{
  "id": 14336443,
  "title": "OneMedNet CMO Jeffrey Yu buys $249,998 in company stock",
  "url": "https://urgent.news/2026/10/14/onemednet-cmo-jeffrey-yu-buys-249-998-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T01:00:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/onemednet-cmo-jeffrey-yu-buys-249998-in-company-stock-93CH-4947815"
  },
  "original_language": "en",
  "account": "Chief Medical Officer and one of the top shareholders of OneMedNet Corp, Jeffrey Yu, made a significant move on October 9, 2026, purchasing 45,126 shares of the company's common stock. The acquisition was executed at $5.54 per share, resulting in a total investment of $249,998. This purchase was made under the terms of a subscription agreement with OneMedNet for a $250,000 investment. The stock's value during the purchase period was calculated using the volume-weighted average price (VWAP) of OneMedNet shares over the preceding 10 trading days.\n\nThe current trading price of OneMedNet shares stands at $4.02, which is significantly lower than Yu's acquisition price. Over the past year, the stock has experienced a substantial decline of 86.6%, and in the last week alone, it has dropped by 18%. Despite the negative price trend, InvestingPro, a financial analysis platform, indicates that the stock may be undervalued at its current level, based on its comprehensive financial health metrics.\n\nAs a result of this transaction, Mr. Yu now owns a total of 896,840 shares directly, with an additional 131,197 shares held by a trust on behalf of his children. It is important to note that Mr. Yu has disclaimed any beneficial ownership of these latter shares, specifying that they are managed by an independent trustee over which he has no control.",
  "summary": null,
  "key_points": [
    "Chief Medical Officer Jeffrey Yu bought $249,998 in OneMedNet stock.",
    "Purchase of 45,126 shares at $5.54 per share on October 9, 2026.",
    "Yu now owns 896,840 shares directly after the transaction."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}