Cosmos Health (COSM) CFO Georgios Terzis Acquires 328,407 Shares

What Happened
Georgios Terzis, Chief Financial Officer of Cosmos Health Inc. (COSM), acquired 328,407 shares of common stock on July 29, 2026. The filing shows an acquisition (code A) of 328,407 shares at $0.18/share (total $60,000). A footnote clarifies these are "Exchange Shares" issued under a Debt Exchange Agreement, exchanged for $60,000 of debt the company owed to Mr. Terzis at an exchange rate / fair market value of $0.1827 per share.

Key Details

• Transaction date: 2026-07-29; Form 4 filed: 2026-07-30 (appears timely).
• Reported price: $0.18/share in the transaction table; footnote specifies the exchange rate / FMV was $0.1827/share.
• Shares acquired: 328,407; total value exchanged: $60,000 of debt converted into equity.
• Transaction type: A (Award/Other acquisition) via a Debt Exchange Agreement (see footnote F1).
• Shares owned after transaction: Not disclosed in the Form 4 (not provided in the filing).
• Filing notes: Footnote F1 explains the debt-for-equity exchange; no 10b5-1 plan, tax-withholding, or late‑filing flags are indicated.

Context
This was a debt-for-equity conversion: Mr. Terzis exchanged $60,000 of debt owed by Cosmos Health for newly issued shares at the agreed exchange rate. Such transactions do not involve a cash purchase on the open market but result in the insider increasing equity ownership while reducing company debt. The Form 4 is informational and does not state the insider’s motivations.