Form 4: Cibus Director and 10% Owner Rory Riggs Exercises Warrants, Significantly Increasing Stake

Rory B. Riggs, a Director and 10% Owner of Cibus, Inc. (CBUS), has significantly increased his direct beneficial ownership by acquiring 4,050,000 shares of Class A Common Stock through the exercise of pre-funded warrants.

Summary

• Rory B. Riggs, a Director and 10% Owner of Cibus, Inc. (CBUS), acquired a total of 4,050,000 shares of Class A Common Stock on June 9, 2025.
• This acquisition was made through the exercise of pre-funded warrants.
• Specifically, 4,000,000 shares were acquired at an exercise price of $0.0001 per share.
• An additional 50,000 shares were acquired at an exercise price of $0.01 per share.
• Following these transactions, Mr. Riggs directly beneficially owns 14,583,307 shares of Class A Common Stock.
• Mr. Riggs also indirectly beneficially owns 23,807 shares through the Rory Riggs Family Trust and 20,974 shares through his spouse.

Sentiment

Score: 9

Explanation: The sentiment is highly positive due to a significant increase in direct beneficial ownership by a key insider (Director and 10% Owner) at very low exercise prices, indicating strong confidence in the company's future.

Positives

• The acquisition of 4,050,000 shares by a Director and 10% Owner signals strong insider confidence in Cibus, Inc.'s future prospects.
• The extremely low exercise prices ($0.0001 and $0.01 per share) for the warrants indicate a significant potential upside for the insider, aligning their interests with long-term shareholder value.
• The substantial increase in direct beneficial ownership by a key insider can be viewed positively by the market, suggesting a belief that the company's stock is undervalued or poised for growth.

Future Outlook

The significant increase in direct beneficial ownership by a key insider like Rory B. Riggs suggests a strong positive outlook from management regarding the company's future performance and valuation.

Industry Context

This filing reflects a specific insider transaction within Cibus, Inc., rather than a broad industry trend. However, significant insider buying can often be interpreted as a positive signal for the company's prospects within its sector.

Related Party Transactions

• Rory B. Riggs indirectly beneficially owns 23,807 shares of Class A Common Stock held by the Rory Riggs Family Trust, for which he is trustee and has sole voting and dispositive power.
• Rory B. Riggs indirectly beneficially owns 20,974 shares of Class A Common Stock held by his spouse.

Stakeholder Impact

• Shareholders: The significant insider buying by a Director and 10% Owner is likely to be viewed positively, potentially boosting investor confidence and share price.
• Employees: While not directly impacted, strong insider confidence can contribute to a positive company morale and stability.

Key Dates

Recommendation

Keywords

Cibus, CBUS, Form 4, Insider Trading, Stock Acquisition, Beneficial Ownership, Rory Riggs, Pre-funded Warrants, Director, 10% Owner