Cytokinetics (CYTK) EVP sells 26K shares and exercises options
Rhea-AI Filing Summary
CYTOKINETICS INC executive Andrew Callos, EVP and Chief Commercial Officer, reported multiple stock option exercises and related share sales. On March 5, 2026, he exercised two non-qualified stock options covering 11,000 and 15,000 shares, converting them into common stock through derivative exercises.
He then completed two open-market sales of common stock totaling 26,000 shares, with 15,000 shares sold at $61.87 per share and 11,000 shares sold at $61.88 per share. After these transactions, he held 50,440 shares of common stock directly. The reported stock options vest over four years, with 25% vesting after one year and the remainder vesting monthly over the following 36 months, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 11,000 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock Option (Right to Buy) | 15,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,000 | $39.13 | $430K |
| Sale | Common Stock | 15,000 | $61.87 | $928K |
| Sale | Common Stock | 11,000 | $61.88 | $681K |
| Exercise | Common Stock | 15,000 | $23.26 | $349K |
Footnotes (1)
- F1. Stock options will vest over 4 years from the date of the grant, with 1/4th of the shares underlying the reporting person's option vesting on the one-year anniversary of the grant date and the remaining shares thereafter vesting monthly at a rate of 1/48th of the shares underlying the reporting person's option over the subsequent 36 months, subject to the reporting person's continued employment with the Issuer.
FAQ
What insider transactions did Andrew Callos report for CYTK?
What type of stock options did Andrew Callos exercise at CYTOKINETICS (CYTK)?
What is the vesting schedule for Andrew Callos’s CYTOKINETICS stock options?
What is Andrew Callos’s role at CYTOKINETICS (CYTK)?
AI-generated analysis. How Rhea-AI works. Not financial advice.