Tonix CEO buys 5,000 shares in open market
Tonix Pharmaceuticals Holding Corp. director and Chief Executive Officer Seth Lederman reported an indirect open-market purchase of 5,000 shares of common stock on March 31, 2026 through an IRA account.
Rhea-AI Filing Summary
Tonix Pharmaceuticals Holding Corp. director and Chief Executive Officer Seth Lederman reported an indirect open-market purchase of 5,000 shares of common stock on March 31, 2026 through an IRA account. The weighted average purchase price was about $12.62 per share, from trades between $12.5699 and $12.625.
Following this transaction, the IRA account holds 20,001 shares indirectly, while Lederman also holds 4,005 shares directly and 1 share indirectly through Lederman & Co., an entity for which he may be deemed a control person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
3 txns
Insider
LEDERMAN SETH
Role
Chief Executive Officer
Bought
5,000 shs ($63K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.001 par value | 5,000 | $12.62 | $63K |
| holding | Common Stock, $0.001 par value | -- | -- | -- |
| holding | Common Stock, $0.001 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.001 par value — 20,001 shares (Indirect, By IRA Account);
Common Stock, $0.001 par value — 4,005 shares (Direct);
Common Stock, $0.001 par value — 1 shares (Indirect, Lederman & Co.)
Footnotes (2)
- F1. Represents the weighted average purchase price of shares purchased in a series of open market transactions on the transaction date at prices ranging from $12.5699 to $12.625 per share. The Reporting Persons undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
- F2. Reporting person may be deemed a control person of this entity.
Key Figures
Open-market purchase size: 5,000 shares
Weighted average purchase price: $12.62 per share
IRA holdings after transaction: 20,001 shares
+3 more
6 metrics
Open-market purchase size
5,000 shares
Common stock bought on March 31, 2026
Weighted average purchase price
$12.62 per share
Series of open-market trades on transaction date
IRA holdings after transaction
20,001 shares
Indirect ownership via IRA account
Direct holdings after transaction
4,005 shares
Directly owned common stock
Lederman & Co. indirect holdings
1 share
Indirect ownership through Lederman & Co.
Price range of trades
$12.5699–$12.625 per share
Footnote describing open-market purchase range
Key Terms
open market transactions, weighted average purchase price, indirect ownership, IRA Account, +1 more
5 terms
open market transactions financial
"shares purchased in a series of open market transactions on the transaction date"
Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.
weighted average purchase price financial
"Represents the weighted average purchase price of shares purchased"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
indirect ownership financial
"indirect or indirect ownership is shown with ownership_type "indirect""
IRA Account financial
"nature_of_ownership": "By IRA Account""
control person financial
"Reporting person may be deemed a control person of this entity"
A control person is an individual or entity that can significantly influence a company’s decisions and direction through ownership, voting power, or contractual rights—think of them as the captain who can steer the ship. Investors care because a control person’s choices affect corporate strategy, board appointments, and transactions that can raise or lower a stock’s value, and they often carry additional legal responsibilities and disclosure requirements to protect other shareholders.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tonix (TNXP) report for CEO Seth Lederman?
Tonix reported that CEO Seth Lederman indirectly bought 5,000 shares of common stock in an open-market transaction. The purchase was made through an IRA account and reflects additional personal exposure to Tonix equity at a weighted average price of about $12.62.
What does the Lederman & Co. reference mean in the Tonix (TNXP) filing?
The filing notes 1 share of Tonix common stock is held indirectly through Lederman & Co., and Seth Lederman may be deemed a control person of this entity. This clarifies that a small portion of his holdings is through a related entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
