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

What Happened Paul Glavine, Chief Growth Officer of Cybin Inc. (CYBN), purchased 100,000 shares on September 8, 2026 at $12.47 per share, for a total cost of approximately $1,247,190. The Form 4 reports the transaction as a purchase (code "P") described as an open-market or private purchase. Because this was a buy rather than a sale, some investors view it as a more direct indication of the insider acquiring company stock.

Key Details

• Transaction date: 2026-09-08; Price: $12.47 per share; Shares acquired: 100,000; Total value: ~$1,247,190.
• Filing date: 2026-09-11. The filing states it was submitted voluntarily and the reporting person is not subject to Section 16 reporting requirements.
• Shares owned after the transaction: not reported on this Form 4.
• No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the provided filing text.

Context This is a straightforward purchase (code P). Purchases by executives can attract attention because they represent insiders committing personal capital, though they do not prove future company performance. The filer specifically notes the Form 4 is being filed voluntarily and is not subject to Section 16 timing rules, so the filing timeline may differ from mandatory insider reports.