CYBIN (CYBN) Executive Chair Eric So Buys 95,000 Shares

What Happened So Eric H. L. (Eric So), Executive Chair and Director of CYBIN Inc. (CYBN), purchased 95,000 shares on 2026-09-01 at $11.80 per share, for a total reported cost of $1,121,475. The filing reports a purchase (transaction code P) via "open market or private purchase," which is a buy (generally viewed as a more bullish signal than a sale).

Key Details

• Transaction date: 2026-09-01
• Price and quantity: 95,000 shares at $11.80 each; total = $1,121,475
• Method: Reported as "open market or private purchase" (P)
• Shares owned after transaction: Not disclosed in this filing
• Filing: Form 4 was voluntarily filed on 2026-09-09; the reporting person notes they are not subject to Section 16 reporting requirements

Context This was a straightforward purchase (no options exercised or awards). Because the Form 4 was filed voluntarily and the reporting person states they are not subject to Section 16, the usual two-business-day reporting rule for insiders did not apply; the report appeared eight days after the trade. Retail investors may view insider purchases as informative but should combine this with broader company and market context before drawing conclusions.