Cytokinetics (CYTK) EVP exercises options and sells 15,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cytokinetics EVP and Chief Commercial Officer Andrew Callos reported an exercise-and-sell transaction in company stock. On April 30, 2026, he exercised options to acquire 15,000 shares of common stock at $23.26 per share and sold 15,000 shares in an open-market transaction at an average price of $63.26 per share.
After these transactions, Callos directly holds 58,555 shares of Cytokinetics common stock and 54,000 non-qualified stock options. The remaining options vest over four years from the grant date, with one quarter vesting after one year and the rest vesting monthly over the following 36 months, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($948,900)
Net Sell
3 txns
Insider
Callos Andrew
Role
EVP, Chief Commercial Officer
Sold
15,000 shs ($949K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 15,000 | $0.00 | -- |
| Exercise | Common Stock | 15,000 | $23.26 | $349K |
| Sale | Common Stock | 15,000 | $63.26 | $949K |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 54,000 shares (Direct, null);
Common Stock — 73,555 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 15,000 shares
Sale price: $63.26 per share
Options exercise price: $23.26 per share
+3 more
6 metrics
Shares sold
15,000 shares
Open-market sale of common stock on April 30, 2026
Sale price
$63.26 per share
Average price for 15,000 shares sold
Options exercise price
$23.26 per share
Exercise price for 15,000 options into common stock
Shares after transaction
58,555 shares
Direct common stock holdings after April 30, 2026 transactions
Remaining options
54,000 options
Non-qualified stock options remaining after 15,000 exercised
Option expiration
March 31, 2031
Expiration date for exercised option grant
Key Terms
Non-Qualified Stock Option (Right to Buy), derivative exercise/conversion, open-market sale, stock options will vest over 4 years
4 terms
Non-Qualified Stock Option (Right to Buy) financial
"security_title: "Non-Qualified Stock Option (Right to Buy)""
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
open-market sale financial
"transaction_action: "open-market sale""
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.
stock options will vest over 4 years financial
"footnote: "Stock options will vest over 4 years from the date of the grant""
FAQ
What insider transaction did Cytokinetics (CYTK) EVP Andrew Callos report?
Andrew Callos reported an exercise-and-sell transaction. He exercised options for 15,000 Cytokinetics shares at $23.26 each, then sold 15,000 shares at an average price of $63.26, reflecting a routine monetization of part of his equity compensation.
At what price did Andrew Callos exercise his Cytokinetics (CYTK) stock options?
He exercised stock options to acquire 15,000 Cytokinetics shares at $23.26 per share. This option exercise converted part of his non-qualified stock options into common stock before the same number of shares was sold in the open market.
How many Cytokinetics (CYTK) stock options does Andrew Callos still have?
After exercising 15,000 options, Andrew Callos retains 54,000 non-qualified stock options. These options continue to vest over a four-year schedule, with an initial one-year cliff and subsequent monthly vesting, subject to his continued employment with Cytokinetics.
What is the vesting schedule for Andrew Callos’s Cytokinetics (CYTK) stock options?
His stock options vest over four years from the grant date. One quarter of the underlying shares vests on the first anniversary, and the remaining three quarters vest monthly over the next 36 months, assuming he remains employed by Cytokinetics throughout the period.