[Form 4] Cibus, Inc. Insider Trading Activity
Kimberly A. Box, a director of Cibus, Inc. (CBUS), was granted a stock option on 09/11/2025 to purchase 54,722 shares of Class A common stock at an exercise price of $1.40 per share. The option vests on the earlier of the first anniversary of the grant date or the company’s next annual shareholders meeting, subject to continued service, and becomes exercisable beginning 09/11/2026 with an expiration date of 09/11/2035. The filing reports direct beneficial ownership of 54,722 shares following the grant. The grant includes standard acceleration on a defined Triggering Event per the company’s 2017 Omnibus Incentive Plan.
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Insights
TL;DR: Routine director equity grant; modest dilution and standard multi-year exercise window suggest no immediate material market impact.
The 54,722-share option award at $1.40 is a typical form of non-cash compensation for a director and vests over approximately one year, with exercise starting in 2026 and expiring in 2035. Given the grant size relative to typical public-company share counts, this appears to be a routine governance practice rather than a strategic financing event. Investors should note the exercise price and potential dilution if exercised, but the filing itself contains no operational or financial performance information.
TL;DR: Governance-standard award with service-based vesting and customary acceleration on defined Triggering Events.
The award follows the company’s 2017 Omnibus Incentive Plan terms, including vesting tied to continued board service and acceleration upon a Triggering Event. This aligns director incentives with shareholder value over a multi-year horizon. The filing discloses direct ownership and the key grant mechanics but does not provide board-level rationale or comparative peer benchmarking. As disclosed, the transaction is procedural and non-adverse from a governance standpoint.