Cytokinetics (CYTK) director paid board retainer in company stock
Rhea-AI Filing Summary
Cytokinetics director Wendell Wierenga reported a routine equity compensation transaction. On January 15, 2026, he acquired 98 shares of Cytokinetics common stock at $63.44 per share. According to the footnote, these fully vested shares were received in lieu of a cash retainer under an equity-in-lieu-of-cash option available to board members. After this grant, he beneficially owns 32,542 common shares directly.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 98 shares
Net Buy
1 txn
Insider
WIERENGA WENDELL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 98 | $63.44 | $6K |
Holdings After Transaction:
Common Stock — 32,542 shares (Direct)
Footnotes (1)
- F1. Fully vested shares of common stock received in lieu of cash retainer pursuant to Equity in Lieu of Cash Retainer Option available to members of our Board of Directors.
FAQ
What insider transaction did Cytokinetics (CYTK) report in this Form 4?
The filing shows director Wendell Wierenga acquired 98 shares of Cytokinetics common stock on January 15, 2026 as reported on Form 4.
Is the Cytokinetics (CYTK) Form 4 transaction a purchase or a sale?
The Form 4 reports an acquisition (Code A) of Cytokinetics common stock, not a sale, reflecting equity compensation for board service.
AI-generated analysis. How Rhea-AI works. Not financial advice.