OneMedNet (ONMD) 10% Owner Jeffrey Yu Buys 142,857 Shares

What Happened
Jeffrey Yu, reported as a 10% owner of OneMedNet Corp (ONMD), acquired 142,857 shares on September 10, 2026 through a subscription (transaction code P). The filing shows an aggregate purchase amount of $90,000 at an implied price of $0.63 per share (VWAP-based valuation). This was a purchase (a cash investment into the company), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: September 10, 2026; Filing date (Form 4): September 14, 2026 (filed within the typical 2-business-day window).
• Reported price/value: 142,857 shares valued at $90,000; price shown as $0.63 per share (VWAP-derived).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Purchase made via a subscription agreement between the issuer and the reporting person for $90,000.
  • F2: Share value set using the issuer’s 10-day VWAP prior to the purchase date.
  • F3: Shares are held in a trust with an independent trustee; the reporting person disclaims beneficial ownership and does not have investment control over those shares.
• Filing timeliness: Filed on Sept 14 for a Sept 10 transaction; this is within the usual two-business-day Form 4 filing requirement.

Context
This was a private subscription (not an open-market trade) with price determined by the issuer’s 10-day VWAP rather than a negotiated per-share price. Because the shares are held in a trust with an independent trustee and the reporting person disclaims beneficial ownership per the filing, the acquisition may not reflect direct control over the shares by the reporting person. Also note the reporting person is a 10% owner (a large stakeholder), which differs from routine executive trading disclosures.