Custer Matthew Keith 4
4 · CYANOTECH CORP · Filed Apr 9, 2025
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
Custer Matthew Keith
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-04-07−33→ 2,109 total→ Common Stock (33 underlying) - Exercise/Conversion
Common Stock
2025-04-07+33→ 4,679 total
Footnotes (3)
- [F1]Represents the conversion upon vesting of restricted stock units into common stock.
- [F2]Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech Common Stock.
- [F3]The restricted stock units vest as to 2,075 shares on July 29, 2025; and 34 shares on April 6, 2026, in each case subject to the reporting person's continued service with the Company on the vesting date.