Cytokinetics EVP Callos sells 10K shares at $70
Rhea-AI Filing Summary
CYTOKINETICS INC (CYTK) insider Andrew Callos, EVP and Chief Commercial Officer, exercised 10,000 Non-Qualified Stock Options on 2026-08-31 at an exercise price of $23.26 per share, acquiring 10,000 common shares. On the same date, he sold 10,000 common shares at $70.24 per share, leaving 0 options from this grant outstanding. The filing indicates the transactions were made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 10,000 shares ($470K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Callos Andrew
Role
EVP, Chief Commercial Officer
Sold
10,000 shs ($702K)
Approx. gross sale proceeds
$702K
Approx. exercise cost
$233K
Approx. pre-tax spread
$470K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) F1 | 10,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,000 | $23.26 | $233K |
| Sale | Common Stock | 10,000 | $70.24 | $702K |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 58,555 shares (Direct)
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.
Key Figures
Options exercised: 10,000 shares
Exercise price: $23.26 per share
Shares sold: 10,000 shares
+2 more
5 metrics
Options exercised
10,000 shares
Non-Qualified Stock Option (Right to Buy) exercised on 2026-08-31
Exercise price
$23.26 per share
Conversion or exercise price of the stock options
Shares sold
10,000 shares
Common Stock sale on 2026-08-31
Sale price
$70.24 per share
Price for the 10,000 Common Stock shares sold
Options remaining from this grant
0 shares
Total shares following option exercise transaction
Key Terms
Non-Qualified Stock Option (Right to Buy), Exercise or conversion of derivative security, Sale in open market or private transaction
3 terms
Non-Qualified Stock Option (Right to Buy) financial
"security_title: "Non-Qualified Stock Option (Right to Buy)""
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
FAQ
What transactions did CYTK executive Andrew Callos report on this Form 4?
Andrew Callos reported exercising 10,000 stock options at an exercise price of $23.26 per share and selling 10,000 shares of CYTK common stock at $70.24 per share on 2026-08-31.
How many CYTK stock options did Andrew Callos exercise and at what price?
He exercised 10,000 Non-Qualified Stock Options (Right to Buy) at an exercise price of $23.26 per share, converting them into 10,000 shares of CYTOKINETICS INC common stock.
Were Andrew Callos’s CYTK transactions under a Rule 10b5-1 plan?
Yes. The Form 4 indicates the Rule 10b5-1 checkbox is marked, meaning the reported transactions were effected pursuant to a pre-established trading plan under Rule 10b5-1.
What happened to Andrew Callos’s CYTK stock options after these transactions?
After exercising 10,000 Non-Qualified Stock Options tied to this grant, his reported holdings of that specific option position are 0 shares following the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.