Broos Carlo 4/A
Research Summary
AI-generated summary
Cibus (CBUS) CFO Carlo Broos Receives Equity Award
What Happened
- Carlo Broos, Chief Financial Officer of Cibus, was awarded equity on 2026-04-24. The filing reports two grants: 57,000 shares delivered at $0.00 (award) and 114,000 derivative securities reported at $0.00 (grant of options/other derivative). Both line items show $0 cost reported (standard for reporting grants).
Key Details
- Transaction date: 2026-04-24; Amended Form 4 filed: 2026-04-28.
- Reported prices: $0.00 per share for both the direct award and the derivative grant (total reported value $0).
- Shares owned after the transaction: Not disclosed in this filing.
- Footnote: The derivative grant vests 1/48th monthly on the 24th of each month until the fourth anniversary of the grant (i.e., four-year monthly vesting).
- No sale or purchase (open-market) activity; this is a compensation/award grant. No 10b5-1 plan, tax-withholding, or late-filing flag is indicated in the provided information. The filing is labeled "AMENDED."
Context
- The 114,000 derivative securities appear to be time‑vesting options or similar equity awards (per the 1/48th monthly vesting note); these do not indicate an immediate cash outlay and were not reported as exercised or sold. Grants are compensation-related and do not necessarily signal the insider buying or selling stock on the open market.