Cosmos Health (NASDAQ: COSM) CEO swaps $57,000 debt for 113,185 shares
Rhea-AI Filing Summary
Cosmos Health Inc. insider filing shows its CEO and 10% owner, Grigorios Siokas, acquiring 113,185 shares of common stock on January 12, 2026. The shares were obtained at $0.5036 per share under a Debt Exchange Agreement, using $57,000 of debt the company owed to him as payment instead of cash. After this transaction, he beneficially owns 7,244,979 common shares directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $.001 | 113,185 | $0.5036 | $57K |
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 January 12, 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 $0.5036 per share, the fair market value of the Common Stock on January 12, 2026, in exchange for a total amount of $57,000 in debt the Company owed to Mr. Siokas.
FAQ
What insider transaction did COSM report in this Form 4?
The filing reports that CEO and 10% owner Grigorios Siokas acquired 113,185 shares of Cosmos Health Inc. common stock on January 12, 2026.
What is the role of the reporting person in Cosmos Health (COSM)?
The reporting person, Grigorios Siokas, is a director, a 10% owner, and serves as Chief Executive Officer of Cosmos Health Inc.
Was this COSM insider transaction a purchase on the open market?
No. The transaction is described as acquisition of Exchange Shares under a Debt Exchange Agreement, where company debt of $57,000 owed to the CEO was exchanged for shares at $0.5036 per share.
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