Yu Jeffrey 4

What Happened

Jeffrey Yu, listed as a 10% owner of OneMedNet Corp (ONMD), acquired 158,730 shares on June 23, 2026 at $0.63 per share for a total investment of $100,000. The transaction is reported as a purchase (code P) and was effected via a subscription agreement with the issuer — a private investment rather than a typical open-market trade.

Key Details

• Transaction date and price: June 23, 2026 — 158,730 shares at $0.63 each (total $100,000).
• Transaction type: Purchase (subscription/private placement) per footnote.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: The purchase was made under a subscription agreement for a $100,000 investment.
  • F2: The shares are held in a trust with an independent trustee; Mr. Yu disclaims beneficial ownership and states he has no investment control over those trust-held shares.
• Filing timeliness: Report filed June 24, 2026 (the day after the transaction), which appears timely under Section 16 reporting windows.

Context

This was a purchase by a 10% owner via a private subscription. Purchases can be interpreted as a constructive signal of support, but here the trust arrangement and Mr. Yu’s disclaimer of beneficial ownership mean the filing does not necessarily reflect direct investment control or ordinary insider buying behavior. Retail investors should note the trust/disclaimer when assessing the significance of this disclosure.