EVP at Cytokinetics (NASDAQ: CYTK) sells 886 shares after option exercise
Rhea-AI Filing Summary
Cytokinetics EVP and Chief Commercial Officer Andrew Callos reported an option exercise and related share sale. On March 2, 2026, he exercised an Incentive Stock Option for 886 shares, converting it into 886 shares of common stock at $37.63 per share. The same day, he then sold 886 shares of common stock at $61.62 per share in an open-market transaction. After these transactions, he held 50,440 shares of Cytokinetics common stock directly. The option grant referenced in the filing vests in equal monthly installments over four years from its grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 886 shares ($21K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Callos Andrew
Role
EVP, Chief Commercial Officer
Sold
886 shs ($55K)
Approx. gross sale proceeds
$55K
Approx. exercise cost
$33K
Approx. pre-tax spread
$21K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Incentive Stock Option (Right to Buy) | 886 | $0.00 | $0.00 |
| Exercise | Common Stock | 886 | $37.63 | $33K |
| Sale | Common Stock | 886 | $61.62 | $55K |
Holdings After Transaction:
Incentive Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 50,440 shares (Direct)
Footnotes (1)
- F1. This option shall vest and become exercisable over 4 years, with shares divided into equal monthly installments, such that the option shall be 100% vested four years from the date of grant.
FAQ
What insider transactions did Cytokinetics (CYTK) EVP Andrew Callos report?
Andrew Callos reported exercising an incentive stock option for 886 shares and selling 886 Cytokinetics common shares. The exercise converted options into stock, and the same number of shares was then sold in an open-market transaction on March 2, 2026.
What was the option exercise reported by Cytokinetics (CYTK) EVP Andrew Callos?
He exercised an Incentive Stock Option for 886 shares, converting it into 886 Cytokinetics common shares at an exercise price of $37.63 per share. The option grant vests monthly over four years from the original grant date.
What does transaction code M and S mean in the Cytokinetics (CYTK) Form 4?
Code M indicates the exercise or conversion of a derivative security, here an Incentive Stock Option into common stock. Code S indicates a sale of common stock in the open market or a private transaction, as used for the 886-share sale.
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