Cybin officer reports 3,981,252 shares directly
CYBIN INC.’s Chief Growth Officer discloses significant direct and trust-held common shares plus legacy warrants in a voluntary Form 3.
Rhea-AI Filing Summary
CYBIN INC. (symbol HELP) reports the initial beneficial ownership of Chief Growth Officer Paul Glavine as of August 31, 2026. He holds 3,981,252 Common Shares directly and 230,941 Common Shares indirectly through the PLG Family Trust, plus warrants held by that trust exercisable for 105,263 Common Shares.
The report states it is being filed voluntarily and that the reporting person is not otherwise subject to Section 16 reporting requirements. A footnote indicates the reported warrants held via the PLG Family Trust were acquired in 2019.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Glavine Paul
Role
Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants F1 | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Warrants — 105,263 contracts (Indirect, Held by PLG Family Trust);
Common Shares — 3,981,252 shares (Direct);
Common Shares — 230,941 shares (Indirect, Held by PLG Family Trust)
Footnotes (1)
- F1. Warrants acquired in 2019.
Key Figures
Directly held Common Shares: 3,981,252 shares
Indirectly held Common Shares: 230,941 shares
Warrants underlying Common Shares: 105,263 shares
+2 more
5 metrics
Directly held Common Shares
3,981,252 shares
Common Shares held directly by Paul Glavine as of August 31, 2026
Indirectly held Common Shares
230,941 shares
Common Shares held indirectly through PLG Family Trust as of August 31, 2026
Warrants underlying Common Shares
105,263 shares
Common Shares underlying warrants held indirectly through PLG Family Trust
Holding entries reported
3 entries
Two Common Share positions and one warrant position
Warrants acquisition year
2019
Footnote states warrants were acquired in 2019
Key Terms
beneficial ownership, Section 16, Warrants, Common Shares, +1 more
5 terms
beneficial ownership financial
"reports the initial beneficial ownership of Chief Growth Officer Paul Glavine"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"the reporting person who is not subject to Section 16 reporting requirements"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Warrants financial
"Warrants acquired in 2019"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
indirect ownership financial
"ownership type recorded as indirect and noted as held by PLG Family Trust"
FAQ
What ownership in CYBN does Chief Growth Officer Paul Glavine report on this Form 3?
He reports 3,981,252 Common Shares held directly, 230,941 Common Shares held indirectly through the PLG Family Trust, and warrants held by that trust exercisable for 105,263 Common Shares, all as of August 31, 2026.
How many CYBN warrants does Paul Glavine beneficially own through the PLG Family Trust?
Through the PLG Family Trust, he reports warrants exercisable for 105,263 Common Shares. A footnote states these warrants were acquired in 2019.
Is Paul Glavine required to file Section 16 reports for CYBN?
The Form 3 states it is being filed voluntarily and that the reporting person is not subject to Section 16 reporting requirements, meaning this disclosure is not mandated by Section 16.
What portion of Paul Glavine’s CYBN holdings are indirect?
He reports 230,941 Common Shares as indirectly owned, noted as held by PLG Family Trust, plus warrants held by that trust exercisable for 105,263 Common Shares.
Does this CYBN Form 3 report any recent purchases or sales by Paul Glavine?
No. The entries are characterized as holdings, with no buy or sell transactions reported. The warrants referenced were acquired in 2019 according to the footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.