Form 4: Cytokinetics EVP Fady Ibraham Malik Reports Stock Transactions
SEC Form 4
Fady Ibraham Malik, EVP of Research & Development at Cytokinetics, reports the acquisition and disposal of Cytokinetics common stock and derivative securities on August 20, 2024.
Summary
- On August 20, 2024, Fady Ibraham Malik, EVP of Research & Development at Cytokinetics, reported transactions involving Cytokinetics Inc. common stock.
- Malik disposed of 2,000 shares of common stock at a price of $56.23 per share.
- He also acquired 5,300 shares of common stock through the exercise of non-qualified stock options at a price of $7.96 per share.
- Simultaneously, Malik disposed of 5,300 shares of common stock at $56.26 per share.
- Following these transactions, Malik beneficially owns 125,004 shares of common stock directly.
- He also owns 42,400 non-qualified stock options.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the executive's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/26/2015 | Date exercisable for Non-Qualified Stock Option |
| 02/26/2025 | Expiration date for Non-Qualified Stock Option |
| 08/20/2024 | Date of earliest transaction and filing date. |
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