RORY B. RIGGS - 05 Jun 2025 Form 4 Insider Report for Cibus, Inc. (CBUS)

Signature
/s/ Rory B. Riggs
Issuer symbol
CBUS
Transactions as of
05 Jun 2025
Net transactions value
+$10,000,000
Form type
4
Filing time
10 Jun 2025, 16:15:05 UTC
Previous filing
27 May 2025
Next filing
11 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
RIGGS RORY B Director, 10%+ Owner C/O CIBUS, INC., 6455 NANCY RIDGE DRIVE, SAN DIEGO /s/ Rory B. Riggs 10 Jun 2025 0001016835

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBUS Class A Common Stock Award $10,000,000 +5,714,286 +119% $1.75 10,533,307 05 Jun 2025 Direct F1, F2
holding CBUS Class A Common Stock 23,807 05 Jun 2025 See footnote F2, F3
holding CBUS Class A Common Stock 20,974 05 Jun 2025 By Spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 5, 2025, Cibus, Inc. (the "Issuer") entered into a Securities Purchase Agreement (the "Purchase Agreement") with Rory Riggs, the Chairman of the Company's Board of directors, in connection with a public offering conducted on a reasonable "best efforts" basis (the "Offering"). Pursuant to the Purchase Agreement, the Issuer agreed to issue and sell to Mr. Riggs 5,714,286 shares of Class A Common Stock, par value $0.0001 per share, at the public offering price of $1.75 per share. The Offering is expected to be fully consummated on or about June 9, 2025. The transaction was approved by the Issuer's board of directors in accordance with Rule 16b-3.
F2 Reflects corrections with respect to 20,891 shares of Class A Common Stock that were previously reported as attributable directly to the reporting person that are instead held indirectly through the Rory Riggs Family Trust.
F3 Represents shares of Class A Common Stock of the Issuer held by the Rory Riggs Family Trust, for which the reporting person is trustee and has sole voting and dispositive power with respect to the shares held by the trust.
F4 Reflects the correction of an immaterial error in the balance reported in the reporting person's Form 4 filed on January 10, 2025.