# TON Strategy Company (TONX) insider trading

> In the 12 months to Nov 12, 2026, 3 TONX insiders reported open-market sales of $3.4M across 7 filings; 4 insiders bought $91.7K.

Canonical: https://massive.com/quote/tonx/insider-trading
Latest filing: 2026-11-04 (last 12 months; source: SEC EDGAR)
Source: Massive (https://massive.com/docs/llms.txt)

## Summary

| Measure | Value | Detail |
| --- | --- | --- |
| Open-market sales | $3.4M | 7 filings · 3 insiders |
| Open-market purchases | $91.7K | 5 filings |

## Open-market trades by insider

| Insider | Role | Sold | Bought | Filings | Pre-arranged (10b5-1) | Last filed |
| --- | --- | --- | --- | --- | --- | --- |
| Rory J. Cutaia | Director | $2.7M | — | 5 | — | 2025-12-16 |
| Sarah Josephine Olsen | CFO & COO | $598.7K | $26.9K | 2 | — | 2026-08-17 |
| Kevin Mark Wilson | Chief Executive Officer | — | $49.2K | 2 | — | 2026-08-14 |
| Bill John Rivard | Chief Accounting Officer | $41.3K | — | 1 | — | 2026-09-08 |
| Evan Sohn | Director | — | $9.9K | 1 | — | 2026-05-15 |
| Mary Marbach | General Counsel/Corp Secretary | — | $5.6K | 1 | — | 2026-05-15 |

## Open-market trades by filing

12 filings in the last 12 months, newest first.

| Filed | Traded | Insider | Role | Type | Shares | Avg price | Value | Held after | Filing |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2026-09-08 | 2026-09-04 | Bill John Rivard | Chief Accounting Officer | Sale | 12,500 | $3.30 | $41.3K | 45,331 | — |
| 2026-08-17 | 2026-08-14 | Sarah Josephine Olsen | CFO & COO | Sale | 217,450 | $2.75 | $598.7K | 1,310,490 | — |
| 2026-08-14 | 2026-08-13 | Kevin Mark Wilson | Chief Executive Officer | Purchase | 7,300 | $2.71 | $19.8K | 1,150,920 | — |
| 2026-05-15 | 2026-05-14 | Evan Sohn | Director | Purchase | 2,770 | $3.59 | $9.9K | 5,399 | — |
| 2026-05-15 | 2026-05-14 | Kevin Mark Wilson | Chief Executive Officer | Purchase | 8,020 | $3.66 | $29.4K | 8,020 | — |
| 2026-05-15 | 2026-05-15 | Mary Marbach | General Counsel/Corp Secretary | Purchase | 1,600 | $3.52 | $5.6K | 1,600 | — |
| 2026-05-14 | 2026-05-14 | Sarah Josephine Olsen | CFO & COO | Purchase | 7,440 | $3.62 | $26.9K | 7,440 | — |
| 2025-12-16 | 2025-12-15 | Rory J. Cutaia | Director | Sale | 88,626 | $2.57 | $227.6K | 12,506 | — |
| 2025-12-12 | 2025-12-03 | Rory J. Cutaia | Director | Sale | 78,600 | $3.47 | $272.4K | 252,581 | — |
| 2025-12-12 | 2025-12-10 | Rory J. Cutaia | Director | Sale | 151,449 | $3.05 | $462.0K | 101,132 | — |
| 2025-12-02 | 2025-11-28 | Rory J. Cutaia | Director | Sale | 177,749 | $3.16 | $561.6K | 331,181 | — |
| 2025-11-26 | 2025-11-24 | Rory J. Cutaia | Director | Sale | 390,940 | $3.08 | $1.2M | 508,930 | — |

## Other insider activity (not market trades)

- Tax withholding (sold to cover): 4 records
- Grants and awards: 11 records
- Other: 6 records

Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.

## How to read this page

- **Open-market purchase or sale**: A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
- **Filing date**: Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.
- **Counted once**: When several owners (a fund and its partners, say) report the same trade, it's counted once. Corrected filings replace the originals.

## FAQ

### Has the TON Strategy Company's CEO sold stock?

No. Kevin Mark Wilson (CEO) made no open-market sales filed as CEO in the last 12 months.

### How current is TONX’s insider data?

These are TONX Form 4 filings from the last year, refreshed daily. The Massive Form 4 API has the full, continuously updated record.

### What counts as an open-market buy or sell?

Only purchases and sales at the market price. Option exercises, grants, gifts, and shares withheld for taxes are reported on Form 4 but are left out of the buy and sell totals.

## Live data

This page joins two Massive endpoints: Form 4 filings and daily prices. The TONX Form 4 request:

- `GET https://api.massive.com/stocks/filings/vX/form-4?tickers=TONX&filing_date.gte=2025-11-12&sort=filing_date.desc&limit=500`

Requests need a Massive API key. API reference for agents: https://massive.com/docs/llms.txt. Connect an AI agent through the Massive MCP server: https://massive.com/docs/ai-tools.

## Related

- [TON Strategy Company (TONX) stock price](https://massive.com/quote/tonx.md)
- [Recent insider trading](https://massive.com/quote/insider-trading.md)
- [Markets overview](https://massive.com/quote/index.md)

Nothing here is investment advice. Data and content are provided for informational purposes under the Massive Terms of Service: https://massive.com/terms