Form 4: Ceribell's Chief Technology Officer, Raymond Woo, Reports Stock and Option Transactions

Raymond Woo, Chief Technology Officer of Ceribell, Inc., reports the acquisition of restricted stock units and stock options.

Summary

• On April 1, 2025, Raymond Woo, the Chief Technology Officer of Ceribell, Inc., reported transactions involving the company's securities.
• Woo acquired 30,695 shares of common stock through the grant of restricted stock units (RSUs) at a price of $0.
• He also acquired options to purchase 51,159 shares of common stock at an exercise price of $18.77, exercisable quarterly from August 20, 2025, and expiring on April 1, 2035.
• Following these transactions, Woo directly owns 148,391 shares of common stock and options for 51,159 shares.

Sentiment

Score: 6

Explanation: The document itself is neutral, simply reporting transactions. The grant of equity to the CTO could be viewed as a mildly positive sign of confidence in the company's future.

Positives

• The grant of RSUs and stock options to the CTO could be seen as a positive sign, aligning his interests with the company's long-term success.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the stock options.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The granting of stock options and RSUs is a common practice to incentivize and retain key personnel in the tech industry.

Comparison to Industry Standards

• Stock option grants are a standard component of compensation packages for technology company executives, often benchmarked against peer companies of similar size and stage.
• The vesting schedule of the options, with quarterly vesting starting several months after the grant date, is a typical arrangement designed to incentivize continued service.
• The exercise price of $18.77 would be compared to the current market price of Ceribell stock to assess the immediate value of the options to the recipient.

Stakeholder Impact

• The transactions reported in the Form 4 filing provide transparency to shareholders regarding insider activity.
• The equity grants incentivize the CTO to contribute to the company's long-term success, potentially benefiting all stakeholders.

Key Dates

Keywords

Ceribell, Raymond Woo, stock options, RSUs, Form 4, beneficial ownership, securities, CTO