---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-031538"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2026-07-01T20:00:15+00:00"
generated_at: "2026-07-01T20:01:16.664211+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TON Strategy enters Rule 10b5-1 plan to repurchase shares under $250M authorization

## Summary
- Entered Rule 10b5-1 trading plan for two-month period starting July 1, 2026, to repurchase common stock.
- Plan operates under existing $250 million stock repurchase authorization announced September 3, 2025.
- Virtu Financial appointed as executing broker for the plan.
- Executive Chairman Manuel Stotz cites disciplined capital allocation and discount to intrinsic value.
- CEO Kevin Wilson expresses conviction in Gram and TON ecosystem, says plan allows action on equity disconnect.

## SEC filing metadata
- accession: 0001493152-26-031538
- form_type: 8-K
- ticker: TONX
- cik: 0001566610
- company_name: TON Strategy Co
- filed_at: 2026-07-01T20:00:15+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000149315226031538/0001493152-26-031538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000149315226031538/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-031538
- JSON: https://secwatch.observer/filing/0001493152-26-031538.json
- Plain text: https://secwatch.observer/filing/0001493152-26-031538.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.