Stokes Jason 4

What Happened

• Jason Stokes, Chief Legal Officer, General Counsel & Secretary of Cibus, disposed of shares to cover tax liabilities related to option exercises. The filing shows three withholding/disposition events (SEC code F), not open-market sales.
• Transactions: 4,795 shares @ $2.33 on 2025-02-19 (≈ $11,148); 3,519 shares @ $1.32 on 2025-11-11 (≈ $4,645); 4,795 shares @ $2.98 on 2026-02-19 (≈ $14,289). Combined, 13,109 shares were withheld/disposed for about $30,082.

Key Details

• Transaction dates & prices: 2025-02-19 @ $2.33; 2025-11-11 @ $1.32; 2026-02-19 @ $2.98.
• Shares disposed: 4,795; 3,519; 4,795 (total 13,109).
• Transaction code F indicates payment of exercise price or tax liability (shares withheld to cover taxes/exercise costs).
• Shares owned after the transactions: not specified in the provided filing details.
• Filing date: March 18, 2026. The report includes transactions as early as Feb 19, 2025, so this filing appears late for some reported transactions.

Context

• These were tax-withholding/settlement dispositions tied to exercising options (shares surrendered/withheld), which is routine and not the same as an open-market sale signaling a trading opinion.
• For retail investors: such withholding transactions are common following option exercises and are generally administrative; they should not be overinterpreted as insider buying or negative sentiment.