Form 4: Cytek Biosciences Director Michael Holder Reports Stock Transactions
SEC Form 4 Filing
Director Michael Holder reports the acquisition and disposal of Cytek Biosciences common stock and restricted stock units on March 10, 2025.
Summary
- On March 10, 2025, Michael Holder, a director of Cytek Biosciences, Inc. (CTKB), reported transactions involving the company's common stock and Restricted Stock Units (RSUs).
- Holder acquired 2,908 shares of common stock and disposed of 6,543 shares.
- Following these transactions, Holder beneficially owns 19,635 derivative securities in the form of Restricted Stock Units (RSUs).
- The RSUs vest in installments on various dates, including August 18, November 18, March 10, and May 18 of each year, until fully vested.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a broader industry trend but is specific to the individual's holdings and transactions within Cytek Biosciences.
Stakeholder Impact
- Shareholders are informed about the trading activity of a company director, which can provide insights into insider sentiment, although this specific filing doesn't necessarily indicate a trend.
Key Dates
| Date | Description |
|---|---|
| August 18, 2024 | 2/36 of the total shares subject to the RSU Award shall vest |
| November 18, 2024 | 3/36 of the total shares subject to the RSU Award shall vest and each November 18 thereafter |
| March 10, 2025 | Date of earliest transaction; 4/36 of the total shares underlying the RSU Award shall vest and each March 10 thereafter |
| May 18, 2025 | 2/36 of the total shares underlying the RSU Award vesting shall vest and each May 18 thereafter |
| August 18, 2025 | 3/36 of the total shares underlying the RSU Award shall vest and each August 18 thereafter, until fully vested |
| 03/12/2025 | Date of signature by Attorney-in-Fact |
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