CYBIN (CYBN) Chief Growth Officer Paul Glavine Buys 100,000 Shares

What Happened Paul Glavine, Chief Growth Officer of Cybin Inc. (CYBN), acquired 100,000 shares on 2026-09-08 at $12.47 per share in an open-market/private purchase (code P), for a total cost of $1,247,190. This was a straight purchase (not an exercise, award, or gift); purchases are often viewed by investors as potentially bullish, though no motive is stated.

Key Details

• Transaction date: 2026-09-08; Price: $12.47 per share; Shares acquired: 100,000; Total value: $1,247,190.
• Report filed: 2026-09-11. The filing remarks state it was submitted voluntarily and that the reporting person is not subject to Section 16 reporting requirements.
• Shares owned after transaction: not reported in this Form 4.
• No footnotes indicating a 10b5-1 plan, tax withholding, or derivative/option activity were included.

Context This was a direct purchase (transaction code P), not an option exercise or other derivative transaction. Because the filer notes they are not subject to Section 16, this Form 4 was filed voluntarily; investors should be aware the timing and reporting obligations differ from standard insider reports. As always, purchases signal only that the insider acquired stock, not why.