Stokes Jason 4
4 · Cibus, Inc. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Cibus (CBUS) CLO Jason Stokes Sells 3,695 Shares
What Happened
Jason Stokes, Chief Legal Officer, General Counsel & Secretary of Cibus, sold 3,695 shares on March 30, 2026 to satisfy tax withholding obligations related to a prior equity award/exercise. The shares were disposed for a weighted-average price of $1.83, producing gross proceeds of about $6,762. This was a tax-withholding sale (routine) rather than a discretionary open-market sale for investment purposes.
Key Details
- Transaction date: March 30, 2026
- Transaction type/code: F — payment of exercise price or tax liability (shares withheld/sold to cover taxes)
- Shares sold/withheld: 3,695
- Weighted-average price reported: $1.83; sales occurred in multiple transactions at prices ranging $1.81–$1.88 (footnote F1)
- Reported proceeds (disposed): ~$6,762
- Shares owned after transaction: Not specified in the provided filing
- Filing date: April 1, 2026 — filing appears timely; no late filing indicated
Context
Code F transactions are typically automatic or routine sales to cover taxes after an option exercise or restricted stock vesting. They generally do not convey the same market sentiment signal as voluntary open-market sales.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-03-30$1.83/sh−3,695$6,762→ 110,865 total
Footnotes (1)
- [F1]The price provided is a weighted average. The shares were sold in multiple transactions at prices ranging from $1.81 to $1.88, inclusive.