Yu Jeffrey 4

What Happened

• Jeffrey Yu, a reported 10% owner of OneMedNet Corp (ONMD), acquired a total of 1,123,043 shares on April 1, 2026. That consists of a $750,000 subscription purchase of 903,614 shares at $0.83/share and a grant/issuance of 219,429 shares (valued at $182,126) at the same $0.83 VWAP-based price. Net cash invested across both actions was about $932,126. These were purchases/awards (not sales).

Key Details

• Transaction dates and prices:
  • 2026-04-01 — Open market/private purchase (Code P): 903,614 shares @ $0.83, $750,000 (subscription agreement).
  • 2026-04-01 — Grant/award (Code A): 219,429 shares @ $0.83, $182,126 (issued in lieu of prior cash compensation).
• Total shares acquired: 1,123,043; total value: ~$932,126.
• Filing: Form 4 filed 2026-04-24 reporting transactions on 2026-04-01 (23 days later). Form 4s are generally due within 2 business days; this timing may indicate a late filing — review the filing for any timeliness code or explanation.
• Shares owned after transaction: not specified in the summary provided in this request; see the Form 4 for total beneficial ownership reported.
• Notable footnotes:
  • F1: $750k subscription agreement; shares priced using the 10-trading-day VWAP prior to purchase.
  • F2: 219,429 shares issued in lieu of prior cash compensation, priced using the 10-trading-day VWAP.
  • F3: Some shares are held in a trust with an independent trustee; Mr. Yu disclaims beneficial ownership of those trust-held shares per the filing.

Context

• Purchases and awards like these represent insider buying/acquisition activity (a purchase plus compensation conversion) rather than a sale; many retail investors view insider purchases as a potentially positive signal, though they do not guarantee future company performance.
• Because Mr. Yu is a reported 10% owner (not necessarily an executive role listed here), note that insider status may reflect significant ownership and different reporting rules; the filing’s footnotes and trust disclaimer may affect how much beneficial ownership he is considered to hold.