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South San Francisco Today
By the People, for the People
Cytokinetics EVP Sells Over $100K in Stock
Insider sale represents a 3.57% decrease in executive's ownership stake
Mar. 16, 2026 at 10:12pm
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Cytokinetics, Incorporated (NASDAQ:CYTK) Executive Vice President Andrew Callos sold 1,709 shares of the company's stock on Monday, March 16th, for a total transaction value of $104,300.27. Following the sale, Callos now owns 46,149 shares in the biopharmaceutical company, valued at approximately $2.8 million.
Why it matters
Insider transactions, such as stock sales by company executives, can provide insights into management's views on a company's prospects. While a single transaction does not necessarily indicate a broader trend, ongoing insider selling activity may signal potential concerns or a lack of confidence in the company's future performance.
The details
Callos' stock sale represents a 3.57% decrease in his ownership stake in Cytokinetics. The shares were sold at an average price of $61.03. Callos has made several other stock sales in recent months, including transactions in March, February, and January.
- The stock sale occurred on Monday, March 16, 2026.
- Callos has made other stock sales in March, February, and January of 2026.
The players
Andrew Callos
Executive Vice President of Cytokinetics, Incorporated.
Cytokinetics, Incorporated
A late-stage biopharmaceutical company focused on the discovery and development of novel small-molecule therapeutics that modulate muscle function.
What they’re saying
“This trade represents a 3.57% decrease in their ownership of the stock.”
— Andrew Callos, Executive Vice President (marketbeat.com)
The takeaway
While a single insider sale does not necessarily indicate broader concerns, ongoing insider selling activity can be a signal for investors to monitor a company's performance and management's confidence in its future prospects.
