STOCK TITAN

CNS Pharmaceuticals (CNSP) director buys 2,000 shares in open-market trade

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CNS Pharmaceuticals, Inc. director Michal Fisher reported an open-market purchase of company stock. On May 18, 2026, Fisher purchased 2,000 shares of CNSP common stock at $5.00 per share. Following this transaction, Fisher directly holds 2,000 common shares of the company.

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Insider Fisher Michal
Role Director
Bought 2,000 shs ($10K)
Type Security Shares Price Value
Purchase Common Stock 2,000 $5.00 $10K
Holdings After Transaction: Common Stock — 2,000 shares (Direct)
Shares purchased 2,000 shares Common Stock purchased on May 18, 2026
Purchase price $5.00 per share Price for the May 18, 2026 common stock purchase
Shares owned after transaction 2,000 shares Total direct holdings following the reported purchase
Net buy shares 2,000 shares Net buy volume across all transactions in this Form 4
open market financial
"Purchase in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
private transaction financial
"Purchase in open market or private transaction"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
Rule 10b5-1 regulatory
"Rule 10b5-1 checkbox is not checked (aff_10b5_one: false)"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did CNSP director Michal Fisher report?

Director Michal Fisher reported purchasing 2,000 shares of CNS Pharmaceuticals, Inc. (CNSP) common stock. The transaction occurred on May 18, 2026 and was reported as an open-market or private purchase at $5.00 per share.

At what price did Michal Fisher buy CNSP shares?

Michal Fisher bought CNSP common stock at $5.00 per share. The filing classifies this as a purchase in an open-market or private transaction, covering a total of 2,000 shares acquired on May 18, 2026.

How many CNSP shares does Michal Fisher own after this transaction?

After the reported transaction, Michal Fisher directly owns 2,000 shares of CNS Pharmaceuticals, Inc. common stock. The Form 4 states that these 2,000 shares represent Fisher’s total direct holdings following the May 18, 2026 purchase.

Was the CNSP insider trade by Michal Fisher a purchase or a sale?

The transaction reported by Michal Fisher was a purchase of CNSP common stock. The Form 4 shows a buy of 2,000 shares at $5.00 per share on May 18, 2026, with no sales reported in this filing.

Did the CNSP Form 4 indicate trades under a Rule 10b5-1 plan?

No. The Form 4’s Rule 10b5-1 checkbox is not checked, indicating the reported transaction was not affirmed as made under a Rule 10b5-1 trading plan. The filing instead classifies it as a standard open-market or private purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fisher Michal

(Last)(First)(Middle)
C/O CNS PHARMACEUTICALS, INC.
100 WEST LOOP SOUTH, SUITE 900

(Street)
HOUSTON TEXAS 77027

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CNS Pharmaceuticals, Inc. [ CNSP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/18/2026P2,000A$52,000D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Steve O'Loughlin, Attorney-in-Fact08/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)