Cytokinetics CEO exercises options, sells 7,500 shares
CYTOKINETICS INC President & CEO Robert I. Blum exercised options for 7,500 shares of common stock at an exercise price of $10.60 per share and on the same date sold 7,500 shares at $76.76 per share, under a Rule 10b5-1 trading plan.
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Rhea-AI Filing Summary
CYTOKINETICS INC President & CEO Robert I. Blum exercised options for 7,500 shares of common stock at an exercise price of $10.60 per share and on the same date sold 7,500 shares at $76.76 per share, under a Rule 10b5-1 trading plan. Following the option exercise, he held 171,745 options directly, plus 2,083 shares of common stock in each of two irrevocable trusts reported as indirect ownership.
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 | $76.76 | $576K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (2)
- F1. Shares held by The Bridget Blum 2003 Irrevocable Trust.
- F2. Shares held by The Brittany Blum 2003 Irrevocable Trust.
Key Figures
Key Terms
Non-Qualified Stock Option financial
Irrevocable Trust financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CYTK CEO Robert Blum report in this Form 4 transaction?
What options did Robert Blum exercise in CYTK on this Form 4 date?
How many CYTK options does Robert Blum hold after this transaction?
Were Robert Blum’s CYTK trades made under a trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.