Cybin officer reports 5.8% stake, 4.4M shares

Cybin’s Chief Growth Officer and an affiliated family trust report combined beneficial ownership of 5.8% of the company’s common shares.

Rhea-AI Filing Summary

Cybin Inc. (HELP) received a Schedule 13D reporting that Chief Growth Officer Paul Glavine, together with PLG Family Trust, beneficially owns 4,407,456 common shares, representing 5.8% of the outstanding common shares. Glavine has sole voting and dispositive power over 4,071,252 shares held directly and shared voting and dispositive power over 230,941 common shares and warrants exercisable for 105,263 common shares held through PLG Family Trust. PLG Family Trust itself reports beneficial ownership of 336,204 common shares, or 0.4% of the class, including shares underlying warrants. The holdings were acquired using personal funds, trust working capital, and employee incentive awards, and are held for investment purposes and as part of issuer employee incentive compensation.

Filing Explained

The new mechanics are a $1,042,677 common-share purchase and a 1,046,899-unit award; the filing does not state that the units were issued as shares.

The company’s September 9, 2026 Schedule 13D reports two dated insider transactions: a purchase of common shares on August 31, 2026 and an award of restricted stock units on September 1, 2026; the purchase is disclosed as shares acquired, while the award is not stated to be an issuance of common shares.

A Schedule 13D discloses ownership above 5%; here, the stated purpose is investment and employee incentive awards. The filing therefore distinguishes a completed share purchase from an award reported only as restricted stock units.

On August 31, 2026, Paul Glavine purchased $1,042,677 of common shares, comprising 90,000 shares at $11.5853 each. On September 1, 2026, the company awarded him 1,046,899 restricted stock units.

Key Figures

Beneficial ownership by Paul Glavine and PLG Family Trust: 4,407,456 shares Ownership percentage: 5.8% PLG Family Trust holdings: 336,204 shares +5 more

8 metrics

Beneficial ownership by Paul Glavine and PLG Family Trust 4,407,456 shares Aggregate amount beneficially owned, representing 5.8% of Cybin common shares

Ownership percentage 5.8% Percent of Cybin common shares represented by 4,407,456 shares

PLG Family Trust holdings 336,204 shares Beneficial ownership by PLG Family Trust, or 0.4% of the class

Recent share purchase 90,000 shares Cybin common shares purchased by Paul Glavine on August 31, 2026

Purchase price per share $11.5853 per share Price paid by Paul Glavine for 90,000 Cybin common shares on August 31, 2026

Total purchase amount $1,042,677 Total consideration for 90,000 Cybin shares purchased on August 31, 2026

Restricted stock units awarded 1,046,899 RSUs Restricted stock units awarded to Paul Glavine on September 1, 2026

Shares underlying warrants 105,263 shares Common shares underlying warrants held through PLG Family Trust

Key Terms

beneficially owned, restricted stock units, voting and dispositive authority, working capital, +1 more

5 terms

beneficially owned financial

"Aggregate amount beneficially owned by each reporting person 4,407,456.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

restricted stock units financial

"the Issuer awarded the Reporting Person 1,046,899 restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

voting and dispositive authority financial

"sole voting and dispositive authority over 4,071,252 common shares"

working capital financial

"PLG Family Trust's holdings were acquired using working capital of PLG Family Trust"

Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.

warrants exercisable financial

"warrants exercisable for 105,263 common shares held through PLG Family Trust"

FAQ

What percentage of Cybin Inc. (HELP) does Paul Glavine report owning in this Schedule 13D?

Paul Glavine, together with PLG Family Trust, reports beneficial ownership of 5.8% of Cybin Inc.’s common shares, representing 4,407,456 shares over which he has sole or shared voting and dispositive power.

How many Cybin (HELP) shares does Paul Glavine directly and indirectly control?

Paul Glavine has sole voting and dispositive power over 4,071,252 Cybin common shares and shared voting and dispositive power over 230,941 common shares and warrants for 105,263 common shares held through PLG Family Trust, totaling 4,407,456 shares beneficially owned.

What is the PLG Family Trust’s reported ownership in Cybin Inc. (HELP)?

PLG Family Trust reports beneficial ownership of 336,204 Cybin common shares, representing 0.4% of the outstanding class. This includes 105,263 common shares underlying warrants held by the trust.

What recent Cybin (HELP) share transactions did Paul Glavine report?

On August 31, 2026, Paul Glavine purchased 90,000 Cybin common shares at $11.5853 per share for a total of $1,042,677. On September 1, 2026, he was awarded 1,046,899 restricted stock units by Cybin.

Why does Paul Glavine hold Cybin Inc. (HELP) securities according to the filing?

The filing states that Paul Glavine and PLG Family Trust hold Cybin securities for investment purposes and as part of issuer employee incentive awards, reflecting both personal investment and compensation-related holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/09/2026 - 11:11 AM Accepted by SEC EDGAR 09/09/2026 - 11:11 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

Cybin Inc.

(Name of Issuer)

Common Shares, No Par Value

(Title of Class of Securities)

23256X407

(CUSIP Number)

Richard Raymer
Dorsey & Whitney LLP, 66 Wellington Street West, Suite 3400
Toronto, A6, M5K 1E6
(416) 367-7370

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

09/01/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 23256X407

1

Name of reporting person

Glavine Paul

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 4,071,252.00
8	Shared Voting Power 336,204.00
9	Sole Dispositive Power 4,071,252.00
10	Shared Dispositive Power 336,204.00

11

Aggregate amount beneficially owned by each reporting person

4,407,456.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

5.8 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP Number(s): 23256X407

1

Name of reporting person

PLG Family Trust

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 336,204.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 336,204.00

11

Aggregate amount beneficially owned by each reporting person

336,204.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.4 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Includes 105,263 common shares underlying warrants.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Shares, No Par Value
(b)	Name of Issuer: Cybin Inc.
(c)	Address of Issuer's Principal Executive Offices: 100 King Street West, Suite 5600, Toronto, ONTARIO, CANADA , M5X 1C9.
Item 2.	Identity and Background
(a)	i) Paul Glavine (the "Reporting Person") ii) PLG Family Trust Collectively, the "Reporting Persons."
(b)	c/o Cybin Inc. 100 King Street West, Suite 5600 Toronto, Ontario M5X 1C9
(c)	The Reporting Person is the Chief Growth Officer of the Issuer. The Reporting Person is a trustee of the PLG Trust.
(d)	The Reporting Persons have not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)	The Reporting Persons have not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	i) As to the Reporting Person - Canadian ii) As to PLG Family Trust - Ontario, Canada
Item 3.	Source and Amount of Funds or Other Consideration
	The Reporting Person's holdings were acquired by the Reporting Persons using personal funds or through company employee incentive awards. PLG Family Trust's holdings were acquired using working capital of PLG Family Trust.
Item 4.	Purpose of Transaction
	Investment purposes and Issuer employee incentive awards
Item 5.	Interest in Securities of the Issuer
(a)	5.8%
(b)	The Reporting Person has sole voting and dispositive authority over 4,071,252 common shares held directly by the Reporting Person and shared voting and dispositive authority over 230,941 common shares and warrants exercisable for 105,263 common shares held through PLG Family Trust.
(c)	On August 31, 2026, the Reporting Person purchased 90,000 Issuer common shares at a purchase price of $11.5853 per share for a total of $1,042,677. On September 1, 2026, the Issuer awarded the Reporting Person 1,046,899 restricted stock units.
(d)	Not applicable
(e)	Not applicable
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	None
Item 7.	Material to be Filed as Exhibits.
	None

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Glavine Paul

Signature:	/s/ Paul Glavine
Name/Title:	Chief Growth Officer
Date:	09/09/2026