STOCK TITAN

CaliberCos (CWD) director receives 23,658 stock options as compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CaliberCos Inc. director William J. Gerber reported a new grant of employee stock options as part of his director compensation. On the reported date, he received 23,658 Employee Stock Options (right to buy), each exercisable for Class A Common Stock at an exercise price of $1.02 per share, expiring in 2036. The filing also lists several previously granted option awards with exercise prices ranging from $3.55 to $185.00 per share and expirations between 2029 and 2035, showing the broader option position he continues to hold under the company’s equity incentive plans.

Positive

  • None.

Negative

  • None.
Insider GERBER WILLIAM J
Role null
Type Security Shares Price Value
Grant/Award Employee Stock Options (right to buy) 23,658 $0.00 --
holding Employee Stock Options (right to buy) -- -- --
holding Employee Stock Options (right to buy) -- -- --
holding Employee Stock Options (right to buy) -- -- --
holding Employee Stock Options (right to buy) -- -- --
holding Employee Stock Options (right to buy) -- -- --
holding Employee Stock Options (right to buy) -- -- --
holding Employee Stock Options (right to buy) -- -- --
holding Employee Stock Options (right to buy) -- -- --
Holdings After Transaction: Employee Stock Options (right to buy) — 23,658 shares (Direct, null)
Footnotes (1)
  1. Employee Stock Options (right to buy)("Options") granted pursuant to Issuer's 2024 Equity Incentive Plan. Such Options represent a portion of Reporting Person's compensation as a director of Issuer. Not applicable. Employee Stock Options (right to buy)("Options") granted pursuant to Issuer's Amended and Restated 2017 Stock Incentive Plan. Such Options represent a portion of Reporting Person's compensation as a director of Issuer.
New option grant 23,658 options Employee Stock Options granted to director on reported date
New grant exercise price $1.02 per share Exercise price for 23,658 newly granted options
New grant expiration 2036-05-20 Expiration date of newly granted options
Option block 1 underlying shares 744 shares Options at $67.00 exercise price expiring 2029-04-05
Option block 2 underlying shares 4,064 shares Options at $17.91 exercise price expiring 2034-06-25
Option block 3 underlying shares 5,052 shares Options at $3.55 exercise price expiring 2035-06-17
Employee Stock Options (right to buy) financial
"Employee Stock Options (right to buy)("Options") granted pursuant to Issuer's 2024 Equity Incentive Plan."
2024 Equity Incentive Plan financial
"Options granted pursuant to Issuer's 2024 Equity Incentive Plan."
Amended and Restated 2017 Stock Incentive Plan financial
"Options granted pursuant to Issuer's Amended and Restated 2017 Stock Incentive Plan."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GERBER WILLIAM J

(Last)(First)(Middle)
8901 E MOUNTAIN VIEW RD
#150

(Street)
SCOTTSDALE ARIZONA 85258

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CaliberCos Inc. [ CWD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Options (right to buy)(1)$1.0205/20/2026A23,65805/20/202605/20/2036Class A Common Stock23,658(2)23,658D
Employee Stock Options (right to buy)(1)$6.3509/16/202509/16/2035Class A Common Stock2,0652,065D
Employee Stock Options (right to buy)(1)$3.5506/17/202506/17/2035Class A Common Stock5,0525,052D
Employee Stock Options (right to buy)(1)$13.1903/17/202503/17/2035Class A Common Stock1,6131,613D
Employee Stock Options (right to buy)(1)$1012/16/202412/16/2034Class A Common Stock1,8501,850D
Employee Stock Options (right to buy)(3)$12.409/30/202409/30/2034Class A Common Stock1,5001,500D
Employee Stock Options (right to buy)(3)$17.9106/25/202406/25/2034Class A Common Stock4,0644,064D
Employee Stock Options (right to buy)(3)$18510/28/202210/28/2032Class A Common Stock744744D
Employee Stock Options (right to buy)(3)$6704/05/201904/05/2029Class A Common Stock744744D
Explanation of Responses:
1. Employee Stock Options (right to buy)("Options") granted pursuant to Issuer's 2024 Equity Incentive Plan. Such Options represent a portion of Reporting Person's compensation as a director of Issuer.
2. Not applicable.
3. Employee Stock Options (right to buy)("Options") granted pursuant to Issuer's Amended and Restated 2017 Stock Incentive Plan. Such Options represent a portion of Reporting Person's compensation as a director of Issuer.
Remarks:
/s/ William Gerber05/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did CaliberCos (CWD) director William J. Gerber report in this Form 4?

He reported receiving 23,658 employee stock options as part of his director compensation. These options give him the right to buy Class A Common Stock at a fixed exercise price and add to his existing option holdings disclosed in the same filing.

How many CaliberCos stock options were granted to William J. Gerber?

He was granted 23,658 Employee Stock Options (right to buy). Each option is tied to one share of Class A Common Stock, and this grant is in addition to several prior option awards that remain outstanding under company equity incentive plans.

What is the exercise price and term of the new CaliberCos options grant?

The new options have an exercise price of $1.02 per share and an expiration date in 2036. This means Gerber can choose to buy Class A Common Stock at $1.02 anytime before the options expire, subject to applicable plan and vesting terms.

Are these CaliberCos options part of a compensation plan for William J. Gerber?

Yes. Footnotes state the options were granted under CaliberCos’ equity incentive plans and represent part of his compensation as a director. Similar language applies to earlier awards granted under the company’s Amended and Restated 2017 Stock Incentive Plan.

Did William J. Gerber buy or sell any CaliberCos common stock in this filing?

The filing does not show open-market purchases or sales of common stock. It primarily reports a grant of 23,658 employee stock options and lists multiple existing option positions, all described as compensation-related awards rather than market trades.

What other CaliberCos option positions does William J. Gerber hold?

He holds several prior option awards with exercise prices from $3.55 to $185.00 per share and underlying share amounts such as 744, 4,064, 5,052 and others. These options expire between 2029 and 2035, reflecting a long-dated equity-based compensation mix.