Barnett Valerie 4
Research Summary
AI-generated summary
Cytek (CTKB) CLO Valerie Barnett Receives RSU Shares
What Happened
Valerie Barnett, Chief Legal Officer of Cytek Biosciences (CTKB), had 1,346 restricted stock units (RSUs) convert into 1,346 shares on February 18, 2026. To satisfy tax withholding on the vesting, 525 of those shares were withheld and surrendered to the company at an indicated value of $4.20 per share, totaling $2,205. This was a vesting/conversion of RSUs (award) rather than an open-market buy or sell.
Key Details
- Transaction dates: February 18, 2026 (reported on Form 4 filed February 20, 2026).
- Converted/issued: 1,346 shares from RSU vesting (derivative conversion).
- Shares withheld for tax: 525 shares at $4.20/share, value $2,205 (surrendered to issuer).
- Filing: Form 4 dated Feb 20 reporting Feb 18 activity; no late-filing flag shown in the excerpt.
- Footnotes: F1–F3 indicate these were RSUs (one RSU = one share), shares were withheld to satisfy withholding obligations, and the RSU vests quarterly over four years per the schedule.
- Shares owned following the transaction: not disclosed in the provided excerpt.
Context: This transaction reflects routine RSU vesting with shares withheld to cover taxes (a common cashless-withholding method), not an open-market sale or purchase. Such vesting events are typically administrative and do not by themselves indicate a change in insider sentiment.