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Cibus (NASDAQ: CBUS) interim CEO Beetham granted 195K shares and 390K options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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.
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*
Beetham Peter

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

(Street)
SAN DIEGO 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)
Interim CEO, Pres & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
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 Stock04/24/2026A195,000A$0686,825D
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
Stock Option (Right-to-Buy)$1.504/24/2026A390,00004/24/202704/24/2036(1)Class A Common Stock390,000$0390,000D
Explanation of Responses:
1. 1/48th of the total options vest monthly on the 24th of each month until the fourth anniversary of the date of the grant.
Jason Stokes as attorney-in fact for Peter Beetham04/28/2026
** 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) 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 many Cibus (CBUS) shares does Peter Beetham hold after this Form 4 transaction?

After receiving 195,000 granted shares, Peter Beetham directly holds 686,825 shares of Cibus Class A common stock. This total reflects his position following the April 24, 2026 grant and shows his ongoing equity stake as Interim CEO, President and COO.

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.