CYTK director exercises 4,375 at $10 and sells shares
Rhea-AI Filing Summary
Cytokinetics (CYTK) reported a Form 4 for a director. On 10/27/2025, the insider exercised 4,375 stock options at $10 and sold 4,375 common shares at $58.68 the same day. After these transactions, the director directly owned 32,444 shares.
The option exercised was a non-qualified stock option with a $10 exercise price, first exercisable on 02/04/2016 and expiring 01/04/2026; it is now fully exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 4,375 shares ($213K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
WIERENGA WENDELL
Role
Director
Sold
4,375 shs ($257K)
Approx. gross sale proceeds
$257K
Approx. exercise cost
$44K
Approx. pre-tax spread
$213K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 4,375 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,375 | $10.00 | $44K |
| Sale | Common Stock | 4,375 | $58.68 | $257K |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 32,444 shares (Direct)
Footnotes (1)
- F1. This option shall vest and become exercisable as to 4,375 shares divided into equal monthly installments such that the option shall be 100% vested on January 4, 2017.
FAQ
What did CYTK’s director report on Form 4?
On 10/27/2025, the director exercised 4,375 options at $10 and sold 4,375 common shares at $58.68.
When did the option become exercisable and when does it expire?
It became exercisable on 02/04/2016 and expires on 01/04/2026.
What is the insider’s relationship to Cytokinetics (CYTK)?
The reporting person is a Director of Cytokinetics.
AI-generated analysis. How Rhea-AI works. Not financial advice.