TON Strategy Co (TONX) CFO & COO buys 7,440 shares in open market

Rhea-AI Filing Summary

TON Strategy Co CFO & COO Sarah Josephine Olsen purchased Common Stock in the open market. She bought 7,440 shares of TON Strategy Co Common Stock at a price of $3.62 per share. Following this purchase, she directly owns 7,440 shares of the company’s Common Stock.

Insider Trade Summary

Net Buyer: 7,440 shares ($26,933)

Net Buy 1 txn

Insider Olsen Sarah Josephine

Role CFO & COO

Bought 7,440 shs ($27K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	7,440	$3.62	$27K

Holdings After Transaction: Common Stock — 7,440 shares (Direct, null)

Footnotes (1)

Key Figures

Shares purchased: 7,440 shares Purchase price: $3.62 per share Shares owned after transaction: 7,440 shares +1 more

4 metrics

Shares purchased 7,440 shares Open-market purchase of Common Stock

Purchase price $3.62 per share Price paid for Common Stock

Shares owned after transaction 7,440 shares Direct ownership following purchase

Number of buy transactions 1 transaction Net-buy activity in this Form 4

Key Terms

Common Stock, open-market purchase, direct ownership, Form 4

4 terms

Common Stock financial

"She bought 7,440 shares of TON Strategy Co Common Stock at a price of $3.62 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

"The Form 4 characterizes it as an open-market purchase, with 7,440 shares bought at $3.62 per share."

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

"Following this purchase, she directly owns 7,440 shares of the company’s Common Stock."

Form 4 regulatory

"According to the Form 4 insider filing data."

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^*

Olsen Sarah Josephine

(Last) (First) (Middle)

C/O TON STRATEGY CO

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)
	CFO & COO

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)

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		7,440	A	$3.62	7,440	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/ Sarah Olsen	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 TONX executive Sarah Olsen report?

Sarah Josephine Olsen reported an open-market purchase of TON Strategy Co Common Stock. She bought 7,440 shares at $3.62 per share and now directly holds 7,440 shares, according to the Form 4 insider filing data.

What price did TONX’s CFO & COO pay per share in the Form 4 filing?

The CFO & COO paid $3.62 per share for TON Strategy Co Common Stock. The filing shows this as the transaction price for the 7,440 shares acquired in an open-market purchase on the reported transaction date.

How many TONX shares does Sarah Olsen own after the reported purchase?

After the reported transaction, Sarah Olsen directly owns 7,440 shares of TON Strategy Co Common Stock. The Form 4 states this total share count as her direct ownership following the 7,440-share open-market purchase.

Was the TONX insider transaction a purchase or a sale?

The transaction was a purchase of TON Strategy Co Common Stock. The Form 4 characterizes it as an open-market purchase, with 7,440 shares bought at $3.62 per share, and no sales reported in this filing.

Does the TONX Form 4 show any derivative security exercises?

The Form 4 does not show any derivative security exercises. It reports only a non-derivative transaction: an open-market purchase of 7,440 shares of TON Strategy Co Common Stock, with no options or other derivatives listed in the derivative summary.