OneMedNet (ONMD) CMO invests $100K, buying 172,414 new common shares
Rhea-AI Filing Summary
OneMedNet Corp Chief Medical Officer Jeffrey Yu made a substantial open-market purchase of company stock. On June 16, 2026, he bought 172,414 shares of common stock at $0.58 per share under a subscription agreement for a $100,000 investment.
Following this purchase, Yu directly holds 8,621,680 shares of OneMedNet common stock. The filing also reports 1,311,970 shares held indirectly in a trust for his children with an independent trustee, for which he has no investment control and disclaims beneficial ownership.
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Insights
CMO makes a $100,000 open-market buy, increasing direct holdings.
The filing shows Jeffrey Yu, Chief Medical Officer and a more than 10% owner, entered a subscription agreement on June 16, 2026 for a $100,000 investment, buying 172,414 common shares at $0.58 per share.
After this transaction, his direct ownership rises to 8,621,680 shares, while an additional 1,311,970 shares sit in a children’s trust with an independent trustee. The filing states he has no investment control over those trust shares and expressly disclaims beneficial ownership.
This is a clear open-market purchase, not an option exercise or tax event, which often signals insider conviction. However, the overall impact depends on the company’s total share count, which is not provided in this excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 172,414 | $0.58 | $100K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- On June 16, 2026, the issuer entered into a subscription agreement with the reporting person for a $100,000 investment in the issuer. The shares are held by trust with an independent trustee, in which the reporting person has no investment control. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or for any other purpose.