Callos Andrew 4
4 · CYTOKINETICS INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Cytokinetics (CYTK) EVP Andrew Callos Sells Shares
What Happened
Andrew Callos, EVP and Chief Commercial Officer of Cytokinetics (CYTK), disposed of 8,542 shares on 2026-03-17 in two sell transactions at $62.15 per share. The trades were for 5,626 shares ($349,656) and 2,916 shares ($181,229), totaling roughly $530,885. These were sales (not purchases) and were reported as company-compelled sell-to-cover transactions to satisfy tax withholding obligations tied to RSU vesting.
Key Details
- Transaction date: 2026-03-17; Price per share: $62.15.
- Shares sold: 5,626 and 2,916 (total 8,542); Total proceeds: ~$530,885.
- Transaction type: Sale (reported as open market or private sale) with footnotes indicating company-compelled sell-to-cover for RSU tax withholding (Footnotes F1, F2).
- Shares owned after the transaction: Not specified in the provided filing details.
- Filing: Report filed 2026-03-18 for transactions on 2026-03-17 (appears timely). No 10b5-1 plan or other trading plan noted in the provided details.
Context: Sell-to-cover transactions are routine tax-withholding actions when restricted stock units vest and do not necessarily indicate an executive-initiated decision to reduce exposure. Purchases generally carry more weight as signals of insider confidence; this filing documents a tax-related disposition.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-03-17$62.15/sh−5,626$349,656→ 74,489 total - Sale
Common Stock
[F2]2026-03-17$62.15/sh−2,916$181,229→ 71,573 total
Footnotes (2)
- [F1]Company compelled sell-to-cover transaction to satisfy tax withholding obligations attributable to RSU vesting.
- [F2]Company compelled sell-to-cover transaction to satisfy tax withholding obligations attributable to RSU vesting.