Holder Michael 4
4 · Cytek Biosciences, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Cytek (CTKB) Director Michael Receives RSUs; Shares Surrendered
What Happened
- Michael, a director of Cytek Biosciences (CTKB), had equity awards recorded on the Form 4 dated 2026-06-12 for activity on 2026-06-10. The filing shows two RSU awards/awards acquired (33,333 and 18,261 shares, respectively, at $0.00) totaling 51,594 RSU shares, and a derivative exercise/conversion and related disposition of 43,973 shares (both recorded at $0.00).
- In plain terms: 51,594 RSU shares were issued/acquired (these RSUs vested per the filing) and 43,973 shares were surrendered/disposed the same day. The net result recorded in the filing implies 7,621 shares were retained by the insider after the surrender (51,594 − 43,973 = 7,621). No cash amounts or sale proceeds are reported.
Key Details
- Transaction date(s): June 10, 2026; Form 4 filed June 12, 2026 (appears timely under standard 2-business-day reporting).
- Entries reported:
- Grant/Award (A): 33,333 shares @ $0.00 (Derivative)
- Grant/Award (A): 18,261 shares @ $0.00 (Derivative)
- Exercise/Conversion (M): 43,973 shares acquired / 43,973 shares disposed @ $0.00 (Derivative)
- Shares owned after transaction: not explicitly stated in the excerpt of the filing; net issued to insider per the reported entries appears to be 7,621 shares.
- Relevant footnotes from the filing:
- F1: Each RSU represents a contingent right to one share.
- F4: 100% of the shares subject to the RSU Award vested on June 10, 2026.
- F2/F3 note other awards/options have vesting scheduled (earlier of June 10, 2027 or the 2027 annual meeting) for certain grants/options referenced in the filing.
- The disposition of 43,973 shares is recorded but no cash consideration is shown; such dispositions are commonly (but not always explicitly) used to satisfy tax withholding obligations.
Context
- These entries are derivative-related: RSUs vested and converted into common shares (derivative → equity). The simultaneous surrender/disposition of a portion of the issued shares is typically a net settlement or withholding action rather than an open-market sale; the filing does not show proceeds from a market sale.
- This is routine insider reporting of award vesting and related share withholding; it is factual information about ownership changes and not an explicit statement of the insider’s market view.
Insider Transaction Report
Form 4
Holder Michael
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-10+43,973→ 60,694 total - Award
Restricted Stock Units
[F1][F2]2026-06-10+33,333→ 33,333 total→ Common Stock (33,333 underlying) - Award
Director Stock Option (right to buy)
[F3]2026-06-10+18,261→ 18,261 totalExercise: $4.05Exp: 2036-06-10→ Common Stock (18,261 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-06-10−43,973→ 0 total→ Common Stock (43,973 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit (the "RSU Award") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]100% of the shares subject to the RSU Award shall vest on the earlier of June 10, 2027 and the date of the Issuer's 2027 annual meeting of stockholders (provided such meeting is held in June 2027).
- [F3]100% of the shares subject to the option shall vest on the earlier of June 10, 2027 and the date of the Issuer's 2027 annual meeting of stockholders (provided such meeting is held in June 2027).
- [F4]100% of the shares subject to the RSU Award vested on June 10, 2026.
Signature
/s/ Valerie Barnett, Attorney-in-Fact|2026-06-12