Form 4: Synergy CHC CEO Jack Ross Boosts Stake with $88K in Open Market Purchases

Synergy CHC Corp.'s CEO and Chairman, Jack Ross, increased his direct beneficial ownership by purchasing 30,000 shares of common stock through multiple open market transactions in June and July 2025.

Summary

• Jack Ross, CEO and Chairman, Director, and 10% Owner of Synergy CHC Corp. (SNYR), acquired 30,000 shares of common stock.
• The purchases occurred through 24 separate open market transactions between June 11, 2025, and July 30, 2025.
• The shares were acquired at weighted average prices ranging from $2.15 to $3.90 per share.
• The total value of these direct purchases amounted to approximately $88,819.50.
• Following these transactions, Jack Ross directly beneficially owns 410,507 shares of common stock.
• Additionally, Ross indirectly beneficially owns 4,385,250 shares through entities he controls: Rosscor Brands Corp. (300,000 shares), Gowan Private Equity Inc. (3,679,056 shares), Dunhill Distribution Group, Inc. (269,635 shares), and Gowan Capital Inc. (136,559 shares).
• The total beneficial ownership (direct and indirect) for Jack Ross is 4,795,757 shares.

Sentiment

Score: 8

Explanation: The consistent and significant open market purchases by the CEO and Chairman, who is also a 10% owner, indicate strong confidence in the company's future performance and valuation. This discretionary buying activity is a highly positive signal to the market.

Positives

• Significant insider buying by the CEO and Chairman, Jack Ross, indicating strong confidence in the company's future prospects.
• The purchases were made through open market transactions, suggesting discretionary buying rather than pre-scheduled plans.
• The consistent buying activity over several weeks (June and July 2025) demonstrates sustained conviction.
• The total value of shares purchased, approximately $88,819.50, represents a notable investment by a key executive.

Future Outlook

NA

Industry Context

This filing is specific to insider trading and does not provide broader industry context.

Related Party Transactions

• Jack Ross indirectly beneficially owns shares through entities he controls: Rosscor Brands Corp., Gowan Private Equity Inc., Dunhill Distribution Group, Inc., and Gowan Capital Inc. This is a standard disclosure for beneficial ownership by insiders through controlled entities.

Stakeholder Impact

• Shareholders: The insider buying by the CEO and Chairman may instill greater confidence in current and potential shareholders, signaling that management believes the stock is undervalued or has significant upside potential.
• Employees: May view the insider's investment as a positive sign of stability and future growth for the company.

Key Dates

Recommendation

The substantial and consistent open market purchases by Synergy CHC Corp.'s CEO and Chairman, Jack Ross, who is also a 10% owner, represent a powerful vote of confidence in the company's future. Insider buying, particularly by top executives, often precedes positive company developments or indicates a belief that the stock is undervalued. This discretionary buying, not tied to a pre-arranged plan, suggests a deliberate investment decision based on an informed internal perspective. For a seasoned investor, this signals a potentially opportune time to consider or increase a position in SNYR.

Keywords

Synergy CHC Corp, SNYR, Jack Ross, insider buying, open market purchase, beneficial ownership, CEO, Chairman, director, 10% owner, SEC Form 4, equity, common stock