FMR LLC increases stake in Cytokinetics (NASDAQ: CYTK) to 9.0%
Rhea-AI Filing Summary
FMR LLC filed Amendment No. 7 to a Schedule 13G/A reporting beneficial ownership of 11,135,192.23 shares of Cytokinetics Inc. common stock, representing 9.0% of the class as of 03/31/2026. The filing lists sole dispositive power for 11,135,192.23 shares and references a Power of Attorney for signature authority.
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Key Figures
Beneficial ownership: 11,135,192.23 shares
Percent of class: 9.0%
Sole voting power: 11,093,544.96 shares
+2 more
5 metrics
Beneficial ownership
11,135,192.23 shares
Amount beneficially owned (Item 4)
Percent of class
9.0%
Percent of common stock outstanding as reported
Sole voting power
11,093,544.96 shares
Sole voting power reported on the cover
Sole dispositive power
11,135,192.23 shares
Sole power to dispose reported on the cover
Report date
03/31/2026
Reporting period/date on the cover
Key Terms
Schedule 13G/A, beneficially owned, sole dispositive power, Power of Attorney
4 terms
Schedule 13G/A regulatory
"Amendment No. 7 to Schedule 13G/A reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"Amount beneficially owned: 11135192.23"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 11135192.23"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Power of Attorney legal
"Duly authorized under Power of Attorney effective as of April 13, 2026"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake does FMR LLC report in CYTK?
FMR LLC reports beneficial ownership of 11,135,192.23 shares, equal to 9.0% of Cytokinetics common stock as of 03/31/2026. This figure appears in Item 4 as the amount beneficially owned and percent of class on the cover information.
Who signed the Schedule 13G/A amendment for CYTK?
The amendment is signed by Richard Bourgelas as duly authorized under a Power of Attorney dated April 13, 2026. The filing also references Abigail P. Johnson and incorporates the related Power of Attorney exhibit.
What voting and dispositive powers does FMR LLC report?
FMR LLC reports 11,093,544.96 shares of sole voting power and 11,135,192.23 shares of sole dispositive power in the cover data. Shared voting and dispositive powers are reported as 0.00.
Does the filing identify others with >5% ownership of CYTK?
The filing states that one or more other persons may have rights to dividends or sale proceeds, but it specifies that no other single person holds more than 5% of the outstanding common stock according to Item 6.
What document supplements the Schedule 13G/A filing?
The amendment references Exhibit 99 for a 13d-1(k)(1) agreement and incorporates a Power of Attorney by reference to Exhibit 24 filed April 29, 2026, as noted in the signature comments.