Sentient Brands (SNBH) treasurer buys shares outside 10b5-1 plan
Rhea-AI Filing Summary
SENTIENT BRANDS HOLDINGS INC. (SNBH) director and Treasurer Derek Michael Wyman reported open-market purchases of the company’s common stock. On August 14, 2026, he bought 600 shares at $0.29 per share, and on August 17, 2026, he bought 325 shares at $0.26 per share. After these transactions, he directly holds 925 shares of common stock in a brokerage account. The company notes the trades were not made pursuant to a Rule 10b5-1(c) trading plan. He was appointed a director and Treasurer effective June 16, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 925 shares
Net Buy
2 txns
Insider
Wyman Derek Michael
Role
Treasurer
Bought
925 shs ($258.50)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.001 per share F3, F4, F5 | 325 | $0.26 | $84.50 |
| Purchase | Common Stock, par value $0.001 per share F1, F2, F5 | 600 | $0.29 | $174.00 |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 925 shares (Direct)
Footnotes (5)
- F1. The shares were purchased in a single open-market transaction at a price of $0.29 per share. The price reported excludes brokerage commissions.
- F2. Consists of 600 shares acquired in the transaction reported herein.
- F3. The shares were purchased in a single open-market transaction at a price of $0.26 per share. The price reported excludes brokerage commissions.
- F4. Consists of 925 shares of common stock held directly by the Reporting Person, being the 600 shares reported on the preceding line plus the 325 shares acquired in the transaction reported on this line.
- F5. Shares are held in a brokerage account in the name of the Reporting Person.
Key Figures
Shares purchased on 2026-08-14: 600 shares
Price on 2026-08-14: $0.29 per share
Shares purchased on 2026-08-17: 325 shares
+3 more
6 metrics
Shares purchased on 2026-08-14
600 shares
Open-market purchase of common stock at $0.29 per share
Price on 2026-08-14
$0.29 per share
Open-market purchase of 600 shares; price excludes brokerage commissions
Shares purchased on 2026-08-17
325 shares
Open-market purchase of common stock at $0.26 per share
Price on 2026-08-17
$0.26 per share
Open-market purchase of 325 shares; price excludes brokerage commissions
Total shares acquired in reported trades
925 shares
Net buy shares across two transactions as summarized in transactionSummary
Direct holdings after transactions
925 shares
Common stock held directly in a brokerage account by the reporting person
Key Terms
Rule 10b5-1(c), open-market transaction, par value, brokerage account
4 terms
Rule 10b5-1(c) regulatory
"intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)"
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
open-market transaction financial
"The shares were purchased in a single open-market transaction at a price"
An open-market transaction is a buy or sell of a company's shares or other securities conducted on a public exchange at the current market price, rather than through a private agreement. Investors watch these trades because they change the number of shares available and can move the price immediately—similar to how a large purchase at a busy store can raise demand and affect the checkout price—so such activity can signal market sentiment and alter ownership stakes.
par value financial
"Common Stock, par value $0.001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
brokerage account financial
"Shares are held in a brokerage account in the name of the Reporting Person"
FAQ
What insider transactions did SNBH director Derek Michael Wyman report?
Derek Michael Wyman reported two open-market purchases of SENTIENT BRANDS HOLDINGS INC. common stock, totaling 925 shares. The trades occurred on August 14, 2026 and August 17, 2026, at prices of $0.29 and $0.26 per share, respectively.
At what prices did Derek Michael Wyman buy SNBH stock?
He purchased SNBH common stock at $0.29 per share for 600 shares on August 14, 2026 and at $0.26 per share for 325 shares on August 17, 2026. Footnotes clarify each was a single open-market transaction, excluding brokerage commissions.
Were Derek Michael Wyman’s SNBH trades under a Rule 10b5-1 plan?
No. The company states the reported transaction was not made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). This indicates the trades were not executed under a pre-arranged trading plan.
What is Derek Michael Wyman’s role at SENTIENT BRANDS HOLDINGS INC. (SNBH)?
Derek Michael Wyman serves as a director and Treasurer of SENTIENT BRANDS HOLDINGS INC. The company notes that his appointment to these roles was effective June 16, 2026. The reported share purchases reflect his direct holdings as an officer and director.
AI-generated analysis. How Rhea-AI works. Not financial advice.