Insider at TON Strategy (TONX) buys 1,600 common shares in market trade

Rhea-AI Filing Summary

TON Strategy Co reported that its General Counsel and Corporate Secretary, Mary Marbach, made an open-market purchase of company stock. On this transaction date, she bought 1,600 shares of TON Strategy Co common stock at $3.52 per share.

After this purchase, Marbach directly holds 1,600 common shares. This filing reflects a relatively small insider buy by a senior legal officer, showing she has some personal capital invested in the company’s stock.

Insider Trade Summary

Net Buyer: 1,600 shares ($5,632)

Net Buy 1 txn

Insider Marbach Mary

Role General Counsel/Corp Secretary

Bought 1,600 shs ($6K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,600	$3.52	$6K

Holdings After Transaction: Common Stock — 1,600 shares (Direct, null)

Footnotes (1)

Key Figures

Shares purchased: 1,600 shares Purchase price: $3.52 per share Shares owned after transaction: 1,600 shares

3 metrics

Shares purchased 1,600 shares Open-market purchase of common stock

Purchase price $3.52 per share Price paid for TON Strategy Co common stock

Shares owned after transaction 1,600 shares Direct holdings following the reported trade

Key Terms

Common Stock, open-market purchase, Form 4

3 terms

Common Stock financial

"Mary Marbach purchased 1,600 shares of TON Strategy Co common stock"

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

"She reported an open-market purchase of 1,600 shares"

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.

Form 4 regulatory

"according to the Form 4 filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Marbach Mary

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel/Corp Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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)

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	05/15/2026		P		1,600	A	$3.52	1,600	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/ Mary Marbach	05/15/2026
	** 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 Co (TONX) disclose in this Form 4?

TON Strategy Co disclosed that General Counsel Mary Marbach bought 1,600 shares of common stock in an open-market transaction at $3.52 per share. Following this purchase, she directly owns 1,600 TON Strategy Co common shares according to the Form 4 filing.

Who is the insider involved in TON Strategy Co (TONX) latest Form 4 filing?

The insider is Mary Marbach, who serves as General Counsel and Corporate Secretary of TON Strategy Co. She reported an open-market purchase of 1,600 shares of the company’s common stock, resulting in direct ownership of 1,600 shares after the transaction.

How many TON Strategy Co (TONX) shares did the insider buy and at what price?

Mary Marbach purchased 1,600 shares of TON Strategy Co common stock at a price of $3.52 per share. The transaction was reported as an open-market purchase and brought her total directly owned shares to 1,600 after completion.

Is the TON Strategy Co (TONX) Form 4 transaction a buy or a sell?

The Form 4 transaction is a buy. General Counsel Mary Marbach executed an open-market purchase of 1,600 TON Strategy Co common shares at $3.52 per share and held 1,600 shares directly following this reported transaction, with no sales disclosed.

How large is Mary Marbach’s TON Strategy Co (TONX) position after the reported trade?

After the reported trade, Mary Marbach directly owns 1,600 shares of TON Strategy Co common stock. The Form 4 shows this as her total direct holdings immediately following her open-market purchase of the same 1,600 shares at $3.52 per share.