Eightco (ORBS) CEO adds 200,000 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eightco Holdings Inc. CEO Kevin J. O'Donnell reported an open-market purchase of common stock. On June 11, 2026, he bought 200,000 shares at a weighted-average price of $0.9198 per share, increasing his direct common stock holdings to 1,246,485 shares.
The filing also lists a direct position in stock options covering 2,250,000 shares of common stock at an exercise price of $1.01 per share, expiring on March 11, 2036. These options vest in four equal annual installments beginning on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 200,000 shares ($183,960)
Net Buy
2 txns
Insider
O'Donnell Kevin J
Role
CEO
Bought
200,000 shs ($184K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 200,000 | $0.9198 | $184K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,246,485 shares (Direct, null);
Stock Option (Right to Buy) — 2,250,000 shares (Direct, null)
Footnotes (1)
- The price reported is a weighted-average price. These shares were purchased on the open market in multiple transactions at prices ranging from $0.9152 to $0.92, inclusive. The Reporting Person undertakes to provide full information regarding the number of shares purchased at each separate price within the range upon request of the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer. Stock options vest in four (4) equal annual installments of 25% each, beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Company through each applicable vesting date.
Key Figures
Common shares purchased: 200,000 shares
Purchase price: $0.9198 per share
Shares after transaction: 1,246,485 shares
+3 more
6 metrics
Common shares purchased
200,000 shares
Open-market purchase on June 11, 2026
Purchase price
$0.9198 per share
Weighted-average price for 200,000-share buy
Shares after transaction
1,246,485 shares
Direct common stock holdings following purchase
Option exercise price
$1.01 per share
Stock options on common stock
Underlying shares under options
2,250,000 shares
Common stock underlying stock options
Option expiration date
March 11, 2036
Stock Option (Right to Buy)
Key Terms
open-market purchase, Stock Option (Right to Buy), weighted-average price, vesting
4 terms
open-market purchase financial
"These shares were purchased on the open market in multiple transactions"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
weighted-average price financial
"The price reported is a weighted-average price."
vesting financial
"Stock options vest in four (4) equal annual installments of 25% each"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Eightco (ORBS) CEO Kevin O'Donnell report in this Form 4?
He reported buying 200,000 shares of Eightco common stock in the open market. The weighted-average purchase price was $0.9198 per share, and following this transaction his directly held common stock position increased to 1,246,485 shares.
What stock options for Eightco (ORBS) does the CEO hold according to this filing?
He holds stock options covering 2,250,000 underlying shares of Eightco common stock. These options have an exercise price of $1.01 per share and expire on March 11, 2036, with vesting in four equal annual 25% installments starting on the first grant anniversary.
Were the Eightco (ORBS) CEO’s purchases under a Rule 10b5-1 trading plan?
The filing footnotes describe the purchases as open-market transactions with a weighted-average price across a narrow range. They do not state that these trades were executed under a Rule 10b5-1 trading plan or other pre-arranged trading arrangement.