Cytokinetics Insider Sale — 6,695 Shares Disposed by Director
Rhea-AI Filing Summary
Insider sale disclosed: Dr. Edward M. Kaye, a director of Cytokinetics, Inc. (CYTK), reported a sale of 6,695 shares of the company's common stock on 09/30/2025 at a price of $55.08 per share. After this reported transaction, Dr. Kaye beneficially owned 16,535 shares, held directly. The Form 4 was signed by an attorney-in-fact, John Faurescu. The filing presents a single non-derivative sale and no derivative transactions were reported.
Positive
- Transaction fully disclosed with date, price, and post-transaction holdings reported
- Form 4 includes signature by attorney-in-fact, indicating formal execution of filing
Negative
- Director reduced holdings by 6,695 shares, lowering beneficial ownership to 16,535 shares
- No explanation provided for the sale within the filing (economic or personal reasons not stated)
Insights
TL;DR: Director sold 6,695 shares at $55.08, leaving 16,535 shares held; transaction is a disclosed insider sale.
The filing shows a straightforward open-market or similar sale (code S) of 6,695 common shares by a company director on 09/30/2025 at $55.08 per share. The post-transaction beneficial ownership is 16,535 shares held directly. No derivative instruments were reported. For investors, this is a routine insider disposition disclosed under Section 16; it provides transparency about director-level selling but does not alone indicate company financial performance.
TL;DR: Governance disclosure appears complete for this single transaction; sale is reported by an attorney-in-fact and signed.
The Form 4 includes required elements: reporting person, issuer and ticker, transaction date, transaction code (S), number of shares sold, sale price, and resulting beneficial ownership. The signature block shows filing was executed by an attorney-in-fact. No amendments or additional explanations accompany the entry. This is a routine governance disclosure of an insider sale with no other governance issues disclosed in this form.