Cybin executive chair buys 100K shares at $12.39
CYBIN INC.’s Executive Chair increased his direct and indirect share holdings through a sizable open-market or private purchase.
Rhea-AI Filing Summary
CYBIN INC. (HELP) reported that Executive Chair Eric H. L. So voluntarily filed a Form 4 disclosing an open-market or private purchase of 100,000 Common Shares on September 8, 2026 at $12.3867 per share. Following this purchase, he holds 4,465,014 Common Shares directly and 53,616 Common Shares indirectly through his spouse. No Rule 10b5-1 plan is reported.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
2 txns
Insider
So Eric H. L.
Role
Executive Chair
Bought
100,000 shs ($1.24M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 100,000 | $12.3867 | $1.24M |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 4,465,014 shares (Direct);
Common Shares — 53,616 shares (Indirect, Held by spouse)
Key Figures
Shares purchased: 100,000 shares
Purchase price per share: $12.3867 per share
Direct holdings after transaction: 4,465,014 shares
+2 more
5 metrics
Shares purchased
100,000 shares
Common Shares bought on September 8, 2026 by Executive Chair
Purchase price per share
$12.3867 per share
Price for the 100,000 Common Shares acquired on September 8, 2026
Direct holdings after transaction
4,465,014 shares
Common Shares held directly by Eric H. L. So after the purchase
Indirect holdings after transaction
53,616 shares
Common Shares held indirectly, reported as held by spouse
Net shares bought
100,000 shares
Net buy volume across all reported transactions in this Form 4
Key Terms
Section 16 reporting requirements, Rule 10b5-1 plan, indirect ownership, Executive Chair
4 terms
Section 16 reporting requirements regulatory
"being filed voluntarily by the reporting person, who is not subject to Section 16 reporting requirements"
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported for the transactions in this filing"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
indirect ownership financial
"Indirect ownership is reported as 53,616 shares held by spouse"
Executive Chair other
"Eric H. L. So serves as Executive Chair of CYBIN INC."
An executive chair is the board chairperson who also takes an active, hands-on role in company management, typically working closely with the CEO and senior team to shape strategy and major decisions. For investors it matters because this blend of oversight and operational power can accelerate strategic moves and provide steady leadership—like a coach who also calls plays—but it can also concentrate authority and create governance or succession risks if too much depends on one person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CYBN disclose in this Form 4?
CYBIN INC. disclosed that Executive Chair Eric H. L. So purchased 100,000 Common Shares on September 8, 2026 in an open-market or private transaction at $12.3867 per share, increasing his reported holdings.
Was the CYBN insider trade made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 plan for the reported transaction, and the document-level checkbox for such a plan is not marked as being used for this trade.
Is the CYBN Form 4 filing mandatory for this reporting person?
The filing states it is being filed voluntarily and that the reporting person is not subject to Section 16 reporting requirements, meaning this Form 4 is not mandatory under Section 16.
AI-generated analysis. How Rhea-AI works. Not financial advice.