Cybin (CYBN) CEO Michael Halstead Buys 100,000 Shares

What Happened

• Michael Halstead, CEO of Cybin Inc. (CYBN), acquired 100,000 shares on September 21, 2026. The reported weighted-average purchase price was $13.47, for a total outlay of $1,347,050. The Form 4 records this as an open-market purchase (transaction code P), which is a buy rather than a sale.

Key Details

• Transaction date: 2026-09-21.
• Reported price: weighted average $13.47 per share (total $1,347,050).
• Price range: purchases occurred at prices between $13.395 and $13.53 (see footnote F1 — the filing offers to provide a breakdown on request).
• Shares owned after transaction: not stated in the provided filing excerpt.
• Filing timeliness: Form 4 filed with accession date 2026-09-21 (same day as the transaction), indicating a timely report in this filing.

Context

• Purchases by executives are often watched by investors as a potential bullish signal, but they do not guarantee future performance. This filing reports straight share acquisitions (no option exercises, grants, or sales).
• The filing notes the $13.47 figure is a weighted average across multiple trades; exact counts at each price point are available from the filer on request per the footnote.