CYTK Form 4: CEO Robert Blum Sells 5,000 Shares at $55.05
Robert I. Blum, President & CEO and Director of Cytokinetics, reported a sale of common stock on 10/01/2025.
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Rhea-AI Filing Summary
Robert I. Blum, President & CEO and Director of Cytokinetics, reported a sale of common stock on 10/01/2025. The Form 4 shows 5,000 shares were disposed of at a price of $55.05. After the reported sale, the filing lists 368,108 shares held directly and 2,083 shares held indirectly by The Bridget Blum 2003 Irrevocable Trust and 2,083 shares held indirectly by The Brittany Blum 2003 Irrevocable Trust. The form was signed by an attorney-in-fact on behalf of Mr. Blum.
Insights
TL;DR: Insider sale of 5,000 shares is a routine disposition that modestly reduces direct holdings but does not materially change ownership stake.
The Form 4 documents a single non-derivative sale of 5,000 Cytokinetics (CYTK) shares at $55.05 on 10/01/2025 by Robert I. Blum, who serves as President & CEO and a director. The filing reports 368,108 shares held directly and two trusts each holding 2,083 shares indirectly. This is a straightforward Section 16 disclosure of a trade; the absolute size (5,000 shares) is small relative to the reported direct holding. No derivative transactions, option exercises, or new grants are reported. From an analyst perspective, this is a routine liquidity event by an insider without additional context in the filing to indicate a change in control or strategy.
TL;DR: The disclosure complies with Section 16 reporting requirements and shows an attorney-in-fact signature; no governance red flags appear in this filing.
The Form 4 identifies Mr. Blums roles as both an officer and director and records a sale of 5,000 shares at $55.05. The filing includes clear beneficial ownership breakdowns: direct ownership of 368,108 shares and indirect holdings via two named irrevocable trusts of 2,083 shares each. The form is executed by an attorney-in-fact, which is an acceptable practice when properly authorized. There are no indications of unexplained transfers, accelerations, or related-party transactions in this submission.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $55.05 | $275K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Shares held by The Bridget Blum 2003 Irrevocable Trust.
- F2. Shares held by The Brittany Blum 2003 Irrevocable Trust.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did Robert I. Blum report on the Form 4 for CYTK?
What indirect holdings are disclosed for Mr. Blum on this Form 4?
Who signed the Form 4 on behalf of the reporting person?
Does the Form 4 report any derivative transactions or option activity for Mr. Blum?
AI-generated analysis. How Rhea-AI works. Not financial advice.