DAVIS MICHAEL A / 4
4 · CYANOTECH CORP · Filed Oct 3, 2024
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
DAVIS MICHAEL A /
Director
Transactions
- Purchase
Cyanotech Corporation Common Stock
2024-10-01$0.76/sh+5,000$3,800→ 1,465,440 total(indirect: By Trust) - Award
Cyanotech Corporation Common Stock
2024-10-01$0.76/sh+13,158$10,000→ 1,478,598 total(indirect: By Trust)
Holdings
- 31,250(indirect: By Spouse)
Cyanotech Corporation Common Stock
- 58,000(indirect: By Trust)
Cyanotech Corporation Common Stock
- 12,119
Cyanotech Corporation Common Stock
- 150,000(indirect: By Trust)
Cyanotech Corporation Common Stock
- 58,789(indirect: By Trust)
Cyanotech Corporation Common Stock
Footnotes (2)
- [F1]Adoption date of referenced 10b5-1(c) plan is: 03-06-2024
- [F2]To reduce the Company's ongoing cash expense, the Nominating and Corporate Governance Committee of the Board of Directors adopted a resolution allowing each director to elect to receive his quarterly director fees in the form of restricted stock in lieu of cash. The Reporting Person elected to receive shares of restricted stock in lieu of cash for the second quarter of fiscal 2025.