4Filed Sep 10, 8:00 PM ET
Cybin (CYBN) Executive Chair Eric H. L. So Buys 100,000 Shares
$CYBN · CYBIN INC.Research Summary
AI-generated summary of this SEC filing
Cybin (CYBN) Executive Chair Eric H. L. So Buys 100,000 Shares
What Happened
Eric H. L. So, Executive Chair and Director of Cybin (CYBN), purchased 100,000 shares on 2026-09-08 at $12.39 per share in an open-market/private purchase, for a total of $1,238,670. This was a purchase (insider buying), which investors often view as a more informative signal than routine sales.
Key Details
- Transaction date and price: 2026-09-08 — 100,000 shares at $12.39/share.
- Total value: $1,238,670.
- Filing date: Form 4 filed on 2026-09-11. The filing notes the reporting person is not subject to Section 16 reporting requirements and this Form 4 was submitted voluntarily.
- Shares owned after transaction: not specified in the filing.
- No 10b5-1 plan, tax-withholding, option exercise, or gift language was disclosed in the remarks.
Context
The filing is a straightforward buy reported voluntarily by the insider who is not legally subject to Section 16 timing rules. Open-market purchases by executives can be interpreted by retail investors as a sign of confidence, but the filing itself contains no explanation of motive.