Cytokinetics (CYTK) CFO trims stake with 23,906-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CYTOKINETICS INC executive Sung Lee, EVP and Chief Financial Officer, sold shares in an open-market transaction. On May 5, 2026, Lee sold 23,906 shares of Cytokinetics common stock at an average price of $76.87 per share. After this sale, Lee directly owned 63,221 common shares of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 23,906 shares ($1,837,654)
Net Sell
1 txn
Insider
Lee Sung
Role
EVP, Chief Financial Officer
Sold
23,906 shs ($1.84M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 23,906 | $76.87 | $1.84M |
Holdings After Transaction:
Common Stock — 63,221 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 23,906 shares
Sale price per share: $76.87 per share
Shares owned after sale: 63,221 shares
+1 more
4 metrics
Shares sold
23,906 shares
Open-market sale of common stock on May 5, 2026
Sale price per share
$76.87 per share
Average price for the May 5, 2026 sale
Shares owned after sale
63,221 shares
Direct holdings following the reported transaction
Transaction code
S
Indicates open-market or private sale of non-derivative stock
Key Terms
open-market sale, non-derivative, transaction code S, direct ownership
4 terms
open-market sale financial
"transaction_action: "open-market sale" for the common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type is listed as "non-derivative" for the common stock"
transaction code S financial
"transaction_code: "S" described as sale in open market or private transaction"
direct ownership financial
"direct_or_indirect set to "D" and ownership_type labeled as "direct""
FAQ
What insider transaction did CYTOKINETICS (CYTK) report for Sung Lee?
CYTOKINETICS reported that EVP and Chief Financial Officer Sung Lee executed an open-market sale of company stock. On May 5, 2026, Lee sold 23,906 shares of Cytokinetics common stock at an average price of $76.87 per share.
Was the CYTOKINETICS (CYTK) insider trade by Sung Lee a buy or a sell?
The Form 4 filing shows that Sung Lee’s transaction was a sale. It is classified as an open-market sale of non-derivative common stock, identified with transaction code S and a transaction direction labeled as sell in the filing data.
What type of security did Sung Lee trade in the CYTOKINETICS (CYTK) Form 4?
The Form 4 indicates that Sung Lee traded Common Stock of CYTOKINETICS. The transaction was categorized as non-derivative, meaning it involved actual shares of common stock rather than options or other derivative securities, and it was executed as an open-market sale.