Cybin chair buys 95,000 shares in open market
Rhea-AI Filing Summary
CYBIN INC. (HELP) reports that Executive Chair Eric H. L. So voluntarily filed a Form 4 disclosing an open-market purchase of 95,000 Common Shares on September 1, 2026 at $11.805 per share. Following this transaction, he holds 4,265,014 Common Shares directly and 53,616 Common Shares indirectly through his spouse. No Rule 10b5-1 trading plan is reported, and the filing notes he is not otherwise subject to Section 16 reporting requirements.
Positive
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 95,000 shares
Net Buy
2 txns
Insider
So Eric H. L.
Role
Executive Chair
Bought
95,000 shs ($1.12M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 95,000 | $11.805 | $1.12M |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 4,265,014 shares (Direct);
Common Shares — 53,616 shares (Indirect, Held by spouse)
Key Figures
Shares purchased: 95,000 Common Shares
Purchase price per share: $11.805 per share
Direct holdings after transaction: 4,265,014 Common Shares
+2 more
5 metrics
Shares purchased
95,000 Common Shares
Open-market or private purchase on September 1, 2026
Purchase price per share
$11.805 per share
Price reported for the 95,000-share purchase on September 1, 2026
Direct holdings after transaction
4,265,014 Common Shares
Direct ownership of Eric H. L. So following the reported purchase
Indirect holdings after transaction
53,616 Common Shares
Indirect ownership described as held by spouse
Net buy shares reported
95,000 shares
Net buy direction across transactions in this Form 4
Key Terms
Section 16 reporting requirements, Rule 10b5-1 trading plan, indirect ownership, open market or private transaction
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 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for the purchase"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
indirect ownership financial
"Indirect ownership is described as held by spouse"
open market or private transaction market
"Purchase in open market or private transaction for 95,000 shares"
FAQ
What insider transaction did CYBIN INC. (HELP) disclose for Executive Chair Eric H. L. So?
CYBIN INC. disclosed that Executive Chair Eric H. L. So purchased 95,000 Common Shares on September 1, 2026 in an open-market or private transaction at $11.805 per share, according to a voluntarily filed Form 4.
Is Eric H. L. So required to file Section 16 reports for CYBIN INC. (HELP)?
The Form 4 states that it is being filed voluntarily and that Eric H. L. So is not subject to Section 16 reporting requirements, meaning he is not required but chose to report the transaction.
How are Eric H. L. So’s indirect holdings in CYBIN INC. (HELP) characterized?
The Form 4 lists an indirect holding of 53,616 Common Shares for Eric H. L. So, with the nature of ownership described as “Held by spouse”, indicating those shares are attributed through his spouse.
AI-generated analysis. How Rhea-AI works. Not financial advice.