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Cibus (NASDAQ: CBUS) director granted 9,094 stock options at $1.50 strike

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

Rhea-AI Filing Summary

Cibus, Inc. director Urban Thomas received a grant of stock options as part of his compensation. On April 24, 2026, he was awarded options to acquire 9,094 shares of Class A common stock at an exercise price of $1.50 per share. The footnote states these options vest 100% on the grant date, so they are fully vested immediately. Following this grant, Thomas holds 9,094 stock options directly. This is a compensation-related award, not an open-market purchase or sale of Cibus shares.

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Insider Urban Thomas
Role null
Type Security Shares Price Value
Grant/Award Stock Option (Right-to-Buy) 9,094 $0.00 --
Holdings After Transaction: Stock Option (Right-to-Buy) — 9,094 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Options granted 9,094 options Stock Option (Right-to-Buy) grant to director on April 24, 2026
Exercise price $1.50 per share Conversion or exercise price for granted stock options
Underlying shares 9,094 shares Class A common stock underlying the options
Total options after grant 9,094 options Total derivative securities held following transaction
Grant date April 24, 2026 Transaction and vesting date for the options
Expiration date April 24, 2036 Options’ expiration date
Stock Option (Right-to-Buy) financial
"security_title: Stock Option (Right-to-Buy)"
Class A Common Stock financial
"underlying_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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
derivative financial
"transaction_type: derivative"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
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.
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*
Urban Thomas

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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
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)$1.504/24/2026A9,09404/24/202604/24/2036(1)Class A Common Stock9,094$09,094D
Explanation of Responses:
1. The Options vest as to 100% on the date of the grant
Jason Stokes, Attorney-in-Fact for Thomas Urban04/28/2026
** 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) director Urban Thomas report in this Form 4?

Urban Thomas reported receiving a grant of stock options for 9,094 shares of Cibus Class A common stock. These options were awarded as compensation and are not an open-market stock purchase or sale by the director.

How many Cibus (CBUS) stock options were granted to Urban Thomas?

Urban Thomas was granted stock options covering 9,094 shares of Cibus Class A common stock. This grant represents his total derivative position reported in this filing, with 9,094 options held following the transaction.

What is the exercise price and term of Urban Thomas’s Cibus options?

The granted options have an exercise price of $1.50 per share and an expiration date of April 24, 2036. This gives the director a long time window to decide whether to exercise the options.

When do Urban Thomas’s Cibus stock options vest?

According to the footnote, the options vest as to 100% on the date of grant. That means the full 9,094 stock options were immediately vested on April 24, 2026 and are not subject to a future vesting schedule.

Is Urban Thomas buying or selling Cibus (CBUS) shares in this Form 4?

This Form 4 does not show an open-market buy or sell of Cibus shares. It reports a compensation-related grant of 9,094 stock options, giving the director the right to buy shares later at $1.50 per share.

How many Cibus derivative securities does Urban Thomas hold after this transaction?

After the grant, Urban Thomas holds 9,094 stock options directly. The filing’s summary shows a total of 9,094 derivative securities following the transaction, with no additional derivative positions listed.