Cytokinetics CEO sells shares for RSU tax cover
Cytokinetics President & CEO Robert I. Blum reported a small share sale primarily to cover tax obligations.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,931 | $60.72 | $482K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Sell to cover transaction to satisfy company tax withholding obligations upon vesting of RSUs.
- F2. Shares held by The Bridget Blum 2003 Irrevocable Trust.
- F3. Shares held by The Brittany Blum 2003 Irrevocable Trust.
FAQ
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What did Cytokinetics (CYTK) CEO Robert Blum report in this Form 4?
What indirect Cytokinetics (CYTK) holdings are reported for Robert Blum?
Does this Cytokinetics (CYTK) Form 4 show any option exercises or derivatives?
AI-generated analysis. How Rhea-AI works. Not financial advice.