SCHEDULE 13G: CeriBell CEO and Co-Founder Xingjuan Chao Discloses 5.5% Beneficial Ownership Stake

CeriBell, Inc.'s President, CEO, and Co-Founder, Xingjuan Chao, has disclosed a beneficial ownership of 5.5% of the company's common stock as of December 31, 2024.

Summary

• Xingjuan Chao, President, CEO, and Co-Founder of CeriBell, Inc., reported beneficial ownership of 1,987,230 shares of the company's common stock.
• This represents 5.5% of the total outstanding common stock as of December 31, 2024.
• The ownership includes 1,618,142 shares with sole voting and dispositive power, and 369,088 shares with shared voting and dispositive power.
• The shares are comprised of 661,201 shares held directly, 956,941 shares underlying stock options exercisable within 60 days of December 31, 2024, and 369,088 shares held by the ACP 2021 Trust, where Ms. Chao serves as a co-trustee.
• The percentage is calculated based on 35,824,244 shares of common stock outstanding as of November 11, 2024, as disclosed in the Issuer's Form 10-Q.

Sentiment

Score: 6

Explanation: The disclosure of a significant beneficial ownership by the CEO and Co-Founder is generally a positive signal, indicating alignment of interests. However, as a routine regulatory filing, it doesn't inherently convey strong positive or negative sentiment about the company's operational performance or future prospects.

Positives

• The CEO and Co-Founder, Xingjuan Chao, holds a significant beneficial ownership stake of 5.5%, indicating strong alignment of interests with shareholders.
• A substantial portion of the ownership (956,941 shares) comes from exercisable stock options, suggesting long-term commitment and potential upside belief in the company's future.

Future Outlook

NA

Management Comments

• "The reporting person is the record holder of 661,201 shares of Common Stock and may be deemed to beneficially own 956,941 shares of Common Stock underlying stock options exercisable on or within 60 days of December 31, 2024."
• "The reporting person may also be deemed to share beneficial ownership of 369,088 shares of Common Stock held by the ACP 2021 Trust of which she is a co-trustee."

Industry Context

This filing is a standard disclosure of beneficial ownership by a key executive and does not provide specific industry context or trends. It primarily reflects an individual's stake in the company rather than broader industry dynamics.

Related Party Transactions

• Xingjuan Chao shares beneficial ownership of 369,088 shares of Common Stock held by the ACP 2021 Trust, of which she is a co-trustee. This represents a related party holding.

Stakeholder Impact

• Shareholders: The disclosure of significant insider ownership by the CEO and Co-Founder may be viewed positively, suggesting management's confidence and alignment with shareholder interests.

Key Dates

Recommendation

Keywords

CeriBell Inc., Xingjuan Chao, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Insider Ownership, Corporate Governance, Stock Options, CEO Ownership