Cibus (NASDAQ: CBUS) interim CEO Beetham granted 195K shares and 390K options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cibus, Inc. reported that Interim CEO, President and COO Peter Beetham received an equity compensation grant. He was awarded 195,000 shares of Class A common stock on April 24, 2026 at a price of $0.00 per share, bringing his direct holdings to 686,825 shares.
He also received a stock option for 390,000 shares of Class A common stock with an exercise price of $1.50 per share, exercisable until April 24, 2036. According to the vesting terms, 1/48th of the options vest monthly on the 24th of each month over four years from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Beetham Peter
Role
Interim CEO, Pres & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right-to-Buy) | 390,000 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 195,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right-to-Buy) — 390,000 shares (Direct, null);
Class A Common Stock — 686,825 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock grant: 195,000 shares
Grant price: $0.00 per share
Shares held after grant: 686,825 shares
+4 more
7 metrics
Stock grant
195,000 shares
Class A common stock granted April 24, 2026
Grant price
$0.00 per share
Price for 195,000 granted common shares
Shares held after grant
686,825 shares
Total Class A common stock directly held after transaction
Option grant size
390,000 options
Stock Option (Right-to-Buy) for Class A common stock
Option exercise price
$1.50 per share
Conversion or exercise price of stock options
Option expiration
April 24, 2036
Expiration date of stock options
Option vesting rate
1/48th monthly
Options vest monthly until fourth anniversary of grant
Key Terms
Stock Option (Right-to-Buy), Class A Common Stock, exercise price, vesting
4 terms
Stock Option (Right-to-Buy) financial
"security_title": "Stock Option (Right-to-Buy)""
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exercise price financial
"conversion_or_exercise_price": "1.5000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"1/48th of the total options vest monthly on the 24th"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Cibus (CBUS) Interim CEO Peter Beetham receive in this Form 4 filing?
Peter Beetham received equity compensation consisting of 195,000 shares of Class A common stock and a stock option for 390,000 shares. Both awards were granted on April 24, 2026, as part of his role as Interim CEO, President and COO.
What is the exercise price and term of Peter Beetham’s Cibus (CBUS) stock options?
The stock options granted to Peter Beetham have an exercise price of $1.50 per share and expire on April 24, 2036. They cover 390,000 underlying Class A common shares, providing long-term equity-based compensation tied to the company’s future share price.
How do Peter Beetham’s Cibus (CBUS) stock options vest over time?
Beetham’s options vest gradually, with 1/48th of the total options vesting monthly on the 24th of each month. This schedule continues until the fourth anniversary of the April 24, 2026 grant date, aligning vesting with long-term service and performance.
Was Peter Beetham’s Cibus (CBUS) Form 4 transaction an open-market buy or sell?
The Form 4 shows an equity grant and stock option award, not an open-market trade. The 195,000 shares and 390,000 options were acquired as compensation at a reported price of $0.00 per share for the stock grant and a $1.50 exercise price for the options.