Cybin officer buys 90,000 shares at $11.59
Cybin’s Chief Growth Officer voluntarily disclosed an open-market purchase of 90,000 shares, increasing both his direct and family-trust holdings.
Rhea-AI Filing Summary
CYBIN INC. (HELP) reports that Chief Growth Officer Paul Glavine purchased 90,000 Common Shares on August 31, 2026 at $11.5853 per share in an open-market or private transaction. After this buy, he holds 4,071,252 Common Shares directly and 230,941 shares indirectly through the PLG Family Trust. No Rule 10b5-1 trading plan is reported, and the filing is made voluntarily, as he is not subject to Section 16 reporting requirements.
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Insights
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Insider Trade Summary
Net Buyer: 90,000 shares
Net Buy
2 txns
Insider
Glavine Paul
Role
Chief Growth Officer
Bought
90,000 shs ($1.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 90,000 | $11.5853 | $1.04M |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 4,071,252 shares (Direct);
Common Shares — 230,941 shares (Indirect, Held by PLG Family Trust)
Key Figures
Shares purchased: 90,000 shares
Purchase price per share: $11.5853 per share
Direct holdings after transaction: 4,071,252 shares
+2 more
5 metrics
Shares purchased
90,000 shares
Common Shares acquired on August 31, 2026
Purchase price per share
$11.5853 per share
Common Share purchase on August 31, 2026
Direct holdings after transaction
4,071,252 shares
Common Shares directly owned by Paul Glavine after August 31, 2026 purchase
Indirect holdings
230,941 shares
Common Shares held indirectly through PLG Family Trust
Net buy shares
90,000 shares
Net of reported buy and sell transactions in this Form 4
Key Terms
Section 16 reporting requirements, Rule 10b5-1, Common Shares, indirect ownership
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 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
indirect ownership financial
"shares held indirectly through the PLG Family Trust"
FAQ
What insider transaction did CYBIN INC. (HELP) report for Paul Glavine?
Paul Glavine, Chief Growth Officer, purchased 90,000 Common Shares of CYBIN INC. on August 31, 2026 in an open-market or private transaction at $11.5853 per share, increasing his reported holdings.
Are any of Paul Glavine’s CYBN (HELP) holdings indirect?
Yes. In addition to his direct holdings, the Form 4 reports 230,941 Common Shares held indirectly through the PLG Family Trust, reflecting family-trust ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.