Form 4: Ceribell Director Juliet Tammenoms Bakker Reports Acquisition of Restricted Stock Units
Insider Transaction Disclosure
Ceribell, Inc. Director Juliet Tammenoms Bakker has reported the acquisition of 8,828 restricted stock units (RSUs) and updated her beneficial ownership, including significant indirect holdings through Longitude Venture Partners IV, L.P.
Summary
- Juliet Tammenoms Bakker, a Director of Ceribell, Inc. (CBLL), acquired 8,828 shares of Common Stock on June 10, 2025, which represent restricted stock units (RSUs).
- The acquisition price for these RSUs was $0 per unit, typical for a grant.
- Following this transaction, Ms. Tammenoms Bakker directly beneficially owns 15,446 shares of Common Stock.
- Additionally, she indirectly beneficially owns 2,475,110 shares of Common Stock through Longitude Venture Partners IV, L.P. (LVPIV).
- Ms. Tammenoms Bakker is a managing member of Longitude Capital Partners IV, LLC (LCPIV), the general partner of LVPIV, and may be deemed to share voting, investment, and dispositive power over the securities held by LVPIV.
- She, along with LCPIV and Patrick G. Enright, disclaims beneficial ownership of these indirect securities except to the extent of their respective pecuniary interests.
Sentiment
Score: 6
Explanation: The sentiment is slightly positive as the RSU grant aligns the director's interests with shareholders, but it is a routine disclosure with no significant impact on company operations or financial health.
Positives
- The grant of 8,828 restricted stock units to Director Juliet Tammenoms Bakker aligns her interests more closely with those of Ceribell, Inc. shareholders, as her compensation is now tied to the company's future performance.
Negatives
- No negative information is directly indicated by this routine insider transaction filing.
Risks
- No specific risks related to the company's operations or financial health are disclosed in this Form 4 filing, which primarily reports an insider transaction.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding Ceribell, Inc.'s future performance or strategic outlook.
Industry Context
This filing is a routine disclosure of an insider equity transaction and does not provide information that allows for an analysis of broader industry trends or competitive positioning.
Related Party Transactions
- Juliet Tammenoms Bakker's indirect beneficial ownership of 2,475,110 shares is held by Longitude Venture Partners IV, L.P., where she is a managing member of the general partner, Longitude Capital Partners IV, LLC. This represents a related party interest.
Stakeholder Impact
- Shareholders: The RSU grant increases the alignment of a director's interests with shareholder value, as her compensation is now more directly tied to the company's stock performance.
- Employees: No direct impact on employees is indicated by this filing.
- Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 06/10/2025 | Date of transaction where Juliet Tammenoms Bakker acquired 8,828 restricted stock units. |
| 06/17/2025 | Date the Form 4 filing was signed and submitted to the SEC. |
Keywords
Ceribell Inc., CBLL, SEC Form 4, insider transaction, restricted stock units, RSU grant, director compensation, beneficial ownership, Longitude Venture Partners, equity compensation
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.