GERBER WILLIAM J 4

What Happened

• William J. Gerber, a director of CaliberCos Inc. (CWD), received a grant of 23,585 derivative securities on 2026-06-30. The filing lists the transaction as an award/acquisition (transaction code A) of options (rights to buy shares); no exercise price or immediate cash value is reported in the Form 4. This was a compensation grant to a director, not a market purchase or sale.

Key Details

• Transaction date: 2026-06-30 (filed 2026-07-01 — timely)
• Transaction type/code: Grant/Award (A); derivative (options)
• Amount granted: 23,585 options (shares underlying)
• Price/value: Not specified in the filing (N/A)
• Shares owned after transaction: Not disclosed in the provided report
• Footnotes: F1 and F3 state these are Employee Stock Options granted under the Issuer's 2024 Equity Incentive Plan and the Amended and Restated 2017 Stock Incentive Plan as part of director compensation; F2 is not applicable
• Filing timeliness: Filed the next day — appears timely (not late)

Context

• These were option grants (rights to buy stock in the future), not an exercise or sale, so no immediate change in CaliberCos shares outstanding or insider cash proceeds. Vesting schedule, strike price and expiration were not provided in the summary — watch future filings for exercises, sales, or more detail. Director option grants are common as compensation and do not by themselves indicate insider buying or selling sentiment.