NASDAQ:TONX

Ton Strategy Stock Insider Trading

*Your capital is at risk

$3.05

+0.0600 (+2.01%)

At Close: Aug 10, 2026

Ton Strategy Stock Insider Power

Based on the 100 latest insides trades, we have calculated the insider power to be negative at -10.96. In total, the insiders bought 8.83M and sold 1.92M TONX shares in the last 100 trades. The insider score can be negative despite buy/sell ratio being positive. The score focuses on the quality of the trades.

Insider Power (Last 100 transactions)	-10.96
● Buy	8.83M shares
● Sell	1.92M shares
80% Buy Activity Moderate Positive Correlation
Buy Signal Medium Confidence Jul 21, 2026 Analysis Breakdown: Weakened by a contradictory negative Insider Power Score. Partially supported by a positive historical correlation. Confidence increased due to high data reliability score of 100. Supported by overwhelming buy-side pressure (80% buys).

Historical Insider Trades

Date	Type	Person	Role	Amount
Jul 21, 2026 Buy	Common Stock A-Award	Highfield Tucker Montana Director	Director	70 000 Value: $246.4K
Jul 21, 2026 Buy	Common Stock A-Award	Highfield Tucker Montana Director	Director	70 000 Value: $246.4K
Jul 21, 2026 Buy	Common Stock A-Award	Olsen Sarah Josephine CFO & COO	C-Suite Officer	218 000 Value: $767.4K
Jul 21, 2026 Buy	Common Stock A-Award	Marbach Mary General Counsel/corp Secretary	Officer	312 500 Value: $1.10M
Jul 21, 2026 Buy	Common Stock A-Award	Wilson Kevin Mark Chief Executive Officer	CEO / President	1 137 500 Value: $4.00M
Jul 21, 2026 Buy	Common Stock A-Award	Cary Nicolas Claude Director	Director	72 500 Value: $255.2K
Jul 21, 2026 Buy	Common Stock A-Award	Olsen Sarah Josephine CFO & COO	C-Suite Officer	1 302 500 Value: $4.58M
Jul 21, 2026 Buy	Common Stock A-Award	Sohn Evan Director	Director	70 000 Value: $246.4K
May 15, 2026 Buy	Common Stock P-Purchase	Marbach Mary General Counsel/corp Secretary	Officer	1 600 Value: $6K
May 14, 2026 Buy	Common Stock P-Purchase	Wilson Kevin Mark Chief Executive Officer	CEO / President	8 020 Value: $29.4K
May 14, 2026 Buy	Common Stock P-Purchase	Sohn Evan Director	Director	2 770 Value: $10K
May 14, 2026 Buy	Common Stock P-Purchase	Sohn Evan Director	Director	2 770 Value: $10K
May 14, 2026 Buy	Common Stock P-Purchase	Olsen Sarah Josephine CFO & COO	C-Suite Officer	7 440 Value: $26.9K
May 14, 2026 Buy	Common Stock P-Purchase	Wilson Kevin Mark Chief Executive Officer	CEO / President	8 020 Value: $29.4K
May 04, 2026 Buy	Common Stock J-Other	Wilson Kevin Mark Officer	Officer	0 Value: $0
Apr 29, 2026 Sell	Common Stock J-Other	Cary Nicolas Claude Director	Director	14 803 Value: $0
Apr 29, 2026 Sell	Common Stock J-Other	Sohn Evan Director	Director	12 146 Value: $0
Apr 29, 2026 Sell	Common Stock J-Other	Olsen Sarah Josephine CFO & COO	C-Suite Officer	37 956 Value: $0
Apr 29, 2026 Sell	Common Stock J-Other	Olsen Sarah Josephine CFO & COO	C-Suite Officer	631 864 Value: $0
Apr 29, 2026 Sell	Common Stock J-Other	Marbach Mary General Counsel/corp Secretary	Officer	311 908 Value: $0
Apr 29, 2026 Sell	Common Stock J-Other	Highfield Tucker Montana Director	Director	12 146 Value: $0
Mar 31, 2026 Buy	Common Stock	Aristeia Capital, L.l.c. See Remarks	Other	0 Value: $0
Mar 31, 2026 Buy	Common Stock	Lynch Robert H. Jr. See Remarks	Other	0 Value: $0
Mar 31, 2026 Buy	Common Stock	Techar William R. See Remarks	Other	0 Value: $0
Mar 31, 2026 Buy	Common Stock	Hla Jonathan M. See Remarks	Other	0 Value: $0

About Insider Power

Insider Power is a proprietary algorithm developed by StockInvest.us to evaluate the significance of insider transactions. The calculation considers the size, type, and timing of transactions, as well as the insider’s role within the company.

It is important to note that, in general, there is little to no correlation between insider transactions and short-term stock price movements. In one of our studies, only 0.22%^* of stocks with insider activity showed a measurable correlation — and even then, it was unclear whether the effect was caused by insider actions or simply by the stock’s broader trend.

While our algorithms are designed to highlight potentially meaningful signals, these cannot be regarded as statistically significant on their own. Insider trading activity should therefore be seen as informative rather than as direct trading guidance. The Insider Power metric was created to present this information in a clearer and more accessible way, helping investors better understand the possible context of insider activity.

* October 6th, 2025 - Tested on 5562 stocks