Beetham Peter 4
Research Summary
AI-generated summary
Cibus (CBUS) Interim CEO Peter Beetham Sells 16,112 Shares
What Happened
Peter Beetham, Interim CEO, President & COO and a director of Cibus, disposed of 16,112 shares on March 30, 2026. The reported weighted-average sale price was $1.85 per share for total proceeds of approximately $29,807. The Form 4 indicates this was a disposition to satisfy an exercise price or tax liability (transaction code F).
Key Details
- Transaction date: 2026-03-30. Filing date: 2026-04-01 (no late filing indicated in the submission).
- Shares sold: 16,112; weighted-average price reported $1.85; total proceeds ≈ $29,807.
- Footnote: the $1.85 is a weighted average; actual sale(s) occurred in multiple transactions at prices ranging from $1.81 to $2.10.
- Shares owned after the transaction: not specified in the provided filing.
Context
Transaction code F indicates the sale related to payment of exercise price or to satisfy tax withholding obligations (commonly a sell-to-cover after exercising options or receiving awards). Such sales are typically routine administrative actions to meet tax obligations and do not by themselves indicate a change in insider conviction about the company.