Cybin officer buys 100K shares at $12.47
Cybin’s Chief Growth Officer voluntarily reported buying 100,000 shares, bringing his direct and trust-held positions above 4.5 million shares combined.
Rhea-AI Filing Summary
CYBIN INC. (HELP) officer Paul Glavine, Chief Growth Officer, purchased 100,000 Common Shares on September 8, 2026 at $12.4719 per share in an open-market or private transaction. Following this purchase, he holds 4,271,252 Common Shares directly, plus 230,941 Common Shares indirectly held by the PLG Family Trust. The report is filed voluntarily and states he is not subject to Section 16 reporting requirements.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
2 txns
Insider
Glavine Paul
Role
Chief Growth Officer
Bought
100,000 shs ($1.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 100,000 | $12.4719 | $1.25M |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 4,271,252 shares (Direct);
Common Shares — 230,941 shares (Indirect, Held by PLG Family Trust)
Key Figures
Shares purchased: 100,000 shares
Purchase price per share: $12.4719 per share
Direct holdings after transaction: 4,271,252 shares
+2 more
5 metrics
Shares purchased
100,000 shares
Common Shares bought by Paul Glavine on September 8, 2026
Purchase price per share
$12.4719 per share
Price for 100,000 Common Shares acquired on September 8, 2026
Direct holdings after transaction
4,271,252 shares
Common Shares directly owned by Paul Glavine following the purchase
Indirect holdings (PLG Family Trust)
230,941 shares
Common Shares held indirectly through PLG Family Trust
Net buy shares reported
100,000 shares
Net buy direction across reported transactions
Key Terms
Section 16 reporting requirements, Purchase in open market or private transaction, indirect ownership, Rule 10b5-1 plan
4 terms
Section 16 reporting requirements regulatory
"being filed voluntarily by the reporting person who is not subject to Section 16 reporting requirements"
Purchase in open market or private transaction market
"transaction described as a Purchase in open market or private transaction"
indirect ownership financial
"ownership type recorded as indirect and nature of ownership Held by PLG Family Trust"
Rule 10b5-1 plan regulatory
"no Rule 10b5-1 plan is reported for these transactions"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CYBN (CYBIN INC.) report for Paul Glavine?
Paul Glavine, Chief Growth Officer of CYBIN INC., purchased 100,000 Common Shares on September 8, 2026 in a transaction described as a purchase in an open market or private transaction.
Is the CYBN Form 4 filing for Paul Glavine mandatory under Section 16?
No. The filing states it is being filed voluntarily and that the reporting person is not subject to Section 16 reporting requirements.
Was the CYBN insider trade made under a Rule 10b5-1 plan?
The document-level indicator shows no Rule 10b5-1 trading plan is reported for these transactions, and there are no footnotes indicating a pre-arranged plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
