[Form 4] CYTOKINETICS INC Insider Trading Activity
Cytokinetics, Inc. (CYTK) reported an equity award to its Chief Legal & Admin Officer, Mr. Hessekiel. On 11/14/2025, he received an initial new hire grant of 87,297 restricted stock units (RSUs) of common stock at a price of $0 per share, all held as direct ownership after the transaction.
The RSUs convert into common stock on a 1:1 basis as they vest. The vesting schedule is staggered over three years: 40% of the RSUs vest one year from the grant date, another 40% vest two years from the grant date, and the remaining 20% vest three years from the grant date, in each case conditioned on his continued employment with Cytokinetics.
- None.
- None.
FAQ
What did Cytokinetics (CYTK) disclose in this Form 4 filing?
Cytokinetics disclosed that its Chief Legal & Admin Officer, Mr. Hessekiel, received an initial new hire grant of 87,297 restricted stock units (RSUs) of common stock on 11/14/2025.
How many Cytokinetics (CYTK) shares were granted to the officer and at what price?
The officer was granted 87,297 RSUs, each convertible into one share of Cytokinetics common stock, at a grant price of $0 per share.
What is the vesting schedule for the 87,297 Cytokinetics (CYTK) RSUs?
The RSUs vest in three tranches: 40% one year from the grant date, an additional 40% two years from the grant date, and the final 20% three years from the grant date, subject to continued employment.
What role does the reporting person hold at Cytokinetics (CYTK)?
The reporting person serves as Chief Legal & Admin Officer of Cytokinetics and filed this Form 4 as an officer of the company.
How many Cytokinetics (CYTK) shares does the officer beneficially own after this transaction?
Following the reported transaction, the officer beneficially owns 87,297 shares of Cytokinetics common stock through these RSUs, held as direct ownership.
Are the Cytokinetics (CYTK) RSUs subject to any employment conditions?
Yes. Each vesting tranche of the RSUs is conditioned on Mr. Hessekiel’s continued employment with Cytokinetics through the applicable vesting dates.