Cytokinetics (NASDAQ: CYTK) CEO sells 7,500 shares, retains large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cytokinetics Inc President & CEO Robert I. Blum sold 7,500 shares of Common Stock in an open-market transaction at $66.63 per share. Following the sale, he directly holds 422,830 shares. In addition, 2,083 shares are held indirectly by The Bridget Blum 2003 Irrevocable Trust and 2,083 shares by The Brittany Blum 2003 Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,500 shares ($499,725)
Net Sell
3 txns
Insider
Blum Robert I
Role
President & CEO
Sold
7,500 shs ($500K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,500 | $66.63 | $500K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 422,830 shares (Direct);
Common Stock — 2,083 shares (Indirect, by Trust 1)
Footnotes (1)
- Shares held by The Bridget Blum 2003 Irrevocable Trust. Shares held by The Brittany Blum 2003 Irrevocable Trust.
Key Figures
Shares sold: 7,500 shares
Sale price: $66.63 per share
Direct holdings after sale: 422,830 shares
+2 more
5 metrics
Shares sold
7,500 shares
Open-market sale of Common Stock on 2026-04-01
Sale price
$66.63 per share
Price for the 7,500 shares sold
Direct holdings after sale
422,830 shares
Common Stock directly held by CEO after transaction
Indirect holdings – Trust 1
2,083 shares
Common Stock held by The Bridget Blum 2003 Irrevocable Trust
Indirect holdings – Trust 2
2,083 shares
Common Stock held by The Brittany Blum 2003 Irrevocable Trust
Key Terms
open-market sale, Common Stock, indirect ownership, Irrevocable Trust
4 terms
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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "by Trust 1""
Irrevocable Trust financial
"Shares held by The Bridget Blum 2003 Irrevocable Trust."
FAQ
What insider transaction did CYTOKINETICS (CYTK) CEO Robert Blum report?
Robert I. Blum reported an open-market sale of 7,500 shares of Cytokinetics Common Stock at $66.63 per share. The transaction was recorded as a non-derivative sale and reflects a reduction in his directly held shares while maintaining a substantial remaining position.
Does this CYTOKINETICS Form 4 include any derivative securities activity?
No derivative securities activity is shown in the provided data. The transaction summary lists zero exercises and a derivative transaction count of zero, indicating only a non-derivative open-market sale of Common Stock was reported for this filing.