Rory J. Cutaia sold $4.9M of TONX
Chairman, President and CEO at TON Strategy Co. 78,600 shares at an average of $62.41, traded Dec 3, 2025, filed Dec 5, 2025.
Score components
- +15RoleDirector
- +25Trade size$4.9M at market
- +5Share of holdings soldSold 24% of holdings
- 0ClusterNo other insider selling within 14 days
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m -21.2%, 3m -10.8%, 6m +1.6%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001493152-25-026480, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Dec 3, 2025 | SOpen-market sale Common Stock | -26,300 | $3.45 | $91k | 304,881 | Dec 5, 2025 |
| Dec 4, 2025 | SOpen-market sale Common Stock | -37,200 | $3.63 | $135k | 267,681 | Dec 5, 2025 |
| Dec 5, 2025 | SOpen-market sale Common Stock | -15,100 | $309.90 | $4.7M | 252,581 | Dec 5, 2025 |
Related signals
Other insiders at TON Strategy Co and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 26Weak | TONXsell TON Strategy Co | Bill John Rivard Chief Accounting Officer | $41k 12,500 shares | -22% | |
| 46Moderate | TONXsell TON Strategy Co | Sarah Josephine Olsen CFO & COO | $599k 217,450 shares | -14% | |
| 28Weak | TONXbuy TON Strategy Co | Kevin Mark Wilson Chief Executive Officer | $20k 7,300 shares | +1% | |
| 46Moderate | TON Strategy Co | Mary Marbach General Counsel/Corp Secretary | $5,632 1,600 shares | - | |
| 48Moderate | TON Strategy Co | Evan Sohn director | $9,930 2,770 shares | +105% | |
| 48Moderate | TON Strategy Co | Evan Sohn director | $9,930 2,770 shares | +105% | |
| 61Notable | TON Strategy Co | Kevin Mark Wilson Chief Executive Officer | $29k 8,020 shares | - | |
| 58Moderate | TON Strategy Co | Sarah Josephine Olsen CFO & COO | $27k 7,440 shares | - | |
| 61Notable | TON Strategy Co | Kevin Mark Wilson Chief Executive Officer | $29k 8,020 shares | - | |
| 48Moderate | TONXsell TON Strategy Co | Rory J. Cutaia Chairman, President and CEO | $228k 88,626 shares | -88% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.