Treat this cluster as noise. The split-level pricing anomaly and sub-$50K total are not actionable. Monitor for any subsequent 8-K on capital structure or reverse split — that would be the actual event to trade, not these tiny insider buys.
Price Chart
Executive Summary
Five Cingulate insiders, including the CEO, CFO, and CMO, made open-market purchases totaling $44K over Feb 6-13, 2026. The dollar value is minuscule relative to the $61M market cap (0.07%), and the multi-price-point buys — CEO at $5.04, others at $0.10 — strongly suggest a reverse stock split adjustment or data anomaly rather than a uniform bullish bet. Despite the cluster form, the economic signal is negligible.
Key Financial Metrics
Key Facts
- 5 insiders bought shares in an 8-day window — CEO at $5.04/sh, 4 others at $0.10/sh
- Total purchase value is just $44,000, only 0.07% of $61M market cap
- Price disparity (50x) strongly suggests a reverse split adjusted the shares for the CEO trade but not others, or a data error
- Cluster of buys is formally present, but the trivial absolute and relative dollar amounts render it non-material
Financial Impact
Infinitesimal — $44K total insider buys vs $61M market cap (0.07%). No economic signal.
Risk Factors
- The CEO's $5.04 purchase may reflect a reverse-split-adjusted price while others at $0.10 are pre-split, making the cluster an artifact, not a coordinated signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CING-1780959753582 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 2, 2026 23d ago | 8-K | $4.75 | awaiting T+60 | — | $4.98 (+4.84%) |
Sep 22, 2026 4w ago | Institutional Cluster | $5.15 | awaiting T+60 | — | $4.98 (−3.21%) |
Aug 13, 2026 10w ago | 8-K | $4.99 | awaiting T+60 | — | $4.98 (−0.20%) |
Jul 14, 2026 14w ago | 8-K | $4.71 $4.87 | ▲ +3.40% | ▲ +0.02% | $4.98 (+5.73%) |
Jun 16, 2026 18w ago | 8-K | $4.74 $5.17 | ▲ +9.07% | ▲ +8.07% | $4.98 (+5.06%) |
Jun 8, 2026 19w ago | Insider Cluster | $4.65 $5.15 | ▲ +10.75% | ▲ +6.94% | $4.98 (+7.10%) |
Mar 25, 2026 30w ago | EFFECT | $6.36 $4.97 | ▼ −21.86% | ▼ −35.31% | $4.98 (−21.70%) |
Mar 23, 2026 31w ago | S-3/A | $6.93 $5.12 | ▲ +26.12% | ▲ +39.18% | $4.98 (+28.14%) |
Mar 18, 2026 31w ago | DEFA14A | $7.51 $4.93 | ▼ −34.35% | ▼ −48.70% | $4.98 (−33.69%) |
Mar 18, 2026 31w ago | 8-K | $8.04 $5.09 | ▼ −36.69% | ▼ −48.22% | $4.98 (−38.06%) |
US Market Status
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