Reborn Coffee (REBN) CEO Lim Jung Jae Buys 131,387 Shares

What Happened

• Lim Jung Jae, CEO, Interim CFO and a director of Reborn Coffee, reported a purchase of 131,387 shares on 2026-07-14. The reported price was $180,000.00 per share for a total reported value of $23,649,660,000 (~$23.65B). The Form 4 lists the transaction code P (purchase).

Key Details

• Transaction date and price: 2026-07-14 at $180,000.00 per share.
• Total reported value: $23,649,660,000 (~$23.65 billion).
• Transaction type: P = Purchase; filing describes it as "Open market or private purchase" (Form 4 does not specify which).
• Shares owned after transaction: Not specified in the filed Form 4.
• Filing date and timeliness: Form 4 was filed 2026-08-06 for a 2026-07-14 trade — appears to be filed late (transactionTimeliness = 'L').
• Footnotes: None noted on the filing.

Context

• This was an outright purchase of common stock (not an option exercise or gift). Insider purchases are often watched by investors as a potential bullish signal, but a single trade is not proof of future performance.
• The reported dollar amount is unusually large; if details seem atypical, retail investors may want to review the full Form 4, other company filings, or contact investor relations for clarification.