Eightco Holdings Inc. (NASDAQ: ORBS) Chief Executive Officer Kevin O'Donnnell has executed a direct market acquisition of 200,000 shares of the company's common stock. The transaction, valued at $183,960, occurred on June 11, 2026. This purchase increases O'Donnell's direct ownership stake in the company. The acquisition takes place against a backdrop of recent stock volatility, with the share price currently trading near its 52-week low of $0.72, representing a 65% decline over the past six months. The transaction details were formally disclosed in a Form 4 filing submitted to the Securities and Exchange Commission on June 15, 2026.
The shares were acquired at prices ranging from $0.9152 to $0.92 per share, with a weighted-average price of $0.9198 per share. Following this transaction, Mr. O'Donnnell directly holds 1,246,485 shares of Eightco Holdings Inc. common stock. Additionally, Mr. O'Donnnell holds 2,250,000 stock options (right to buy) for common stock, with an exercise price of $1.01 per share. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value estimate, with 10 additional ProTips available to subscribers. These options are set to expire on March 11, 2036, and vest in four equal annual installments of 25% each, commencing on the first anniversary of the grant date, contingent on his continued service with the company.
The information was disclosed in a Form 4 filing with the Securities and Exchange Commission on June 15, 2026.