TON Strategy's three largest insider shareholders as of April 11, 2026 are Manuel Stotz (Director, 2.30Mn shares), Jeff Clayborne (Cfo, 1.09Mn shares), James P Geiskopf (Director, 800.76K shares).
| Holder | Position | Shares (Direct) | Shares (Indirect) | Report Date |
|---|---|---|---|---|
| Manuel Stotz | - | 0 | 2,297,678 | 29 Sep, 2025 |
| Jeff Clayborne | Cfo | 1,089,407 | 0 | 16 Jul, 2021 |
| James P Geiskopf | - | 800,758 | 0 | 05 Aug, 2025 |
| Sarah Josephine Olsen | Cfo Coo | 669,820 | 0 | 09 Oct, 2025 |
| Veronika Kapustina | Chief Executive Officer | 631,864 | 0 | 09 Oct, 2025 |
| Salman Hassan Khan | Cfo And Treasurer | 504,746 | 0 | 21 Nov, 2022 |
| Nancy R Heinen | - | 354,673 | 0 | 24 Jan, 2022 |
| Judith Lynne Hammerschmidt | - | 239,135 | 0 | 24 Jan, 2023 |
| Phillip J. Bond | - | 155,428 | 0 | 24 Jan, 2023 |
| Bill John Rivard | Interim Cfo | 57,832 | 0 | 08 Jan, 2025 |
| Kenneth S Cragun | - | 40,314 | 0 | 05 Aug, 2025 |
| Edmund C. Moy | - | 20,000 | 0 | 05 Aug, 2025 |
| Nicolas Claude Cary | - | 14,803 | 0 | 11 Aug, 2025 |
| Evan Sohn | - | 14,775 | 0 | 11 Aug, 2025 |
| Rory J. Cutaia | Chairman, President And Ceo | 12,506 | 0 | 16 Dec, 2025 |
| Tucker Montana Highfield | - | 12,146 | 0 | 20 Aug, 2025 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 15 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 34,132 | $2.63 | 67,000 | D | S |
| 16 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 54,494 | $2.53 | 12,506 | D | S |
| 10 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 112,870 | $3.14 | 139,711 | D | S |
| 03 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 26,300 | $3.45 | 304,881 | D | S |
| 12 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 38,579 | $2.79 | 101,132 | D | S |
| 04 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 37,200 | $3.63 | 267,681 | D | S |
| 05 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 15,100 | $3.10 | 252,581 | D | S |
| 03 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 26,300 | $3.45 | 304,881 | D | S |
| 04 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 37,200 | $3.63 | 267,681 | D | S |
| 05 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 15,100 | $309.90 | 252,581 | D | S |
| 28 Nov, 2025 | Rory J. Cutaia | Common Stock | D | 33,543 | $3.45 | 475,387 | D | S |
| 01 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 36,483 | $3.13 | 438,904 | D | S |
| 02 Dec, 2025 | Rory J. Cutaia | Common Stock | D | 107,723 | $3.08 | 331,181 | D | S |
| 24 Nov, 2025 | Rory J. Cutaia | Common Stock | D | 106,969 | $3.05 | 792,901 | D | S |
| 25 Nov, 2025 | Rory J. Cutaia | Common Stock | D | 42,800 | $3.05 | 750,101 | D | S |
| 26 Nov, 2025 | Rory J. Cutaia | Common Stock | D | 241,171 | $3.10 | 508,930 | D | S |
| 07 Oct, 2025 | Sarah Josephine Olsen | Common Stock | A | 631,864 | $0.00 | 669,820 | D | A |
| 07 Oct, 2025 | Veronika Kapustina | Common Stock | A | 631,864 | $0.00 | 631,864 | D | A |
| 29 Sep, 2025 | Manuel Stotz | Common Stock | A | 70,000 | $7.11 | 2,297,678 | I | P |
| 07 Aug, 2025 | Rory J. Cutaia | Common Stock | A | 12,146 | $0.00 | 899,870 | D | A |