Form 4: Cibus Inc. Executive Gerhard Prante Sells 1,150 Shares Under 10b5-1 Plan

Cibus Inc. executive Gerhard Prante sold 1,150 shares of Class A Common Stock at $4.43 per share, as part of a pre-arranged trading plan.

Summary

• Gerhard Prante, an executive at Cibus Inc., sold 1,150 shares of Class A Common Stock.
• The sale was executed on December 10, 2024, at a price of $4.43 per share.
• The total value of the shares sold was $5,094.50.
• This transaction was conducted automatically under a Rule 10b5-1 trading plan.
• The trading plan was adopted by Mr. Prante on August 16, 2024.

Sentiment

Score: 5

Explanation: The document reports a routine stock sale by an executive under a pre-arranged plan, which is neither positive nor negative for the company's outlook.

Industry Context

Sales by executives under 10b5-1 plans are a common practice and are generally not indicative of the company's performance or future prospects.

Comparison to Industry Standards

• Rule 10b5-1 trading plans are a standard practice for corporate insiders to sell shares without being accused of insider trading.
• The sale of 1,150 shares is a relatively small transaction and is unlikely to have a significant impact on the stock price.

Stakeholder Impact

• The sale is unlikely to have a significant impact on shareholders due to the small volume of shares sold.

Key Dates

Keywords

Cibus Inc., Gerhard Prante, stock sale, Rule 10b5-1, insider trading, Class A Common Stock