CBLL.NASDAQCeribell, INC

SCHEDULE: FMR LLC, Abigail Johnson Boost Ceribell Stake to 12.2%

Sentiment:

Beneficial Ownership Report


FMR LLC and its Chairman and CEO, Abigail P. Johnson, reported a combined beneficial ownership of 12.2% in Ceribell Inc. common stock as of September 30, 2025.

Summary

  • FMR LLC and Abigail P. Johnson, its Chairman and Chief Executive Officer, jointly reported beneficial ownership of 4,481,539.21 shares of Ceribell Inc. common stock.
  • This aggregate amount represents 12.2% of Ceribell Inc.'s total outstanding common stock.
  • FMR LLC holds sole voting power over 4,480,190.00 shares and sole dispositive power over 4,481,539.21 shares.
  • Abigail P. Johnson holds sole dispositive power over 4,481,539.21 shares, with no sole or shared voting power directly.
  • The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported ownership position.
  • The reporting persons certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Ceribell Inc.

Sentiment

Score: 7

Explanation: The disclosure of a significant and stable institutional ownership stake by a major asset manager like FMR LLC (Fidelity) and its CEO is generally viewed positively, indicating confidence in the company. The explicit statement that the stake is not for control purposes also reduces potential investor anxiety regarding hostile takeovers or activist campaigns.

Positives

  • A significant stake of 12.2% by a major institutional investor like FMR LLC (Fidelity) can signal strong confidence in Ceribell Inc.'s long-term prospects and business model.
  • The continued holding of this substantial position by FMR LLC and its leadership, including Abigail P. Johnson, suggests a stable and committed institutional presence on the shareholder register.

Risks

  • No specific risks related to Ceribell Inc.'s operations, financial health, or strategic direction are disclosed in this beneficial ownership report.
  • The filing explicitly states the securities were not acquired for the purpose of changing or influencing control, mitigating immediate control-related risks for the issuer.

Future Outlook

This filing is a beneficial ownership report and does not contain forward-looking statements or guidance regarding Ceribell Inc.'s future performance, operations, or strategic initiatives.

Management Comments

  • The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

The disclosure of a significant stake by a prominent asset manager like FMR LLC (Fidelity) in Ceribell Inc. indicates that institutional investors perceive value or potential in the company. Such a substantial holding can attract attention from other institutional investors and potentially increase liquidity and investor confidence in Ceribell Inc. within its sector.

Comparison to Industry Standards

  • This filing is a beneficial ownership report and does not provide financial or operational results for comparison to industry standards.
  • The 12.2% stake held by FMR LLC and Abigail P. Johnson represents a significant institutional position, often observed in companies that have attracted substantial investment from large asset managers like Fidelity, which manages trillions in assets across various sectors.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Internal Ownership Structure DisclosureThe filing details the ownership structure of FMR LLC, noting that the Johnson family, including Abigail P. Johnson, are predominant owners of Series B voting common shares (49% voting power) and have a voting agreement, forming a controlling group with respect to FMR LLC. This pertains to FMR LLC's internal governance and not a change in Ceribell Inc.'s governance.Provides transparency into the control structure of the reporting entity, FMR LLC, but does not directly impact Ceribell Inc.'s corporate governance.

Stakeholder Impact

  • Shareholders: The significant institutional ownership by FMR LLC may enhance investor confidence and potentially attract further institutional investment, which could positively impact share price stability and liquidity.
  • Management: The presence of a large, non-activist institutional investor typically provides a stable shareholder base, allowing management to focus on long-term strategic execution without immediate pressure from activist campaigns.

Next Steps

  • FMR LLC and Abigail P. Johnson will continue to monitor their investment in Ceribell Inc.
  • Further amendments to this Schedule 13G would be filed if there are material changes to their beneficial ownership or investment intent.

Key Dates

DateDescription
2023-01-03Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries.
2023-01-10Date of Schedule 13G filing by FMR LLC where its Power of Attorney was incorporated by reference.
2023-01-26Effective date of Power of Attorney for Abigail P. Johnson.
2023-01-31Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's Power of Attorney was incorporated by reference.
2025-09-30Date of event which requires filing of this statement, reflecting the beneficial ownership position.
2025-11-04Date of signing of the Schedule 13G Amendment No. 1 by FMR LLC and Abigail P. Johnson.

Recommendation

hold

The filing indicates a significant, stable institutional ownership by FMR LLC and its CEO, Abigail P. Johnson, in Ceribell Inc. This suggests a vote of confidence from a major asset manager, which is generally a positive signal. However, a Schedule 13G filing primarily reports ownership and does not provide new financial performance data or strategic updates that would warrant a 'buy' or 'sell' recommendation based solely on this document. The 'hold' recommendation reflects the stability implied by the institutional stake without new catalysts for significant price movement from this specific filing.

Keywords

Ceribell Inc, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Institutional Investor, Common Stock, Fidelity

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