Cytokinetics (NASDAQ: CYTK) CEO trims stake with 7,500-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cytokinetics President & CEO Robert I. Blum reported an open-market sale of 7,500 shares of Cytokinetics common stock at $84.92 per share on July 1, 2026. After this sale, he directly holds 377,830 shares of common stock.
In addition to his direct holdings, there are indirect positions of 2,083 shares held by The Bridget Blum 2003 Irrevocable Trust and 2,083 shares held by The Brittany Blum 2003 Irrevocable Trust. These trust positions are reported as indirect ownership on the Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,500 shares ($636,900)
Net Sell
3 txns
Insider
Blum Robert I
Role
President & CEO
Sold
7,500 shs ($637K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,500 | $84.92 | $637K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 377,830 shares (Direct, null);
Common Stock — 2,083 shares (Indirect, by Trust 1)
Footnotes (1)
- Shares held by The Bridget Blum 2003 Irrevocable Trust. Shares held by The Brittany Blum 2003 Irrevocable Trust.
Key Figures
Shares sold: 7,500 shares
Sale price: $84.92 per share
Direct holdings after transaction: 377,830 shares
+3 more
6 metrics
Shares sold
7,500 shares
Open-market sale of common stock on July 1, 2026
Sale price
$84.92 per share
Price for 7,500-share open-market sale
Direct holdings after transaction
377,830 shares
Common stock held directly by CEO after sale
Bridget trust holdings
2,083 shares
Shares held by The Bridget Blum 2003 Irrevocable Trust
Brittany trust holdings
2,083 shares
Shares held by The Brittany Blum 2003 Irrevocable Trust
Net share change
-7,500 shares
Net buy/sell shares in transaction summary
Key Terms
open-market sale, indirect ownership, Irrevocable Trust, transaction code S
4 terms
open-market sale financial
"transaction_action: "open-market sale" for 7,500 common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership "by Trust 2""
Irrevocable Trust financial
"Shares held by The Bridget Blum 2003 Irrevocable Trust."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
transaction code S financial
"transaction_code: "S" with description "Sale in open market""
FAQ
What insider transaction did CYTOKINETICS INC (CYTK) report for Robert Blum?
CYTOKINETICS INC reported that President & CEO Robert I. Blum sold 7,500 shares of common stock in an open-market transaction at $84.92 per share on July 1, 2026, as disclosed in a Form 4 insider trading report.
Does the CYTK Form 4 show any option exercises or derivative transactions?
The Form 4 does not report any option exercises or other derivative transactions. Its derivative transaction count is zero, and the only non-derivative transaction listed is the 7,500-share open-market sale of common stock at $84.92 per share.