Broos Carlo 4
Research Summary
AI-generated summary
Cibus (CBUS) CFO Carlo Broos Sells 3,676 Shares
What Happened
- Carlo Broos, Chief Financial Officer of Cibus, disposed of 3,676 shares on March 30, 2026. The filing reports a weighted-average sale price of $1.87 per share, for total proceeds of approximately $6,874. The transaction is coded “F,” indicating the sale was to satisfy an exercise price or tax liability (withholding).
Key Details
- Transaction date: 2026-03-30; Form 4 filed: 2026-04-01.
- Price: weighted average $1.87; multiple sales ranged from $1.81 to $2.05 (per footnote F1).
- Shares disposed: 3,676; total proceeds ≈ $6,874.
- Filing code F = payment of exercise price or tax liability (i.e., shares were sold to cover taxes/exercise obligations).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No late filing is indicated (transaction reported on Form 4 filed two days after the trade date).
Context
- This appears to be a routine tax-withholding/cashless-sale related to an option exercise or similar; such sales are common when executives satisfy tax or exercise costs and do not necessarily signal a view on company prospects. The dollar amount is modest relative to typical insider trades.