Cibus CLO reports tax-withholding share dispositions
Cibus, Inc. executive Jason Stokes, the company’s CLO, General Counsel and Secretary, reported routine share dispositions tied to tax obligations.
Rhea-AI Filing Summary
Cibus, Inc. executive Jason Stokes, the company’s CLO, General Counsel and Secretary, reported routine share dispositions tied to tax obligations. Across three Form 4 entries using code F, a total of 13,109 Class A common shares were withheld to cover taxes, and he now holds 114,560 shares directly after the most recent transaction.
Positive
- None.
Negative
- None.
Insights
These are routine tax-withholding entries, not open-market sales.
Cibus, Inc. officer Jason Stokes reported three transactions in Class A common stock, all coded F. This code indicates shares were surrendered to satisfy tax liabilities on equity compensation, not discretionary selling in the open market.
In total, 13,109 shares were used for tax withholding at prices between $1.32 and $2.98 per share. After the most recent disposition, Stokes directly owns 114,560 shares, showing a continuing equity stake despite these non-market tax-related reductions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 4,795 | $2.98 | $14K |
| Exercise Price or Tax Liability | Class A Common Stock | 3,519 | $1.32 | $5K |
| Exercise Price or Tax Liability | Class A Common Stock | 4,795 | $2.325 | $11K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cibus (CBUS) executive Jason Stokes report in this Form 4?
Were the Cibus (CBUS) Form 4 transactions open-market sales or purchases?
AI-generated analysis. How Rhea-AI works. Not financial advice.