CV Sciences insider buys 5.7M shares at $0.02
A ten percent owner of CVSI reported multiple direct open-market stock purchases at $0.02 per share over late July and early August 2026.
Rhea-AI Filing Summary
CV Sciences, Inc. (CVSI) reports that ten percent owner Charlie E. Cheever III made a series of open-market or private purchases of common stock between July 16, 2026 and August 7, 2026. Across ten transactions, he purchased a total of 5,740,816 shares at a reported price of $0.02 per share, with all holdings shown as direct ownership and no Rule 10b5-1 trading plan reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,740,816 shares
Net Buy
10 txns
Insider
CHEEVER CHARLIE E III
Role
10% Owner
Bought
5,740,816 shs ($115K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.0001 par value per share | 94,854 | $0.02 | $2K |
| Purchase | Common Stock, $0.0001 par value per share | 108,000 | $0.02 | $2K |
| Purchase | Common Stock, $0.0001 par value per share | 1,730,000 | $0.02 | $35K |
| Purchase | Common Stock, $0.0001 par value per share | 60,000 | $0.02 | $1K |
| Purchase | Common Stock, $0.0001 par value per share | 1,830,000 | $0.02 | $37K |
| Purchase | Common Stock, $0.0001 par value per share | 470,075 | $0.02 | $9K |
| Purchase | Common Stock, $0.0001 par value per share | 272,500 | $0.02 | $5K |
| Purchase | Common Stock, $0.0001 par value per share | 335,000 | $0.02 | $7K |
| Purchase | Common Stock, $0.0001 par value per share | 749,000 | $0.02 | $15K |
| Purchase | Common Stock, $0.0001 par value per share | 91,387 | $0.02 | $2K |
Holdings After Transaction:
Common Stock, $0.0001 par value per share — 26,648,711 shares (Direct)
Key Figures
Total shares purchased: 5,740,816 shares
Per-share purchase price: $0.02 per share
Number of purchase transactions: 10 transactions
+3 more
6 metrics
Total shares purchased
5,740,816 shares
Common stock bought by Charlie E. Cheever III between July 16, 2026 and August 7, 2026
Per-share purchase price
$0.02 per share
Reported price for each open-market or private purchase of CVSI common stock
Number of purchase transactions
10 transactions
Total count of reported purchases of CV Sciences, Inc. common stock
Largest single-day purchase
1,830,000 shares
Common stock purchased on July 28, 2026
Earliest reported purchase date
July 16, 2026
First date in the Form 4 transaction list
Latest reported purchase date
August 7, 2026
Most recent date in the Form 4 transaction list
Key Terms
ten percent owner, Rule 10b5-1 trading plan, open-market or private purchase
3 terms
ten percent owner regulatory
"The reporting person is identified as a ten percent owner of CV Sciences, Inc."
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for these transactions."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market or private purchase financial
"Each transaction is described as a purchase in an open market or private transaction."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did CVSI report in this Form 4 filing?
The filing reports that Charlie E. Cheever III, a ten percent owner, made ten purchases of CV Sciences, Inc. common stock between July 16, 2026 and August 7, 2026, all as direct ownership transactions at a reported price of $0.02 per share.
Were the CVSI insider trades made under a Rule 10b5-1 trading plan?
No, the Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions, meaning the purchases are not identified as being executed under a pre-arranged trading plan.
Is the insider a ten percent owner of CVSI?
Yes. The reporting person, Charlie E. Cheever III, is identified in the Form 4 as a ten percent owner of CV Sciences, Inc., which is why these purchases are subject to Section 16 reporting.
AI-generated analysis. How Rhea-AI works. Not financial advice.