Cosmos Health CEO swaps $220K debt for shares
Cosmos Health Inc.'s Chief Executive Officer, director and 10% owner Grigorios Siokas reported acquiring 493,495 shares of common stock on January 14, 2026.
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Rhea-AI Filing Summary
Cosmos Health Inc.'s Chief Executive Officer, director and 10% owner Grigorios Siokas reported acquiring 493,495 shares of common stock on January 14, 2026. The shares were obtained at $0.4458 per share, described as the fair market value on that date, through a debt exchange agreement with the company.
Under this agreement, Mr. Siokas exchanged $220,000 of debt that the company owed him for these "Exchange Shares". Following the transaction, he beneficially owned 7,738,474 shares of Cosmos Health common stock in direct ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $.001 | 493,495 | $0.4458 | $220K |
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 14, 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 $0.4458 per share, the fair market value of the Common Stock on January 14, 2026, in exchange for a total amount of $220,000 in debt the Company owed to Mr. Siokas.
FAQ
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What insider transaction did Cosmos Health (COSM) report in this Form 4?
What type of security is involved in this Cosmos Health (COSM) Form 4 filing?
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