Chernett Jorey 4
Research Summary
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Oncology Institute (TOI) 10% Owner Chernett Jorey Buys 18,000 Shares
What Happened Chernett Jorey, a reported 10% owner of Oncology Institute, Inc. (TOI), acquired 18,000 shares in open-market purchases on June 23, 2026. The filing reports a weighted average price of $5.02 per share for a total cash outlay of approximately $90,360. This transaction is a purchase (code P), i.e., an acquisition rather than a sale.
Key Details
- Transaction date: 2026-06-23 (filed 2026-06-24)
- Type: Open-market purchase (Form 4 code P)
- Price: Weighted average $5.02; individual trades ranged $5.02–$5.04 (per footnote)
- Shares purchased: 18,000; total value ≈ $90,360
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnote: F1 states the $5.02 price is a weighted average and that Mr. Chernett can provide a breakdown of the number of shares bought at each price on request
- Timeliness: Filing appears timely (reported date 6/23, filed 6/24); no late-filing flag shown
Context This was a straightforward open-market purchase by a substantial (10%) holder rather than an option exercise, award, or gift. Purchases by large holders can be informative to investors, but the filing does not state post-transaction holdings or the buyer’s intent; use this data point alongside other filings and fundamentals when evaluating the stock.