Broos Carlo 4

What Happened
Carlo Broos, Chief Financial Officer of Cibus, disposed of 1,496 shares on November 11, 2025 as a payment of tax liability (transaction code F). The shares were valued at $1.32 each for a total of $1,975. This was a withholding/net-settlement to cover taxes rather than an open-market sale or a cash purchase.

Key Details

• Transaction date: 2025-11-11
• Shares involved: 1,496 at $1.32 per share; total value reported $1,975
• Transaction type/code: F — payment of exercise price or tax liability (shares withheld to cover taxes)
• Shares owned after transaction: not specified in the provided filing details
• Filing date vs transaction date: Form 4 filed 2026-03-18 — transaction was reported about 127 days after it occurred (appears late relative to the 2-business-day filing requirement)

Context

• Code F typically means shares were surrendered or withheld to satisfy tax withholding obligations arising from an equity award (e.g., option exercise or RSU vesting). This is a routine administrative action and does not by itself signal a buy or sell decision on the open market.
• The late filing delays transparency for investors; while it doesn't change the nature of the transaction, timely reporting is required for regulatory compliance and investor visibility.