PARSHALL B LYNNE 4
4 · CYTOKINETICS INC · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
CYTK Director Parshall B. Lynne Receives Stock Awards
What Happened
Parshall B. Lynne, a director of Cytokinetics, received equity awards on May 27, 2026. The Form 4 reports an acquisition of 2,851 shares at $0.00 and a separate acquisition of 4,301 derivative shares at $0.00 (both recorded as "A" — award/grant). The filing lists no cash consideration; total reported cash value for both line items is $0.00.
Key Details
- Transaction date: 2026-05-27 for both awards.
- Price: $0.00 per share for both grants (typical for restricted stock/awards).
- Amounts: 2,851 shares (direct award) and 4,301 derivative shares (award of a derivative/stock-settled instrument).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes/plan details: the second grant is identified as a "derivative" in the filing — this commonly indicates RSUs, performance shares, or other equity-settled instruments that may vest later. No 10b5-1, tax-withholding, or late-filing indications were reported; the Form 4 was filed the same day as the reported transaction.
Context
These entries are compensation awards to a director rather than open-market purchases or sales. Awards recorded at $0.00 are standard for stock grants and do not by themselves signal a personal cash investment or an immediate bullish/bearish trading intent. Retail investors may watch for future vesting or subsequent sales by the insider for more direct signals of conviction.
Insider Transaction Report
- Award
Common Stock
2026-05-27+2,851→ 20,784 total - Award
Non-Qualified Stock Option (Right to Buy)
2026-05-27+4,301→ 4,301 totalExercise: $77.15From: 2026-06-27Exp: 2036-05-26→ Common Stock (4,301 underlying)