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Cytokinetics(CYTK.US) Officer Sells US$2.42 Million in Common Stock

moomoo News · Apr 9 17:19

CYTK +1.45%

$Cytokinetics (CYTK.US)$ Officer Malik Fady Ibraham sold 32,605 shares of common stock on Apr 9, 2024 at an average price of $74.31 for a total value of $2.42 million.

Source: Announcement

What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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