Form 4: Cerebras Systems Director Sells Shares
Insider Transaction (Form 4)
Steven Vassallo, a Director of Cerebras Systems Inc., sold 50,000 shares of common stock on June 24, 2026.
Summary
- Conversion of derivative: acquired 1,391,131 Class A Common Stock on June 24, 2026; holds 1,391,131 after (Indirect).
- Conversion of derivative: acquired 29,963 Class A Common Stock on June 24, 2026; holds 29,963 after (Indirect).
- Conversion of derivative: acquired 109,141 Class A Common Stock on June 24, 2026; holds 109,141 after (Indirect).
- Conversion of derivative: acquired 347,782 Class A Common Stock on August 14, 2026; holds 1,738,913 after (Indirect).
- Conversion of derivative: acquired 7,490 Class A Common Stock on August 14, 2026; holds 37,453 after (Indirect).
- Conversion of derivative: acquired 27,285 Class A Common Stock on August 14, 2026; holds 136,426 after (Indirect).
- Other acquisition/disposition: disposed of 1,738,913 Class A Common Stock on August 14, 2026 (Indirect).
- Other acquisition/disposition: disposed of 37,453 Class A Common Stock on August 14, 2026 (Indirect).
- Other acquisition/disposition: disposed of 136,426 Class A Common Stock on August 14, 2026 (Indirect).
- Other acquisition/disposition: acquired 449,885 Class A Common Stock on August 14, 2026; holds 449,885 after (Indirect).
- Other acquisition/disposition: disposed of 449,885 Class A Common Stock on August 14, 2026 (Indirect).
- Other acquisition/disposition: acquired 1,368 Class A Common Stock on August 14, 2026; holds 1,368 after (Indirect).
- Other acquisition/disposition: acquired 99,599 Class A Common Stock on August 14, 2026; holds 99,599 after (Indirect).
- Other acquisition/disposition: acquired 50,944 Class A Common Stock on August 14, 2026; holds 50,944 after (Indirect).
- Open-market sale: disposed of 6,081 Class A Common Stock at $216.38 ($1,315,807) on August 14, 2026; holds 93,518 after (Indirect).
- Open-market sale: disposed of 16,671 Class A Common Stock at $217.47 ($3,625,442) on August 14, 2026; holds 76,847 after (Indirect).
- Open-market sale: disposed of 11,834 Class A Common Stock at $218.46 ($2,585,256) on August 14, 2026; holds 65,013 after (Indirect).
- Open-market sale: disposed of 14,323 Class A Common Stock at $219.41 ($3,142,609) on August 14, 2026; holds 50,690 after (Indirect).
- Open-market sale: disposed of 1,091 Class A Common Stock at $219.97 ($239,987) on August 14, 2026; holds 49,599 after (Indirect).
- Conversion of derivative: disposed of 1,391,131 Class B Common Stock on June 24, 2026; holds 12,520,174 after (Indirect).
- Conversion of derivative: disposed of 29,963 Class B Common Stock on June 24, 2026; holds 269,664 after (Indirect).
- Conversion of derivative: disposed of 109,141 Class B Common Stock on June 24, 2026; holds 982,270 after (Indirect).
- Conversion of derivative: disposed of 347,782 Class B Common Stock on August 14, 2026; holds 12,172,392 after (Indirect).
- Conversion of derivative: disposed of 7,490 Class B Common Stock on August 14, 2026; holds 262,174 after (Indirect).
- Conversion of derivative: disposed of 27,285 Class B Common Stock on August 14, 2026; holds 954,985 after (Indirect).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $10,909,101 of stock on the open market.
Insider Transactions
Steven Vassallo — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-06-24 | Conversion of derivative | Class A Common Stock | 1,391,131 | — | — | 1,391,131 |
| 2026-06-24 | Conversion of derivative | Class A Common Stock | 29,963 | — | — | 29,963 |
| 2026-06-24 | Conversion of derivative | Class A Common Stock | 109,141 | — | — | 109,141 |
| 2026-08-14 | Conversion of derivative | Class A Common Stock | 347,782 | — | — | 1,738,913 |
| 2026-08-14 | Conversion of derivative | Class A Common Stock | 7,490 | — | — | 37,453 |
| 2026-08-14 | Conversion of derivative | Class A Common Stock | 27,285 | — | — | 136,426 |
| 2026-08-14 | Other acquisition/disposition | Class A Common Stock | 1,738,913 | — | — | 0 |
| 2026-08-14 | Other acquisition/disposition | Class A Common Stock | 37,453 | — | — | 0 |
| 2026-08-14 | Other acquisition/disposition | Class A Common Stock | 136,426 | — | — | 0 |
| 2026-08-14 | Other acquisition/disposition | Class A Common Stock | 449,885 | — | — | 449,885 |
| 2026-08-14 | Other acquisition/disposition | Class A Common Stock | 449,885 | — | — | 0 |
| 2026-08-14 | Other acquisition/disposition | Class A Common Stock | 1,368 | — | — | 1,368 |
| 2026-08-14 | Other acquisition/disposition | Class A Common Stock | 99,599 | — | — | 99,599 |
| 2026-08-14 | Other acquisition/disposition | Class A Common Stock | 50,944 | — | — | 50,944 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 6,081 | $216 | $1.3M | 93,518 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 16,671 | $217 | $3.6M | 76,847 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 11,834 | $218 | $2.6M | 65,013 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 14,323 | $219 | $3.1M | 50,690 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 1,091 | $220 | $240.0K | 49,599 |
| 2026-06-24 | Conversion of derivative | Class B Common Stock | 1,391,131 | — | — | 12,520,174 |
| 2026-06-24 | Conversion of derivative | Class B Common Stock | 29,963 | — | — | 269,664 |
| 2026-06-24 | Conversion of derivative | Class B Common Stock | 109,141 | — | — | 982,270 |
| 2026-08-14 | Conversion of derivative | Class B Common Stock | 347,782 | — | — | 12,172,392 |
| 2026-08-14 | Conversion of derivative | Class B Common Stock | 7,490 | — | — | 262,174 |
| 2026-08-14 | Conversion of derivative | Class B Common Stock | 27,285 | — | — | 954,985 |
Key Dates
| Date | Description |
|---|---|
| 2026-06-24 | Conversion of derivative (1,391,131 shares) |
| 2026-06-24 | Conversion of derivative (29,963 shares) |
| 2026-06-24 | Conversion of derivative (109,141 shares) |
| 2026-08-14 | Conversion of derivative (347,782 shares) |
| 2026-08-14 | Conversion of derivative (7,490 shares) |
| 2026-08-14 | Conversion of derivative (27,285 shares) |
| 2026-08-14 | Other acquisition/disposition (1,738,913 shares) |
| 2026-08-14 | Other acquisition/disposition (37,453 shares) |
| 2026-08-14 | Other acquisition/disposition (136,426 shares) |
| 2026-08-14 | Other acquisition/disposition (449,885 shares) |
| 2026-08-14 | Other acquisition/disposition (449,885 shares) |
| 2026-08-14 | Other acquisition/disposition (1,368 shares) |
| 2026-08-14 | Other acquisition/disposition (99,599 shares) |
| 2026-08-14 | Other acquisition/disposition (50,944 shares) |
| 2026-08-14 | Open-market sale (6,081 shares) |
| 2026-08-14 | Open-market sale (16,671 shares) |
| 2026-08-14 | Open-market sale (11,834 shares) |
| 2026-08-14 | Open-market sale (14,323 shares) |
| 2026-08-14 | Open-market sale (1,091 shares) |
| 2026-06-24 | Conversion of derivative (1,391,131 shares) |
| 2026-06-24 | Conversion of derivative (29,963 shares) |
| 2026-06-24 | Conversion of derivative (109,141 shares) |
| 2026-08-14 | Conversion of derivative (347,782 shares) |
| 2026-08-14 | Conversion of derivative (7,490 shares) |
| 2026-08-14 | Conversion of derivative (27,285 shares) |
Keywords
insider transaction, Form 4, CBRS, Cerebras Systems Inc., bearish, Steven Vassallo
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