Cibus (CBUS) SVP reports minor share sale and tax withholding

Rhea-AI Filing Summary

Cibus, Inc. senior vice president of research Noel Sauer reported two transactions in Class A common stock. On November 11, 2025, 1,834 shares were disposed of at $1.32 per share as a tax-withholding transaction, rather than an open-market trade. Earlier, on June 13, 2025, Sauer completed a small open-market sale of 4 shares at $1.485 per share. Following these transactions, Sauer directly holds 103,642 shares of Cibus Class A common stock.

SEC Form 4

FORM 4

UNITED 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

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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^*

Sauer Noel

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr VP, Research

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/13/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/13/2025		S		4	D	$1.485	105,476	D
Class A Common Stock	11/11/2025		F		1,834	D	$1.32	103,642	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Jason Stokes, Attorney-in-Fact for Noel Sauer	03/18/2026
	** Signature of Reporting Person	Date
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 insider transactions did Cibus (CBUS) report for Noel Sauer?

Noel Sauer reported two dispositions of Cibus shares. One was a 1,834-share tax-withholding transaction at $1.32 per share, and the other a small open-market sale of 4 shares at $1.485 per share, both involving Class A common stock.

How many Cibus (CBUS) shares does Noel Sauer hold after the latest Form 4?

Noel Sauer holds 103,642 Cibus Class A shares after these transactions. This figure reflects the position following a 1,834-share tax-withholding disposition and a 4-share open-market sale reported in the Form 4 insider filing.

Was the larger Cibus (CBUS) insider transaction a sale or tax withholding?

The larger 1,834-share transaction was for tax withholding, not a sale. It was reported with code F, meaning shares were disposed of at $1.32 per share to cover tax obligations, rather than sold in the open market.

What price did Noel Sauer receive in the Cibus (CBUS) open-market sale?

The open-market sale of Cibus shares occurred at $1.485 per share. This transaction involved just 4 shares of Class A common stock and was reported as an open-market sale under transaction code S on June 13, 2025.

How significant are Noel Sauer’s recent Cibus (CBUS) insider trades in size?

The reported insider trades are very small in share count. They include a 1,834-share tax-withholding disposition and a 4-share open-market sale, leaving Noel Sauer with 103,642 directly held shares of Cibus Class A common stock afterward.