[Form 4] CYTOKINETICS INC Insider Trading Activity
CYTOKINETICS INC EVP of R&D Fady Malik reported tax-related stock sales.
Sentiment and the balance of points
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Rhea-AI Filing Summary
CYTOKINETICS INC EVP of R&D Fady Malik reported tax-related stock sales. On the reported date, he sold a total of 12,033 shares of common stock in open-market transactions at $62.15 per share.
Footnotes state these were company-compelled sell-to-cover transactions to satisfy tax withholding obligations from RSU vesting, indicating they were driven by taxes rather than discretionary selling. After the transactions, he continued to hold 153,902 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,636 | $62.15 | $475K |
| Sale | Common Stock | 4,397 | $62.15 | $273K |
Footnotes (2)
- F1. Company compelled sell-to-cover transaction to satisfy tax withholding obligations attributable to RSU vesting.
- F2. Company compelled sell-to-cover transaction to satisfy tax withholding obligations attributable to RSU vesting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CYTOKINETICS (CYTK) EVP Fady Malik report in this Form 4?
What is a company-compelled sell-to-cover transaction for CYTOKINETICS (CYTK) insiders?
AI-generated analysis. How Rhea-AI works. Not financial advice.