Form 4: Cerebras Systems Director Sells Shares

Sentiment:

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

DateTransactionSecuritySharesPriceValueHeld After
2026-06-24Conversion of derivativeClass A Common Stock1,391,131——1,391,131
2026-06-24Conversion of derivativeClass A Common Stock29,963——29,963
2026-06-24Conversion of derivativeClass A Common Stock109,141——109,141
2026-08-14Conversion of derivativeClass A Common Stock347,782——1,738,913
2026-08-14Conversion of derivativeClass A Common Stock7,490——37,453
2026-08-14Conversion of derivativeClass A Common Stock27,285——136,426
2026-08-14Other acquisition/dispositionClass A Common Stock1,738,913——0
2026-08-14Other acquisition/dispositionClass A Common Stock37,453——0
2026-08-14Other acquisition/dispositionClass A Common Stock136,426——0
2026-08-14Other acquisition/dispositionClass A Common Stock449,885——449,885
2026-08-14Other acquisition/dispositionClass A Common Stock449,885——0
2026-08-14Other acquisition/dispositionClass A Common Stock1,368——1,368
2026-08-14Other acquisition/dispositionClass A Common Stock99,599——99,599
2026-08-14Other acquisition/dispositionClass A Common Stock50,944——50,944
2026-08-14Open-market saleClass A Common Stock6,081$216$1.3M93,518
2026-08-14Open-market saleClass A Common Stock16,671$217$3.6M76,847
2026-08-14Open-market saleClass A Common Stock11,834$218$2.6M65,013
2026-08-14Open-market saleClass A Common Stock14,323$219$3.1M50,690
2026-08-14Open-market saleClass A Common Stock1,091$220$240.0K49,599
2026-06-24Conversion of derivativeClass B Common Stock1,391,131——12,520,174
2026-06-24Conversion of derivativeClass B Common Stock29,963——269,664
2026-06-24Conversion of derivativeClass B Common Stock109,141——982,270
2026-08-14Conversion of derivativeClass B Common Stock347,782——12,172,392
2026-08-14Conversion of derivativeClass B Common Stock7,490——262,174
2026-08-14Conversion of derivativeClass B Common Stock27,285——954,985

Key Dates

DateDescription
2026-06-24Conversion of derivative (1,391,131 shares)
2026-06-24Conversion of derivative (29,963 shares)
2026-06-24Conversion of derivative (109,141 shares)
2026-08-14Conversion of derivative (347,782 shares)
2026-08-14Conversion of derivative (7,490 shares)
2026-08-14Conversion of derivative (27,285 shares)
2026-08-14Other acquisition/disposition (1,738,913 shares)
2026-08-14Other acquisition/disposition (37,453 shares)
2026-08-14Other acquisition/disposition (136,426 shares)
2026-08-14Other acquisition/disposition (449,885 shares)
2026-08-14Other acquisition/disposition (449,885 shares)
2026-08-14Other acquisition/disposition (1,368 shares)
2026-08-14Other acquisition/disposition (99,599 shares)
2026-08-14Other acquisition/disposition (50,944 shares)
2026-08-14Open-market sale (6,081 shares)
2026-08-14Open-market sale (16,671 shares)
2026-08-14Open-market sale (11,834 shares)
2026-08-14Open-market sale (14,323 shares)
2026-08-14Open-market sale (1,091 shares)
2026-06-24Conversion of derivative (1,391,131 shares)
2026-06-24Conversion of derivative (29,963 shares)
2026-06-24Conversion of derivative (109,141 shares)
2026-08-14Conversion of derivative (347,782 shares)
2026-08-14Conversion of derivative (7,490 shares)
2026-08-14Conversion of derivative (27,285 shares)

Keywords

insider transaction, Form 4, CBRS, Cerebras Systems Inc., bearish, Steven Vassallo

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