Chernett Jorey 4
Research Summary
AI-generated summary
Oncology Institute (TOI) 10% Owner Chernett Jorey Buys 25,000 Shares
What Happened
Chernett Jorey, listed as a 10% owner of Oncology Institute, Inc. (TOI), purchased 25,000 shares on 2026-03-20 in open-market/private purchase transactions. The filing reports a weighted average price of $3.35 per share, for a total value of $83,750. This was a purchase (code P), which investors often view as a more informative action than routine sales.
Key Details
- Transaction date: 2026-03-20; Form 4 filed: 2026-03-23 (filed within the 2-business-day Form 4 window).
- Reported price: weighted average $3.35 per share; total value $83,750.
- Price range: purchases occurred at prices ranging from $3.33 to $3.35 (footnote clarifies multiple transaction prices).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: The $3.35 figure is a rounded weighted average; Mr. Chernett can provide a breakdown of shares bought at each price on request.
- Insider status: Chernett Jorey is a 10% owner — a significant shareholder but not necessarily an executive.
Context
Purchases by insiders or large owners can signal confidence in the company, but they do not guarantee future performance. For 10% owners, purchases typically reflect investment/ownership decisions rather than compensation-related activity. This filing shows an outright purchase rather than an option exercise, gift, or award.