RIGGS RORY B 4

What Happened

• Rory B. Riggs, a director of Cibus, was granted a derivative award on 2026-06-02 covering 77,586 shares. The Form 4 reports an acquisition price of $0.00, indicating a grant of options/awards rather than a purchased stake. The award has not been exercised and no cash changed hands in this filing.

Key Details

• Transaction type: Award/Grant (code A) of derivative securities (options/awards).
• Grant date / Reported period: 2026-06-02; Filing date: 2026-06-04 (timely).
• Shares/units: 77,586 options/shares reported; acquisition price shown as $0.00.
• Vesting: The options vest in full upon the earlier of (1) the first anniversary of the grant date or (2) the date of the company's next annual meeting of shareholders, subject to continued service (per footnote).
• Shares owned after transaction: Not specified in the filing.
• No indication of a 10b5-1 plan, sale, exercise, or tax withholding in this Form 4.

Context

• This is a grant of derivative securities (an option/award), not an immediate purchase or sale of shares. Such awards are common for directors as compensation and do not reflect an immediate cash investment or disposition.
• Because strike price or estimated fair value are not provided in the filing, the grant’s current dollar value cannot be determined from this Form 4 alone.