Director Evan Sohn buys TON Strategy (TONX) shares in open market

Rhea-AI Filing Summary

TON Strategy Co director Evan Sohn reported an open-market purchase of company stock. On May 14, 2026, he bought 2,770 shares of TON Strategy Co Common Stock at $3.585 per share. Following this transaction, he directly owns 5,399 Common Stock shares.

Insider Trade Summary

Net Buyer: 2,770 shares ($9,930)

Net Buy 1 txn

Insider Sohn Evan

Role null

Bought 2,770 shs ($10K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	2,770	$3.585	$10K

Holdings After Transaction: Common Stock — 5,399 shares (Direct, null)

Footnotes (1)

Key Figures

Shares purchased: 2,770 shares Purchase price: $3.585 per share Shares owned after: 5,399 shares

3 metrics

Shares purchased 2,770 shares Common Stock bought on May 14, 2026

Purchase price $3.585 per share Open-market purchase of Common Stock

Shares owned after 5,399 shares Direct Common Stock holdings post-transaction

Key Terms

Common Stock, open-market purchase, direct ownership

3 terms

Common Stock financial

"he bought 2,770 shares of TON Strategy Co Common Stock at $3.585 per share"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

open-market purchase financial

"director Evan Sohn reported an open-market purchase of company stock"

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.

direct ownership financial

"he directly owns 5,399 Common Stock shares"

Form 4 Insider Transactions: What Each Field Means →

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^*

Sohn Evan

(Last) (First) (Middle)

C/O TON STRATEGY COMPANY

2300 W. SAHARA AVENUE, SUITE 800

(Street)

LAS VEGAS NEVADA 89102

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TON Strategy Co [ TONX ]

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)
05/14/2026

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)
05/15/2026

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	05/14/2026		P		2,770	A	$3.585	5,399	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:

	/s/ Evan Sohn	05/14/2026
	** 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)

FAQ

What insider transaction did TON Strategy (TONX) disclose for Evan Sohn?

TON Strategy disclosed that director Evan Sohn executed an open-market purchase of 2,770 Common Stock shares at $3.585 per share on May 14, 2026, increasing his direct holdings to 5,399 shares following the transaction.

How many TON Strategy (TONX) shares does Evan Sohn own after this Form 4/A?

After the reported transaction, director Evan Sohn directly owns 5,399 TON Strategy Common Stock shares. This reflects the addition of 2,770 shares acquired through an open-market purchase at $3.585 per share on May 14, 2026.

Was the TON Strategy (TONX) Form 4/A transaction a purchase or sale?

The Form 4/A shows a purchase. Director Evan Sohn completed an open-market buy of 2,770 TON Strategy Common Stock shares at $3.585 per share, bringing his direct ownership to a total of 5,399 shares after the transaction.

What price did Evan Sohn pay for TON Strategy (TONX) shares in the latest filing?

Evan Sohn paid $3.585 per share for TON Strategy Common Stock in an open-market transaction. He acquired 2,770 shares at this price, and his direct ownership position increased to 5,399 shares after the May 14, 2026 purchase.

Is Evan Sohn’s TON Strategy (TONX) holding direct or indirect after the Form 4/A?

The filing classifies Evan Sohn’s post-transaction ownership of 5,399 TON Strategy Common Stock shares as direct. The transaction was reported with a direct ownership code, indicating the shares are held in his own name rather than through an intermediary entity.