CYBIN (CYBN) Chief Growth Officer Paul Glavine Buys 90,000 Shares

What Happened

• Paul Glavine, Chief Growth Officer of CYBIN Inc. (CYBN), made an open-market purchase of 90,000 shares on August 31, 2026. The shares were acquired at $11.59 per share for a total cash outlay of approximately $1,042,677. This was a straight purchase (transaction code P), not an option exercise or award.

Key Details

• Transaction date: 2026-08-31
• Transaction type: Open-market purchase (Code P)
• Price per share: $11.59
• Shares acquired: 90,000
• Total value: ~$1,042,677
• Shares owned after transaction: Not disclosed in this filing
• Filing: Form 4 was filed voluntarily on 2026-09-09; the reporting person states they are not subject to Section 16 reporting requirements

Context

• This was a direct purchase of common stock (no options exercised, no awards or gifts). Purchases by executives are often watched by investors as a signal of confidence, but filings are factual records and do not explain motivation. Because the filer noted the report is voluntary and not subject to Section 16, standard insider-timing rules may not apply here.