CYTK CEO Robert I Blum sells 7,500 shares at $70.46 via 10b5-1 plan; stock down 11.0% from 52-week high.
Robert I Blum sold 7,500 shares (7.5K shares) of CYTOKINETICS INC at $70.46 on 2026-06-15, reducing holdings from 392,830 to 385,330 shares, a net change of -1.9% vs pre-transaction holdings. This sale was executed under a pre-arranged 10b5-1 trading plan, making it scheduled rather than discretionary. The current stock price of $71.38 is -11.0% from the 52-week high of $80.20, and the company remains unprofitable with a net income of $-206.0M in its latest full fiscal year, though it posted strong annual revenue growth of +376.6%. His prior trades at CYTK show mixed outcomes: two prior measurable sales produced 30-day returns of +5.3% and -10.0% respectively, with 90-day returns of +14.8% and -18.6%, providing no clear directional signal. The scheduled nature of this transaction under a 10b5-1 plan means it reflects a pre-commitment to a divestment schedule rather than a response to current market or company conditions.