Cibus (CBUS) director Kimberly Ann Box receives 77,586 stock options at $1.39 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cibus, Inc. director Kimberly Ann Box received a grant of stock options on Class A Common Stock. The award covers 77,586 options with an exercise price of $1.39 per share and no upfront purchase cost. These options vest in full, subject to her continued service, on the earlier of the first anniversary of the June 2, 2026 grant date or the company’s next annual shareholder meeting, and expire on June 2, 2036. Following this grant, she holds 77,586 derivative securities directly through this option award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Box Kimberly Ann
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right-to-Buy) | 77,586 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right-to-Buy) — 77,586 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 77,586 options
Exercise price: $1.39 per share
Grant price: $0.00 per option
+4 more
7 metrics
Options granted
77,586 options
Grant of stock options on June 2, 2026
Exercise price
$1.39 per share
Exercise price for granted stock options
Grant price
$0.00 per option
Compensation grant, no upfront cost
Underlying shares
77,586 shares
Class A Common Stock underlying the options
Post-grant derivative holdings
77,586 options
Total derivative securities following transaction
Vesting condition
Earlier of 1 year or next annual meeting
Subject to continued service as director
Expiration date
June 2, 2036
Option term end for granted stock options
Key Terms
Stock Option (Right-to-Buy), Grant, award, or other acquisition, exercise price, expiration date, +1 more
5 terms
Stock Option (Right-to-Buy) financial
"security_title: "Stock Option (Right-to-Buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
exercise price financial
"conversion_or_exercise_price: "1.3900""
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.
expiration date financial
"expiration_date: "2036-06-02T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
continued service financial
"The Options vest in full, subject to the Director's continued service"
FAQ
What did Cibus (CBUS) director Kimberly Ann Box report on this Form 4?
Kimberly Ann Box reported receiving a stock option grant for 77,586 shares of Cibus Class A Common Stock. The options are a compensation award, not an open‑market purchase or sale, and increase her derivative holdings tied to the company’s future share performance.
How many Cibus (CBUS) stock options were granted to Kimberly Ann Box and at what price?
She was granted 77,586 stock options with an exercise price of $1.39 per share. The grant price per option is $0.00, meaning she pays $1.39 per share only if she chooses to exercise the options in the future.
When do Kimberly Ann Box’s new Cibus (CBUS) options vest?
The options vest in full upon continued service on the earlier of the first anniversary of the June 2, 2026 grant date or the date of Cibus’s next annual shareholder meeting. Vesting depends on her remaining a director through that vesting trigger.
When do the Cibus (CBUS) stock options granted to Kimberly Ann Box expire?
The options expire on June 2, 2036 if not exercised earlier. This long expiration period gives her a decade to decide whether to exercise, depending on her service status and the market price of Cibus shares during that time.
How many Cibus (CBUS) derivative securities does Kimberly Ann Box hold after this grant?
After this grant, she holds 77,586 derivative securities in the form of stock options. Each option is exercisable for one share of Cibus Class A Common Stock at $1.39 per share, subject to vesting and the stated expiration date conditions.