CYBIN (CYBN) CGO Paul Glavine Buys 100,000 Shares

What Happened

• Paul Glavine, Chief Growth Officer of CYBIN Inc. (CYBN), acquired 100,000 shares on 2026-09-03 at $11.78 per share, for a total transaction value of $1,178,280. The filing lists the transaction as a purchase (code P) — a direct share acquisition rather than an option exercise or award.

Key Details

• Transaction date and price: 2026-09-03 — 100,000 shares at $11.78 each.
• Transaction type: Purchase (open market or private purchase as indicated).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Filing timing/remarks: Form 4 was filed voluntarily on 2026-09-10; the reporting person notes they are not subject to Section 16 reporting requirements (the filing occurred seven days after the transaction).
• No derivative activity, 10b5-1 plan, tax withholding, or immediate resale noted in the filing.

Context

• This was a straight purchase of common stock (not an exercise, gift, or award). Purchases by officers can be interpreted by investors as a sign of confidence, but filings are factual records and do not explain motive. Because the filer states they are not subject to Section 16, this was a voluntary disclosure rather than a mandatory insider report.