Cibus (CBUS) awards shares and stock options to CAO Jason Stokes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cibus, Inc. granted Chief Administrative Officer, General Counsel and Corporate Secretary Jason Stokes 57,000 shares of Class A Common Stock as an equity award. He now directly holds 167,865 shares after this grant.
The company also awarded him a stock option for 114,000 shares of Class A Common Stock at an exercise price of $1.50 per share. According to the vesting terms, 1/48 of the options vest monthly on the 24th until the fourth anniversary of the grant date, and the options expire on April 24, 2036. These are compensation-related awards, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Stokes Jason
Role
CAO, Gen Csl & Corp Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right-to-Buy) | 114,000 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 57,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right-to-Buy) — 114,000 shares (Direct, null);
Class A Common Stock — 167,865 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 57,000 shares
Options granted: 114,000 options
Exercise price: $1.50 per share
+3 more
6 metrics
Shares granted
57,000 shares
Class A Common Stock grant on April 24, 2026
Options granted
114,000 options
Stock Option (Right-to-Buy) grant on April 24, 2026
Exercise price
$1.50 per share
Conversion/exercise price of stock option
Post-grant holdings
167,865 shares
Total Class A Common Stock held directly after grant
Option vesting rate
1/48 per month
Monthly vesting on the 24th until fourth anniversary
Option expiration
April 24, 2036
Expiration date of stock option grant
Key Terms
Stock Option (Right-to-Buy), Class A Common Stock, grant/award acquisition, vesting
4 terms
Stock Option (Right-to-Buy) financial
"Stock Option (Right-to-Buy) for 114,000.0000 underlying shares"
Class A Common Stock financial
"security_title: Class A Common Stock in both transactions"
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 acquisition financial
"transaction_action: grant/award acquisition for both entries"
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) disclose about Jason Stokes in this Form 4?
Cibus reported that executive Jason Stokes received equity compensation. He was granted 57,000 shares of Class A Common Stock and a stock option covering 114,000 shares, reflecting a non-cash award rather than an open-market transaction.
What are the key terms of Jason Stokes’ Cibus stock option grant?
Jason Stokes received a stock option for 114,000 Cibus Class A shares at a $1.50 exercise price. The option expires April 24, 2036, and represents the right to buy shares in the future if exercised under the grant’s terms.
How do Jason Stokes’ Cibus stock options vest over time?
The Cibus stock options granted to Jason Stokes vest gradually. According to the grant terms, 1/48 of the total options vest monthly on the 24th of each month, continuing until the fourth anniversary of the April 24, 2026 grant date.
Were Jason Stokes’ Cibus transactions open-market buys or sells?
The reported Cibus transactions are compensation grants, not market trades. Stokes acquired 57,000 shares and 114,000 options at no transaction price per share, reflecting a grant or award rather than buying or selling shares on the open market.