Cosmos Health CEO acquires 701K shares via debt exchange
Siokas Grigorios reported open-market purchase transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Siokas Grigorios reported open-market purchase transactions in this Form 4 filing.
Cosmos Health Inc. Chief Executive Officer Grigorios Siokas acquired 701,447 shares of common stock at $0.2281 per share. Instead of paying cash, the shares were received under a Debt Exchange Agreement dated June 10, 2026, in exchange for $160,000 of debt the company owed him.
Following this transaction, Mr. Siokas directly holds 13,263,361 shares of Cosmos Health common stock. The share price used in the exchange reflects the fair market value of the stock on June 10, 2026, as defined in the agreement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $.001 | 701,447 | $0.2281 | $160K |
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 June 10, 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 $0.2281 per share, the fair market value of the Common Stock on June 10, 2026, in exchange for a total amount of $160,000 in debt the Company owed to Mr. Siokas.
Key Figures
Key Terms
Debt Exchange Agreement financial
fair market value financial
open-market purchase financial
FAQ
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