Cibus (NASDAQ: CBUS) CSO disposes 8,954 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cibus, Inc. Chief Scientific Officer and EVP Gregory Francis William Gocal reported a routine tax-withholding disposition of 8,954 shares of Class A Common Stock. The shares were applied at a weighted average price of $1.82 per share. After this transaction, he directly holds 365,890 shares of Cibus common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gocal Gregory Francis William
Role
Chief Scientific Officer & EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 8,954 | $1.82 | $16K |
Holdings After Transaction:
Class A Common Stock — 365,890 shares (Direct)
Footnotes (1)
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Key Figures
Shares used for tax withholding: 8,954 shares
Weighted average price: $1.82 per share
Price range: $1.795–$1.86 per share
+1 more
4 metrics
Shares used for tax withholding
8,954 shares
Tax-withholding disposition of Class A Common Stock
Weighted average price
$1.82 per share
Weighted average price for the 8,954 shares
Price range
$1.795–$1.86 per share
Range of prices for multiple transactions
Shares held after transaction
365,890 shares
Direct holdings following tax-withholding disposition
Key Terms
tax-withholding disposition, Class A Common Stock, weighted average price, Form 4
4 terms
tax-withholding disposition financial
"reported a routine tax-withholding disposition of 8,954 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"8,954 shares of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
weighted average price financial
"applied at a weighted average price of $1.82 per share"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"This Form 4 event reflects a tax-withholding mechanism"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Cibus (CBUS) report for Gregory Gocal?
Cibus reported that Chief Scientific Officer Gregory Gocal had 8,954 Class A Common Stock shares disposed of to cover tax obligations. This Form 4 event reflects a tax-withholding mechanism, not an open-market purchase or sale, and he continues to hold 365,890 shares directly.
Was the Cibus (CBUS) insider transaction an open-market sale?
No, the Form 4 classifies the transaction as a tax-withholding disposition, not an open-market sale. Shares were delivered to satisfy tax liabilities associated with equity compensation, a common administrative event that does not represent a discretionary buy or sell decision.
What does a tax-withholding disposition mean for Cibus (CBUS) insiders?
A tax-withholding disposition means shares are surrendered to cover tax liabilities tied to equity awards. For Cibus insiders, this reflects compensation-related administration rather than a judgment about the stock’s value, so it is generally viewed as a routine, non-strategic transaction.