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Cyanotech (CYAN) insider Cysewski acquired 33 shares

ByQuantisnow·Wall Street's wire, on your screen.
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Insider transactions reported

Gerald R Cysewski (Chief Scientific Officer at Cyanotech Corporation, CYAN) reported that they acquired 33 shares, and gave up 13 shares at $0.31 to cover taxes or an exercise price on Apr 7, 2025. After these transactions the filing shows 145,712 shares held directly.

Reporting person
Cysewski Gerald R
Role
Chief Scientific Officer
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Apr 7, 2025Exercise or conversion of a derivative (M)Common Stock1+33--145,725 direct
Apr 7, 2025Shares withheld for taxes or exercise price (F)Common Stock2-13$0.31$4.03145,712 direct

Options and other derivatives

Options and other derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Apr 7, 2025Exercise or conversion of a derivative (M)Restricted Stock UnitsOn 33 Common Stock3, 4-33--1,611 direct

Holdings before and after

  • Common Stock: 145,692 to 145,712 direct
  • Restricted Stock Units: 1,644 to 1,611 direct

Other positions listed

  • Common Stock: 250 indirect, Held by spouse

Footnotes from the filing

  1. 1. Represents the conversion upon vesting of restricted stock units into common stock.
  2. 2. No stock was sold. On April 7, 2025, in connection with the vesting of 33 shares of stock, the Company withheld a total of 13 shares to satisfy a payroll tax liability incident to such vesting.
  3. 3. Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech Common Stock.
  4. 4. The restricted stock units vest as to 1,577 shares on July 29, 2025; and 34 shares on April 6, 2026, in each case subject to the reporting person's continued service with the Company on the vesting date.

Transaction codes in this filing

Exercise or conversion of a derivative:
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Shares withheld for taxes or exercise price:
Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

FAQ

What did Cysewski report in this CYAN Form 4?

Gerald R Cysewski (Chief Scientific Officer at Cyanotech Corporation, CYAN) reported that they acquired 33 shares, and gave up 13 shares at $0.31 to cover taxes or an exercise price on Apr 7, 2025. After these transactions the filing shows 145,712 shares held directly.

How many CYAN shares does Cysewski hold after this filing?

The filing shows 145,712 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code M mean on an SEC Form 4?

Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

Historical context for CYAN

Earlier insider filings at CYAN

Quantisnow market dataNASDAQ
Cyanotech Corporation logo
CYAN
Cyanotech Corporation
Market cap
30-day
Sector
Health Care
Industry
Medicinal Chemicals and Botanical Products
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