Form 4: Cerus Corp CFO Kevin Green Reports Stock Transactions

Kevin Green, CFO of Cerus Corporation, reports the acquisition and disposal of common stock and restricted stock units.

Summary

• Kevin Green, the Chief Financial Officer of Cerus Corporation, reported transactions involving the company's stock.
• On March 3, 2025, Green acquired 18,550 shares of common stock through the exercise of restricted stock units (RSUs).
• Also on March 3, 2025, Green sold 60,656 shares of common stock at a weighted average price of $1.5773 per share, ranging from $1.525 to $1.67.
• On March 4, 2025, Green sold 8,386 shares of common stock at a weighted average price of $1.5485 per share, ranging from $1.49 to $1.59.
• These sales were executed pursuant to a 10b5-1 plan and an instruction to cover tax withholding obligations related to vesting RSUs.
• Following these transactions, Green directly owns 493,862 shares of Cerus common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
• The sales to cover tax obligations are a normal part of equity compensation and are unlikely to significantly affect stakeholders.

Key Dates