Cibus executive awarded shares and 76,000 stock options

Cibus, Inc. reported that Sr VP, Research Noel Sauer received an equity compensation grant.

Rhea-AI Filing Summary

Cibus, Inc. reported that Sr VP, Research Noel Sauer received an equity compensation grant. Sauer acquired 38,000 shares of Class A Common Stock at $0.00 per share as an award, bringing direct holdings to 139,879 shares.

Sauer was also granted a stock option for 76,000 shares of Class A Common Stock at an exercise price of $1.50 per share, expiring on April 24, 2036. According to the footnote, 1/48th of the total options vest monthly on the 24th of each month until the fourth anniversary of the grant date.

Insider Trade Summary

Grant/Award: 114,000 shares

Grant/Award 2 txns

Insider Sauer Noel

Role Sr VP, Research

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right-to-Buy)	76,000	$0.00	$0.00
Grant/Award	Class A Common Stock	38,000	$0.00	$0.00

Holdings After Transaction: Stock Option (Right-to-Buy) — 76,000 contracts (Direct); Class A Common Stock — 139,879 shares (Direct)

Footnotes (1)

1. F1. 1/48th of the total options vest monthly on the 24th of each month until the fourth anniversary of the date of the grant.

Key Figures

Equity award shares: 38,000 shares Award price per share: $0.00 per share Shares held after award: 139,879 shares +4 more

7 metrics

Equity award shares 38,000 shares Class A Common Stock granted on April 24, 2026

Award price per share $0.00 per share Price for 38,000 Class A Common Stock award

Shares held after award 139,879 shares Direct Class A Common Stock holdings post-transaction

Stock option grant size 76,000 options Options on Class A Common Stock granted April 24, 2026

Option exercise price $1.50 per share Strike price for 76,000 stock options

Option expiration date April 24, 2036 Expiry of 76,000 stock options

Monthly vesting fraction 1/48th per month Option vesting schedule over four years

Key Terms

Stock Option (Right-to-Buy), exercise price, vest monthly, expiration date

4 terms

Stock Option (Right-to-Buy) financial

"security_title: "Stock Option (Right-to-Buy)""

exercise price financial

"conversion_or_exercise_price: "1.5000""

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.

vest monthly financial

"1/48th of the total options vest monthly on the 24th"

expiration date financial

"expiration_date: "2036-04-24T00:00:00.000Z""

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Cibus (CBUS) report for Noel Sauer?

Cibus reported that Sr VP, Research Noel Sauer received 38,000 shares of Class A Common Stock as an equity award and a stock option for 76,000 shares at a $1.50 exercise price, both dated April 24, 2026.

How many Cibus (CBUS) shares does Noel Sauer own after this Form 4?

After the equity award, Noel Sauer directly holds 139,879 shares of Cibus Class A Common Stock. This figure reflects post-transaction ownership reported in the filing and shows Sauer’s continuing equity stake following the April 24, 2026 grant.

What are the terms of Noel Sauer’s new Cibus stock options?

Sauer received stock options for 76,000 shares of Cibus Class A Common Stock with a $1.50 exercise price, expiring April 24, 2036. The options relate to future potential share purchases rather than immediate stock ownership at the time of the grant.

How do the Cibus (CBUS) options granted to Noel Sauer vest over time?

The filing states that 1/48th of the total options vest monthly on the 24th of each month until the fourth anniversary of the grant date. This creates gradual vesting across four years, aligning Sauer’s incentives with longer-term company performance.

Did Noel Sauer buy or sell Cibus (CBUS) shares on the market?

The Form 4 shows award-type acquisitions, not market trades. Sauer received 38,000 shares at $0.00 per share and 76,000 stock options as compensation, meaning these are grants rather than open-market purchases or sales by the executive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/28/2026 - 02:14 PM EDT Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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)
04/24/2026

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	04/24/2026		A		38,000	A	$0	139,879	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
Stock Option (Right-to-Buy)	$1.5	04/24/2026		A		76,000		04/24/2027	04/24/2036(1)	Class A Common Stock	76,000	$0	76,000	D

Explanation of Responses:

1. 1/48th of the total options vest monthly on the 24th of each month until the fourth anniversary of the date of the grant.

	Jason Stokes, Attorney-in-Fact for Noel Sauer	04/28/2026
	** 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)