Schaffer Shane J. 4

What Happened

• Shane J. Schaffer, CEO of Cingulate Inc. (CING), reported purchases on 2026-02-06. He acquired 6,809 common shares at $5.04 each for a total of $34,317 and acquired 5,447 derivative securities (warrants) at $0.10 each for $545. The filings indicate these were part of the issuer’s private placement disclosed in the company’s 8‑K dated Jan 28, 2026. Purchases (code P) are typically a direct buy and can be viewed by some investors as a positive signal, though motivations aren’t stated.

Key Details

• Transaction date: 2026-02-06.
• Share purchases: 6,809 shares @ $5.04 = $34,317.
• Derivative acquisition: 5,447 warrants/derivative @ $0.10 = $545.
• Footnote highlights:
  • F1: Securities were acquired in the issuer's private placement (Form 8‑K, Jan 28, 2026).
  • F2: Reporting person disclaims beneficial ownership except to the extent of pecuniary interest; inclusion in the report isn’t an admission of full beneficial ownership.
  • F3: The warrant is exercisable only after stockholder approval of the private placement (per Nasdaq rules); expiration is 36 months after exercise.
• Shares owned after the transaction: not specified in this filing (the report includes a beneficial-ownership disclaimer).
• Filing: Form 4 filed Feb 10, 2026 — this appears timely (filed within the SEC’s two business-day window).

Context

• The second line item is a derivative (warrant) purchase: these warrants give the holder the right to buy stock later but are exercisable only if/when stockholder approval for the private placement is obtained; they are not immediately convertible into shares.
• These are purchases, not sales or option exercises; purchases by executives are often watched by retail investors as one data point on insider sentiment but do not by themselves prove future company performance.