TON Strategy Co 8-K

What Happened
TON Strategy Co (TONX) announced on July 1, 2026 that it has entered into a Rule 10b5-1 trading plan to facilitate repurchases of its common stock during a two-month period beginning July 1, 2026. The Plan was established under the company’s previously announced $250 million stock repurchase authorization (announced September 3, 2025). Virtu Financial will act as the executing broker. A press release describing the Plan was attached to the company’s Form 8-K (Exhibit 99.1).

Key Details

• Rule 10b5-1 trading plan active for a two-month period beginning July 1, 2026.
• Repurchases will be made under the company’s existing $250 million authorization announced September 3, 2025.
• Virtu Financial named as the executing broker for the Plan.
• Announcement disclosed via press release filed as Exhibit 99.1 to the Form 8-K.

Why It Matters
A Rule 10b5-1 plan lets the company buy shares according to a predetermined schedule or formula, reducing timing uncertainty around repurchases. For investors, this is a concrete step to use the previously authorized $250 million repurchase capacity; share buybacks can reduce outstanding shares and are a way companies return capital to shareholders. The 8-K provides the formal disclosure required under Regulation FD and informs the market who will execute the trades (Virtu Financial).