Cosmos Health (COSM) CEO converts $120,000 company debt into 291,262 shares
Rhea-AI Filing Summary
Cosmos Health Inc. Chief Executive Officer, director and 10% owner Grigorios Siokas acquired 291,262 shares of common stock on February 11, 2026. The shares were obtained at $0.4120 per share in exchange for $120,000 of debt the company owed to him under a debt exchange agreement.
Following this transaction, Mr. Siokas directly beneficially owns 8,473,382 shares of Cosmos Health common stock.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 291,262 shares
Net Buy
1 txn
Insider
Siokas Grigorios
Role
Chief Executive Officer
Bought
291,262 shs ($120K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $.001 | 291,262 | $0.412 | $120K |
Holdings After Transaction:
Common Stock, par value $.001 — 8,473,382 shares (Direct)
Footnotes (1)
- F1. Pursuant to a debt exchange agreement by and between Grigorios Siokas, the Company's CEO and the Company (the "Debt Exchange Agreement"), dated as of February 11, 2026, these shares are Exchange Shares (as defined in the Debt Exchange Agreement) being acquired by Mr. Siokas at the Exchange Rate (as defined in the Debt Exchange Agreement) of $0.4120 per share, the fair market value of the Common Stock on February 11, 2026, in exchange for a total amount of $120,000 in debt the Company owed to Mr. Siokas.
FAQ
What insider transaction did COSM CEO Grigorios Siokas report on February 11, 2026?
Grigorios Siokas reported acquiring 291,262 Cosmos Health Inc. shares on February 11, 2026. The shares were received through a debt exchange agreement rather than a cash purchase, increasing his direct beneficial ownership to 8,473,382 common shares after the transaction.
How much company debt was exchanged for COSM stock held by Grigorios Siokas?
Cosmos Health Inc. exchanged $120,000 of debt owed to CEO Grigorios Siokas for common stock. In return, Siokas received 291,262 shares at $0.4120 per share, as specified in the February 11, 2026 debt exchange agreement described in the Form 4 footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.