Cytek Biosciences, Inc.·4

Mar 12, 4:37 PM ET

McCombe William D. 4

4 · Cytek Biosciences, Inc. · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Cytek (CTKB) CFO William McCombe Receives RSU Awards, Converts Shares

What Happened

  • William D. McCombe, Chief Financial Officer of Cytek Biosciences (CTKB), was granted two restricted stock unit (RSU) awards on March 10, 2026 (136,205 RSUs and 256,790 RSUs, total 392,995 RSUs). On the same date, portions of RSUs converted/settled into common shares (6,320 and 17,401 shares).
  • Of the converted shares (23,721 total), 9,748 shares were withheld/surrendered to the company to satisfy tax withholding obligations at $4.23 per share, totaling $41,234. That leaves a net of 13,973 shares delivered to McCombe after withholding.
  • These were awards and vesting/conversion events (not open-market buys or sales). The filing shows grant and derivative conversion activity plus the routine tax-withholding disposition.

Key Details

  • Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (appears filed within the usual two-business-day window).
  • Grants: 136,205 RSUs and 256,790 RSUs granted (derivative awards, $0 per share reported).
  • Conversions: 6,320 and 17,401 RSUs converted into common stock (total 23,721).
  • Tax withholding: 2,603 and 7,145 shares withheld (total 9,748) at $4.23/share; withheld shares valued at $11,011 and $30,223 respectively (total $41,234).
  • Net shares received after withholding: 13,973 (23,721 converted − 9,748 withheld).
  • Shares owned following the transactions: not specified in the provided filing data.
  • Footnotes: RSUs represent contingent rights to receive one share each (F1). Withheld shares were surrendered to the issuer to satisfy tax obligations on vesting (F2). Vesting schedules for the awards/options are detailed in the filing (F3–F6).

Context

  • This was primarily an award/vesting and conversion event; the withholding is a routine tax-related disposition (code F). For retail investors, awards and vesting are common executive compensation events and do not necessarily signal buying or selling intent. The filing includes both the grant of RSUs and their partial conversion/settlement with shares withheld for taxes.

Insider Transaction Report

Form 4
Period: 2026-03-10
McCombe William D.
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+6,32087,034 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$4.23/sh2,603$11,01184,431 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+17,401101,832 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$4.23/sh7,145$30,22394,687 total
  • Award

    Employee Stock Option (right to buy)

    [F3]
    2026-03-10+136,205136,205 total
    Exercise: $4.23Exp: 2036-03-09Common Stock (136,205 underlying)
  • Award

    Restricted Stock Units

    [F1][F4]
    2026-03-10+256,790256,790 total
    Common Stock (256,790 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F5]
    2026-03-106,32056,889 total
    Common Stock (6,320 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F6]
    2026-03-1017,401156,613 total
    Common Stock (17,401 underlying)
Footnotes (6)
  • [F1]Each Restricted Stock Unit (the "RSU Award") represents a contingent right to receive one share of the Issuer's common stock.
  • [F2]Represents the number of shares withheld by and surrendered to the Issuer on March 10, 2026, to satisfy tax withholding obligations that arose in connection with the vesting of the RSU Award.
  • [F3]The shares subject to the stock option shall vest over 4 years with 1/48 of the total shares underlying the stock option vesting on April 10, 2026 and each month thereafter until fully vested.
  • [F4]The shares subject to the RSU Award shall vest over 4 years with 2/48 of the total shares underlying the RSU Award vesting on May 18, 2026 and each May 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting August 18, 2026 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting November 18, 2026 and each November 18 thereafter; and 4/48 of the total shares underlying the RSU Award vesting on March 10, 2027 and each March 10 thereafter, until fully vested.
  • [F5]The shares subject to the RSU Award shall vest over 4 years with 12/48 of the total shares underlying the RSU Award vesting on May 18, 2025; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2025 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2025 and each November 18 thereafter; and 3/48 of the total shares underlying the RSU Award vesting on March 10, 2026 and each March 10 thereafter; and 3/48 of the total shares underlying the RSU Award vesting on May 18, 2026 and each May 18 thereafter.
  • [F6]The shares subject to the RSU Award shall vest over 4 years with 2/48 of the total shares underlying the RSU Award vesting on May 18, 2025 and each May 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2025 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2025 and each November 18 thereafter; and 4/48 of the total shares underlying the RSU Award vesting on March 10, 2026 and each March 10 thereafter, until fully vested.
Signature
/s/ Valerie Barnett, Attorney-in-Fact|2026-03-12

Documents

1 file
  • 4
    form4-03122026_080323.xmlPrimary