Form 4: Cerebras Systems CTO Sells Shares

Sentiment:

Insider Transaction (Form 4)


Sean Lie, Chief Technology Officer of Cerebras Systems Inc., sold 120,000 shares of common stock on September 25, 2026.

Summary

  • Conversion of derivative: acquired 120,000 Class A Common Stock on September 25, 2026; holds 465,569 after (Direct).
  • Bona fide gift: disposed of 36,000 Class A Common Stock on September 25, 2026; holds 429,569 after (Direct).
  • Open-market sale: disposed of 500 Class A Common Stock at $212.14 ($106,070) on September 25, 2026; holds 429,069 after (Direct).
  • Open-market sale: disposed of 9,177 Class A Common Stock at $211.32 ($1,939,284) on September 25, 2026; holds 419,892 after (Direct).
  • Open-market sale: disposed of 30,565 Class A Common Stock at $210.45 ($6,432,404) on September 25, 2026; holds 389,327 after (Direct).
  • Open-market sale: disposed of 29,991 Class A Common Stock at $209.53 ($6,284,014) on September 25, 2026; holds 359,336 after (Direct).
  • Open-market sale: disposed of 21,022 Class A Common Stock at $208.41 ($4,381,195) on September 25, 2026; holds 338,314 after (Direct).
  • Open-market sale: disposed of 6,869 Class A Common Stock at $207.54 ($1,425,592) on September 25, 2026; holds 331,445 after (Direct).
  • Open-market sale: disposed of 13,776 Class A Common Stock at $206.63 ($2,846,535) on September 25, 2026; holds 317,669 after (Direct).
  • Open-market sale: disposed of 5,900 Class A Common Stock at $205.30 ($1,211,270) on September 25, 2026; holds 311,769 after (Direct).
  • Open-market sale: disposed of 2,200 Class A Common Stock at $204.50 ($449,900) on September 25, 2026; holds 309,569 after (Direct).
  • Option exercise/conversion: disposed of 116,875 Stock Option on September 25, 2026; holds 172,146 after (Direct).
  • Option exercise/conversion: disposed of 3,125 Stock Option on September 25, 2026; holds 32,420 after (Direct).
  • Option exercise/conversion: acquired 120,000 Class B Common Stock on September 25, 2026; holds 7,702,992 after (Direct).
  • Conversion of derivative: disposed of 120,000 Class B Common Stock on September 25, 2026; holds 7,582,992 after (Direct).

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $25,076,264 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.

Insider Transactions

Sean Lie — Officer (Chief Technology Officer)

Transaction made under a Rule 10b5-1 trading plan.

DateTransactionSecuritySharesPriceValueHeld After
2026-09-25Conversion of derivativeClass A Common Stock120,000——465,569
2026-09-25Bona fide giftClass A Common Stock36,000——429,569
2026-09-25Open-market saleClass A Common Stock500$212$106.1K429,069
2026-09-25Open-market saleClass A Common Stock9,177$211$1.9M419,892
2026-09-25Open-market saleClass A Common Stock30,565$210$6.4M389,327
2026-09-25Open-market saleClass A Common Stock29,991$210$6.3M359,336
2026-09-25Open-market saleClass A Common Stock21,022$208$4.4M338,314
2026-09-25Open-market saleClass A Common Stock6,869$208$1.4M331,445
2026-09-25Open-market saleClass A Common Stock13,776$207$2.8M317,669
2026-09-25Open-market saleClass A Common Stock5,900$205$1.2M311,769
2026-09-25Open-market saleClass A Common Stock2,200$205$449.9K309,569
2026-09-25Option exercise/conversionStock Option116,875——172,146
2026-09-25Option exercise/conversionStock Option3,125——32,420
2026-09-25Option exercise/conversionClass B Common Stock120,000——7,702,992
2026-09-25Conversion of derivativeClass B Common Stock120,000——7,582,992

Key Dates

DateDescription
2026-09-25Conversion of derivative (120,000 shares)
2026-09-25Bona fide gift (36,000 shares)
2026-09-25Open-market sale (500 shares)
2026-09-25Open-market sale (9,177 shares)
2026-09-25Open-market sale (30,565 shares)
2026-09-25Open-market sale (29,991 shares)
2026-09-25Open-market sale (21,022 shares)
2026-09-25Open-market sale (6,869 shares)
2026-09-25Open-market sale (13,776 shares)
2026-09-25Open-market sale (5,900 shares)
2026-09-25Open-market sale (2,200 shares)
2026-09-25Option exercise/conversion (116,875 shares)
2026-09-25Option exercise/conversion (3,125 shares)
2026-09-25Option exercise/conversion (120,000 shares)
2026-09-25Conversion of derivative (120,000 shares)

Keywords

insider transaction, Form 4, CBRS, Cerebras Systems Inc., bearish, Sean Lie

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