Director Edward M. Kaye sold 28,064 shares (28.1K) of CYTK for $1,872,430.08 ($1.9M); -73.8% of pre-transaction holdings; stock -6.8% from 52-week high.
Director Kaye divested 28,064 shares at $66.72, reducing his stake from 38,041 to 9,977 shares—a substantial 73.8% reduction in his holdings. The sale occurred near the 52-week high of $68.15, approximately 6.8% below that peak, within a period when the stock has appreciated 27.0% over 90 days. The company reported a net loss of $306,178,000 in its most recent full fiscal year while delivering 145.3% annual revenue growth—a pattern consistent with early-stage growth companies burning cash to scale. Kaye's cross-ticker track record shows a 40.00% well-timed rate on six prior sells, though this specific transaction's timing against CYTK's future performance remains to be observed.