SCHEDULE 13G: CeriBell Director Josef Parvizi Discloses 5.8% Beneficial Ownership Stake
Beneficial Ownership Report
Josef Parvizi, a director of CeriBell, Inc., has filed a Schedule 13G disclosing a beneficial ownership of 5.8% of the company's common stock as of December 31, 2024.
Summary
- Josef Parvizi, a director of CeriBell, Inc., is the reporting person for this Schedule 13G filing.
- Mr. Parvizi beneficially owns an aggregate of 2,084,205 shares of CeriBell, Inc. common stock.
- This ownership represents 5.8% of the company's outstanding common stock.
- The beneficial ownership includes 807,206 shares over which Mr. Parvizi has sole voting and dispositive power.
- Additionally, Mr. Parvizi shares voting and dispositive power over 1,276,999 shares.
- The shared ownership includes 369,088 shares held by the ACP 2021 Trust and 907,911 shares held by the Innovation ACP Trust, for both of which Mr. Parvizi serves as a co-trustee.
- The percentage of ownership 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 filed on November 12, 2024.
Sentiment
Score: 6
Explanation: The document is a routine regulatory disclosure of beneficial ownership by a company director. While it doesn't contain financial performance data, the significant insider stake can be viewed as a neutral to slightly positive signal of alignment.
Positives
- The disclosure of a significant beneficial ownership stake (5.8%) by a company director can be viewed as a positive indicator of management alignment with shareholder interests.
Future Outlook
This Schedule 13G filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine disclosure of a significant ownership stake by an insider, common across all industries for publicly traded companies, and does not provide specific industry-related trends or competitive analysis.
Stakeholder Impact
- Shareholders gain transparency regarding the ownership structure and the extent of a director's personal investment in the company.
Key Dates
| Date | Description |
|---|---|
| 11/11/2024 | Date of shares outstanding calculation (35,824,244 shares). |
| 11/12/2024 | Date CeriBell, Inc. filed its Quarterly Report on Form 10-Q. |
| 12/31/2024 | Date of event which requires the filing of this statement (beneficial ownership snapshot). |
| 02/12/2025 | Signature date of the Schedule 13G filing. |
Keywords
CeriBell Inc., Josef Parvizi, Beneficial Ownership, Schedule 13G, Common Stock, SEC Filing, Director Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.