Form 4: Cyanotech Officer Collette Nicole Kakuk Reports Stock Transactions

Collette Nicole Kakuk, Chief Strategic Commercial Officer of Cyanotech Corporation, reports the vesting of restricted stock units and subsequent withholding of shares for tax liabilities.

Summary

• On April 7, 2025, Collette Nicole Kakuk, Chief Strategic Commercial Officer of Cyanotech Corporation, reported transactions involving Cyanotech common stock.
• 33 restricted stock units vested and were converted into common stock.
• The company withheld 14 shares to cover payroll tax liabilities related to the vesting.
• Following these transactions, Kakuk directly owns 4,707 shares of Cyanotech common stock.
• An additional 34 restricted stock units will vest on April 7, 2026, contingent upon continued service with the company.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.

Future Outlook

34 restricted stock units are scheduled to vest on April 7, 2026, contingent upon continued service with the company.

Industry Context

This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• Shareholders are informed about insider transactions, providing transparency into management's holdings.
• The transactions have a minimal impact on the company's overall financial position.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Vesting, Cyanotech, Kakuk, Insider Trading