Cibus (NASDAQ: CBUS) Sr VP awarded 38,000 shares and 76,000 options
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
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 | -- |
| Grant/Award | Class A Common Stock | 38,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right-to-Buy) — 76,000 shares (Direct, null);
Class A Common Stock — 139,879 shares (Direct, null)
Footnotes (1)
- [object Object]
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
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.
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.