Cytokinetics CEO exercises options, sells 7,500 shares
The CEO's reported trades were under a Rule 10b5-1 plan, and 149,245 non-qualified stock options remained after the exercise.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Cytokinetics, Inc. President & CEO Robert I. Blum exercised 7,500 non-qualified stock options on September 28, 2026, at $10.60 per share, acquiring 7,500 common shares and selling those shares at $65.46 per share the same day. The transactions were reported under a Rule 10b5-1 plan. After the exercise, Blum held 149,245 non-qualified stock options. Separately, the reported holdings include 2,083 shares each held by The Bridget Blum 2003 Irrevocable Trust and The Brittany Blum 2003 Irrevocable Trust; Blum disclaims beneficial ownership of those trust shares.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 7,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,500 | $10.60 | $80K |
| Sale | Common Stock | 7,500 | $65.46 | $491K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Shares held by The Bridget Blum 2003 Irrevocable Trust, of which reporting person is a co-trustee. Reporting person disclaims any beneficial ownership interest in the Shares.
- F2. Shares held by The Brittany Blum 2003 Irrevocable Trust, of which reporting person is a co-trustee. Reporting person disclaims any beneficial ownership interest in the Shares.
Key Figures
Key Terms
Non-Qualified Stock Option (Right to Buy) financial
Beneficial Ownership financial
co-trustee regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many CYTK stock options did the CEO exercise?
AI-generated analysis. How Rhea-AI works. Not financial advice.