Form 4: TPG Executives Report Ceribell Inc. Share Transactions Following IPO

TPG executives, including David Bonderman, James G. Coulter, and Jon Winkelried, reported transactions involving Ceribell, Inc. shares following the company's initial public offering on October 15, 2024.

Summary

• TPG GP A, LLC, along with David Bonderman, James G. Coulter, and Jon Winkelried, filed a Form 4 detailing changes in beneficial ownership of Ceribell, Inc. (CBLL) securities.
• The filing reports transactions related to Ceribell's initial public offering (IPO) on October 15, 2024.
• TPG Rise Clearthought, indirectly held by the reporting persons, acquired 380,268 shares of Common Stock at $17.00 per share in connection with the IPO.
• 2,221,067 shares of Series B Preferred Stock and 1,366,087 shares of Series C-1 Preferred Stock automatically converted into Common Stock upon the IPO's consummation.
• Following the reported transactions, TPG Rise Clearthought beneficially owns 3,967,422 shares of Common Stock.
• The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing related to an IPO. It doesn't contain overtly positive or negative information, but the successful IPO is a positive event for the company and its investors.

Industry Context

This filing is a standard procedure following an IPO, where significant shareholders and related parties report their transactions to the SEC. It provides transparency regarding ownership changes after the public offering.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of Ceribell, Inc. following its IPO.
• The transactions reported may influence investor perception of the company's stock.

Key Dates