I-ON Digital director returns 89,998 shares to issuer

I-ON Digital Corp. director Patrick Joseph White disposed a total of 89,998 shares of common stock back to the company in two issuer transactions.

Rhea-AI Filing Summary

I-ON Digital Corp. director Patrick Joseph White disposed a total of 89,998 shares of common stock back to the company in two issuer transactions. On May 27, 2026, he returned 44,999 shares at $0.27 per share, followed by another 44,999 shares at $0.21 per share on May 29, 2026. After these dispositions to the issuer, he continues to hold 305,001 common shares directly.

Insider Trade Summary

Disposition: 89,998 shares

Disposition 2 txns

Insider White Patrick Joseph

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock	44,999	$0.21	$9K
Disposition	Common Stock	44,999	$0.27	$12K

Holdings After Transaction: Common Stock — 305,001 shares (Direct)

Footnotes (2)

1. F1. The securities acquired by the reporting person in this transaction are exempt from matching the securities sold by the reporting person on December 1, 2025 through December 11, 2025 pursuant to Rule 16a-2(a) of the Securities and Exchange Act of 1934 since the reporting person acquired those securities more than 6 months prior to becoming a director of the Issuer. The price reported in column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $0.19 to $2.67, inclusive. The reporting person undertakes to provide to I-ON Digital Corp, any security holder of I-ON Digital Corp or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 of this Form 4.
2. F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.20 to $0.22, inclusive. The reporting person undertakes to provide to I-ON Digital Corp, any security holder of I-ON Digital Corp or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 of this Form 4.

Key Figures

Shares disposed May 27, 2026: 44,999 shares Shares disposed May 29, 2026: 44,999 shares Total shares disposed: 89,998 shares +3 more

6 metrics

Shares disposed May 27, 2026 44,999 shares Disposition to issuer at $0.27 per share

Shares disposed May 29, 2026 44,999 shares Disposition to issuer at $0.21 per share

Total shares disposed 89,998 shares Sum of two issuer dispositions in May 2026

Holdings after final transaction 305,001 shares Common stock held directly after May 29, 2026

Price per share May 27, 2026 $0.27/share Issuer disposition of 44,999 common shares

Price per share May 29, 2026 $0.21/share Issuer disposition of 44,999 common shares

Key Terms

Disposition to issuer, Rule 16a-2(a), weighted average price

3 terms

Disposition to issuer financial

"transaction_code_description: Disposition to issuer"

Rule 16a-2(a) regulatory

"pursuant to Rule 16a-2(a) of the Securities and Exchange Act of 1934"

weighted average price financial

"The price reported in column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did I-ON Digital Corp. (IONI) disclose for Patrick Joseph White?

I-ON Digital Corp. reported that director Patrick Joseph White disposed 89,998 common shares back to the company in two issuer transactions. These dispositions reduced his holdings but he still directly owns 305,001 common shares after the reported activity.

On what dates did Patrick Joseph White dispose shares of IONI stock?

Patrick Joseph White disposed shares in two steps: 44,999 common shares on May 27, 2026, and another 44,999 common shares on May 29, 2026. Both transactions are coded as dispositions to the issuer rather than open-market sales.

At what prices were Patrick Joseph White’s IONI share dispositions executed?

The May 27, 2026 disposition of 44,999 I-ON Digital Corp. shares was at $0.27 per share. The May 29, 2026 disposition of another 44,999 shares was at $0.21 per share, according to the reported transaction prices in the Form 4.

How many I-ON Digital Corp. (IONI) shares does Patrick Joseph White hold after these transactions?

Following the reported dispositions to the issuer, Patrick Joseph White holds 305,001 shares of I-ON Digital Corp. common stock directly. This post-transaction holding figure comes from the Form 4 totals after the final May 29, 2026 entry.

Were Patrick Joseph White’s IONI transactions open-market sales or issuer dispositions?

The Form 4 classifies both transactions as “Disposition to issuer” rather than open-market sales. This means the 89,998 common shares were returned directly to I-ON Digital Corp., instead of being sold through public market trades to third-party buyers.

Does the IONI Form 4 mention weighted average prices or price ranges for these transactions?

A footnote explains that prices reported in the form can reflect a weighted average and that underlying trades occurred across price ranges. It notes that detailed breakdowns of shares at each price level are available from I-ON Digital Corp. or the reporting person upon request.

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

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Accepted by SEC EDGAR 06/05/2026 - 04:15 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

White Patrick Joseph

(Last) (First) (Middle)

1244 N. STONE STREET, UNIT #3

(Street)

CHICAGO, ILLINOIS 60610

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
I-ON Digital Corp. [ IONI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/27/2026	05/27/2026	D		44,999	A	$0.27(1)	350,000	D
Common Stock	05/29/2026	05/29/2026	D		44,999	D	$0.21(2)	305,001	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The securities acquired by the reporting person in this transaction are exempt from matching the securities sold by the reporting person on December 1, 2025 through December 11, 2025 pursuant to Rule 16a-2(a) of the Securities and Exchange Act of 1934 since the reporting person acquired those securities more than 6 months prior to becoming a director of the Issuer. The price reported in column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $0.19 to $2.67, inclusive. The reporting person undertakes to provide to I-ON Digital Corp, any security holder of I-ON Digital Corp or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 of this Form 4.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.20 to $0.22, inclusive. The reporting person undertakes to provide to I-ON Digital Corp, any security holder of I-ON Digital Corp or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 of this Form 4.

	/s/ Patrick J. White	06/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)