Terzis Georgios 4

What Happened Georgios Terzis, Chief Financial Officer of Cosmos Health (COSM), acquired 168,135 shares on June 16, 2026. The shares were issued at about $0.2498 per share (reported as $0.25), with a total value of $42,000. This was a purchase coded "P" and occurred through a debt-exchange agreement in which company debt owed to Mr. Terzis was converted into equity.

Key Details

• Transaction date: 2026-06-16; filing date: 2026-06-17 (timely filing).
• Transaction type/code: Purchase (P) via Debt Exchange Agreement.
• Price and totals: Exchange rate $0.2498/share (reported $0.25) for 168,135 shares = $42,000.
• Footnote: Shares are "Exchange Shares" issued under a June 16, 2026 Debt Exchange Agreement converting $42,000 of company debt into common stock.
• Shares owned after transaction: Not specified in the provided filing data.
• No indication this was a sale, tax withholding, or 10b5-1 plan.

Context This transaction converted an amount the company owed its CFO into equity rather than involving a cash purchase. Purchases by insiders can be interpreted differently than sales; converting debt into stock increases insider ownership without cash changing hands. The filing appears timely (filed one day after the transaction).