Oncology Institute (TOI) Director Kaushal Mohit Sells 95,719 Shares
$TOI · Oncology Institute, Inc.Research Summary
AI-generated summary of this SEC filing
Oncology Institute (TOI) Director Kaushal Mohit Sells 95,719 Shares
What Happened
Director Kaushal Mohit reported two open‑market sales of Oncology Institute, Inc. (TOI) stock under a Rule 10b5‑1 plan. He sold 57,286 shares on April 14, 2026 for roughly $200,598 (reported @ $3.50) and 38,433 shares on April 16, 2026 for roughly $134,535 (reported @ $3.50), totaling 95,719 shares and approximately $335,133 in proceeds. Sales are routine dispositions rather than purchases (not a bullish insider buy).
Key Details
- Transaction dates and reported prices:
- Apr 14, 2026 — 57,286 shares disposed, reported price $3.50 (footnote: VWAP $3.5017; actual trade prices ranged $3.50–$3.53).
- Apr 16, 2026 — 38,433 shares disposed, reported price $3.50 (footnote: VWAP $3.5005; actual trade prices ranged $3.50–$3.505).
- Total shares sold: 95,719; total proceeds ≈ $335,133.
- Sales were made pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Mohit on December 16, 2025 (pre‑arranged plan).
- The filer offered to provide detailed per‑price sale counts to the SEC upon request (per footnotes).
- Filing: Report filed Apr 16, 2026 covering sales on Apr 14 and Apr 16; appears to have been submitted within the required Form 4 timing windows (not marked late).
Context
A 10b5‑1 plan indicates these were pre‑scheduled sales, which are generally viewed as routine rather than signals of new insider sentiment. For retail investors, purchases by insiders tend to be more informative; sales can reflect diversification, tax planning, or other personal reasons rather than a view on company fundamentals.