Rory Riggs buys 333K Cibus (CBUS) shares in public offering
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cibus, Inc. director and 10% owner Rory B. Riggs purchased 333,333 shares of Class A Common Stock at $1.50 per share in a firm commitment underwritten public offering that closed on January 30, 2026. The purchase was approved by the board under Rule 16b-3. Following this transaction, he directly beneficially owned 14,916,640 shares, with additional indirect holdings of 23,807 shares held by the Rory Riggs Family Trust, where he is trustee with sole voting and dispositive power, and 20,974 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
RIGGS RORY B
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 333,333 | $1.50 | $500K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 14,916,640 shares (Direct);
Class A Common Stock — 23,807 shares (Indirect, See footnote)
Footnotes (1)
- On January 29, 2026, Cibus, Inc. (the "Issuer") entered into an Underwriting Agreement (the "Underwriting Agreement") in connection with a firm commitment underwritten public offering (the "Offering"), which closed on January 30, 2026. The reporting person purchased 333,333 shares of Class A Common Stock in the Offering at the public offering price of $1.50 per share. The transaction was approved by the Issuer's board of directors in accordance with Rule 16b-3. Represents shares of Class A Common Stock of the Issuer held by the Rory Riggs Family Trust, for which the reporting person is trustee and has sole voting and dispositive power with respect to the shares held by the trust.
FAQ
What did Rory B. Riggs report in his Cibus (CBUS) Form 4 filing?
Rory B. Riggs reported buying 333,333 Cibus Class A Common shares in a firm commitment underwritten public offering at $1.50 per share. The transaction was approved by Cibus’s board of directors in accordance with Rule 16b-3 under securities regulations.