Cybin CEO reports 1,075,000 restricted share units

CYBIN INC. disclosed CEO Michael Halstead’s initial common share, PSU and RSU holdings, with vesting tied to share-price performance and time-based schedules.

Rhea-AI Filing Summary

CYBIN INC. (HELP) reported the initial equity holdings of its Chief Executive Officer, Michael Halstead, in a Form 3 statement of beneficial ownership. As of September 17, 2026, he holds directly 68,568 common shares, 283,334 performance share units and 1,075,000 restricted share units, each representing a contingent right to receive one common share.

The performance share units vest in two tranches upon CYBN common stock achieving specified share-price targets. The restricted share units vest in three equal annual installments, beginning August 3, 2027.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Halstead Michael

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Performance Share Units F1	--	--	--
holding	Restricted Share Units F2	--	--	--
holding	Common Shares	--	--	--

Holdings After Transaction: Performance Share Units — 283,334 contracts (Direct); Restricted Share Units — 1,075,000 contracts (Direct); Common Shares — 68,568 shares (Direct)

Footnotes (2)

1. F1. Each performance share unit represents a contingent right to receive one share of the Issuer's common stock. The performance share units will vest in two separate tranches upon the CYBN common stock achieving a specified price per share for each tranche.
2. F2. Each restricted share unit represents a contingent right to receive one share of the Issuer's common stock. The restricted share units vest in three equal annual installments, beginning August 3, 2027.

Key Figures

Direct common shares held: 68,568 shares Performance share units underlying shares: 283,334 shares Restricted share units underlying shares: 1,075,000 shares +2 more

5 metrics

Direct common shares held 68,568 shares Direct holdings as of September 17, 2026

Performance share units underlying shares 283,334 shares Underlying CYBIN INC. common shares for PSUs held directly

Restricted share units underlying shares 1,075,000 shares Underlying CYBIN INC. common shares for RSUs held directly

RSU vesting schedule 3 installments Three equal annual installments beginning August 3, 2027

PSU vesting tranches 2 tranches Each tranche vests upon CYBN stock achieving a specified price per share

Key Terms

Performance Share Units, Restricted Share Units, contingent right to receive one share

3 terms

Performance Share Units financial

"Each performance share unit represents a contingent right to receive one share"

Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.

Restricted Share Units financial

"Each restricted share unit represents a contingent right to receive one share"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

contingent right to receive one share financial

"represents a contingent right to receive one share of the Issuer's common stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity holdings in CYBIN INC. (HELP) does CEO Michael Halstead report on this Form 3?

Michael Halstead reports direct ownership of 68,568 common shares, 283,334 performance share units, and 1,075,000 restricted share units, each unit representing a contingent right to receive one share of CYBIN INC.’s common stock.

How many performance share units tied to CYBIN INC. (HELP) stock does the CEO hold?

The CEO holds 283,334 performance share units, each representing a contingent right to receive one CYBIN INC. common share. These units vest in two separate tranches, each triggered by CYBN common stock achieving a specified price per share.

What are the CEO’s restricted share unit holdings in CYBIN INC. (HELP) and how do they vest?

Michael Halstead holds 1,075,000 restricted share units. Each RSU represents a contingent right to one CYBIN INC. common share and vests in three equal annual installments, beginning on August 3, 2027.

Does this CYBIN INC. (HELP) Form 3 report any stock purchases or sales by the CEO?

No. The Form 3 lists holdings only—common shares, performance share units, and restricted share units—as of September 17, 2026. It does not report any purchases, sales, exercises, or other transactions.

What direct common share ownership in CYBIN INC. (HELP) is disclosed for the CEO?

The filing discloses that Michael Halstead directly owns 68,568 common shares of CYBIN INC. as of September 17, 2026. These are separate from his performance share units and restricted share units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/17/2026 - 05:04 PM Accepted by SEC EDGAR 09/17/2026 - 05:04 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Halstead Michael

(Last) (First) (Middle)

C/O CYBIN INC.

100 KING STREET W., SUITE 5600

(Street)

TORONTO M5X 1C9

(City) (State) (Zip)

ONTARIO, CANADA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
09/17/2026

3. Issuer Name and Ticker or Trading Symbol
CYBIN INC. [ CYBN ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	68,568	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Share Units	(1)	(1)	Common Stock	283,334	(1)	D
Restricted Share Units	(2)	(2)	Common Stock	1,075,000	(2)	D

Explanation of Responses:

1. Each performance share unit represents a contingent right to receive one share of the Issuer's common stock. The performance share units will vest in two separate tranches upon the CYBN common stock achieving a specified price per share for each tranche.

2. Each restricted share unit represents a contingent right to receive one share of the Issuer's common stock. The restricted share units vest in three equal annual installments, beginning August 3, 2027.

	/s/ Michael Halstead	09/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)