Oncology Institute holder buys 50K TOI shares
Oncology Institute, Inc. disclosed that major shareholder Jorey Chernett, a more than ten percent owner, made an open-market purchase of 50,000 shares of common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Oncology Institute, Inc. disclosed that major shareholder Jorey Chernett, a more than ten percent owner, made an open-market purchase of 50,000 shares of common stock. The shares were bought at a weighted average price of $3.15 per share, with individual trade prices ranging from $3.11 to $3.19. Following this transaction, Chernett directly owns 10,451,929 shares of Oncology Institute common stock, indicating this buy added modestly to an already large position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 50,000 | $3.15 | $158K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $3.11 to $3.19, rounded to the nearest cent, inclusive. Mr. Chernett undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price such shares were purchased.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Oncology Institute (TOI) report for Jorey Chernett?
Was the Oncology Institute (TOI) insider transaction an open-market buy or another type?
Does the Form 4 for Oncology Institute (TOI) mention any trading plan for this purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.