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Cibus (NASDAQ: CBUS) CLO reports 13,109-share tax-withholding dispositions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stokes Jason

(Last)(First)(Middle)
6455 NANCY RIDGE DRIVE

(Street)
SAN DEIGO CALIFORNIA 92121

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Cibus, Inc. [ CBUS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CLO, Gen Csl & Secy
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock02/19/2025F4,795D$2.325122,874D
Class A Common Stock11/11/2025F3,519D$1.32119,355D
Class A Common Stock02/19/2026F4,795D$2.98114,560D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Jason Stokes03/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Cibus (CBUS) executive Jason Stokes report in this Form 4?

Jason Stokes reported three F-code transactions where Class A common shares were used to pay tax liabilities on equity awards. These are tax-withholding dispositions, not open-market purchases or sales, and reflect routine handling of equity compensation rather than active trading decisions.

How many Cibus (CBUS) shares were used for tax withholding by Jason Stokes?

A total of 13,109 Class A common shares were applied to tax-withholding obligations across the reported transactions. Each entry used transaction code F, which indicates payment of exercise price or tax liability by delivering securities instead of using cash for those obligations.

What is Jason Stokes’ remaining Cibus (CBUS) shareholding after these transactions?

After the most recent F-code disposition, Jason Stokes directly holds 114,560 shares of Cibus Class A common stock. This figure reflects his position following the tax-withholding transaction dated February 19, 2026, as shown in the Form 4 ownership table.

Were the Cibus (CBUS) Form 4 transactions open-market sales or purchases?

No, the transactions were not open-market trades. All three entries carry transaction code F, meaning shares were delivered to satisfy tax liabilities or exercise costs. This type of disposition is mechanical and part of equity award administration, not discretionary buying or selling.

What prices are associated with the Cibus (CBUS) tax-withholding share dispositions?

The reported tax-withholding dispositions occurred at prices of $2.98, $1.32, and $2.325 per share for Cibus Class A common stock. Each price corresponds to a separate F-code transaction, reflecting the value of shares used to cover equity-related tax obligations.
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