Cytokinetics (CYTK) CEO logs 7,931-share tax-related stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cytokinetics President & CEO Robert I. Blum reported a small share sale primarily to cover tax obligations. On 2026-03-09, he sold 7,931 shares of common stock at $60.72 per share, described as a sell-to-cover transaction for company tax withholding on vested RSUs.
After this transaction, Blum directly holds 391,673 common shares, indicating the sale represents a minor portion of his direct stake. In addition, 2,083 shares are held indirectly by The Bridget Blum 2003 Irrevocable Trust and 2,083 shares by The Brittany Blum 2003 Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,931 shares ($481,570)
Net Sell
3 txns
Insider
Blum Robert I
Role
President & CEO
Sold
7,931 shs ($482K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,931 | $60.72 | $482K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 391,673 shares (Direct);
Common Stock — 2,083 shares (Indirect, by Trust 1)
Footnotes (1)
- Sell to cover transaction to satisfy company tax withholding obligations upon vesting of RSUs. Shares held by The Bridget Blum 2003 Irrevocable Trust. Shares held by The Brittany Blum 2003 Irrevocable Trust.
FAQ
What did Cytokinetics (CYTK) CEO Robert Blum report in this Form 4?
Robert I. Blum reported a small disposition of Cytokinetics common stock. He sold 7,931 shares on March 9, 2026, mainly to cover company tax withholding obligations arising from the vesting of restricted stock units, rather than as a discretionary open-market sale.
What indirect Cytokinetics (CYTK) holdings are reported for Robert Blum?
The Form 4 lists two indirect positions for Robert Blum. It reports 2,083 shares of Cytokinetics common stock held by The Bridget Blum 2003 Irrevocable Trust and another 2,083 shares held by The Brittany Blum 2003 Irrevocable Trust, both identified as indirect ownership interests.
Does this Cytokinetics (CYTK) Form 4 show any option exercises or derivatives?
No option exercises or derivative transactions are reported. The filing shows one non-derivative sale of 7,931 common shares for tax withholding purposes and two holding entries for indirect trust-owned shares, with no derivative positions listed in the derivative summary section.