 10,784 shares of CYTK common stock directly. The filing affirms the transaction was made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
PARSHALL B LYNNE
Role
Director
Sold
5,000 shs ($357K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $71.48 | $357K |
Holdings After Transaction:
Common Stock — 10,784 shares (Direct)
Key Figures
Shares sold: 5,000 shares
Sale price per share: $71.48 per share
Shares owned after transaction: 10,784 shares
+1 more
4 metrics
Shares sold
5,000 shares
Common Stock sale reported on 2026-09-01
Sale price per share
$71.48 per share
Price for the 5,000-share sale on 2026-09-01
Shares owned after transaction
10,784 shares
Direct holdings of Lynne B. Parshall following the sale
Net buy/sell shares
5,000 shares sold
Net insider activity in this Form 4
Key Terms
Rule 10b5-1 trading plan, Form 4, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"the filing affirms the transaction was made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"as disclosed in a Form 4 filing"
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.
open market or private transaction market
"Sale in open market or private transaction"
FAQ
What insider transaction did CYTK director Lynne B. Parshall report?
Lynne B. Parshall reported a sale of 5,000 CYTK shares of common stock on 2026-09-01 in an open market or private transaction at $71.48 per share, as disclosed in a Form 4 filing.
What are Lynne B. Parshall’s CYTK holdings after the reported sale?
After the reported sale, Lynne B. Parshall directly holds 10,784 shares of CYTOKINETICS INC (CYTK) common stock, as shown in the Form 4 filing.
Was the CYTK insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 for CYTOKINETICS INC (CYTK) indicates that the reported transaction was conducted under a Rule 10b5-1 trading plan, as evidenced by the affirmative 10b5-1 checkbox.
What is the overall direction of insider activity in this CYTK Form 4?
The Form 4 for CYTOKINETICS INC (CYTK) shows one sale transaction totaling 5,000 shares sold and no purchases, resulting in a net-sell position for this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.