Cibus (CBUS) director receives 45,627 stock options at $1.32
Cibus, Inc. (CBUS) reported an equity award to a company director.
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Rhea-AI Filing Summary
Cibus, Inc. (CBUS) reported an equity award to a company director. On 11/05/2025, the director received a stock option to buy 45,627 shares of Class A common stock at an exercise price of $1.32 per share. The option becomes exercisable on 05/22/2026 and expires on 11/05/2035, with no purchase price paid for the option itself. Following this grant, the director beneficially owns 45,627 derivative securities directly.
The option vests, subject to continued board service, on the earlier of the first anniversary of the grant date or the company’s next annual shareholder meeting. Any remaining unvested portion will fully vest if a defined Triggering Event under the company’s 2017 Omnibus Incentive Plan occurs while the director continues to serve.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right-to-Buy) | 45,627 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Subject to the Director's continued service, on the earlier of (a) the first anniversary of the Grant Date and (b) the date of the Company's next annual meeting of the shareholders following the Grant Date. Notwithstanding the foregoing, any unexpired, unvested Option will become vested as to the total number of shares underlying the Option if a Triggering Event (as defined in the Cibus, Inc. 2017 Omnibus Incentive Plan (the "Plan")) occurs and the Director provides continued service through the date of such Triggering Event.
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