Form 4: Cerus Corp CFO Kevin Green Sells Shares to Cover Tax Obligations

Kevin Green, CFO of Cerus Corporation, sold shares of common stock on March 13 and 14, 2025, to cover statutory tax withholding obligations related to vesting restricted stock units.

Summary

• Kevin Green, the Chief Financial Officer of Cerus Corporation, sold shares of the company's common stock on March 13 and 14, 2025.
• The sales were executed to cover statutory tax withholding obligations and brokerage fees associated with the vesting of restricted stock units.
• On March 13, 2025, 23,147 shares were sold at a weighted average price of $1.45, with individual prices ranging from $1.39 to $1.47.
• On March 14, 2025, 36,740 shares were sold at a weighted average price of $1.45, with individual prices ranging from $1.39 to $1.45.
• Following these transactions, Green directly owns 875,867 shares of Cerus Corporation's common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing relates to routine stock sales for tax purposes and doesn't indicate any fundamental change in the company's prospects.

Industry Context

This is a routine disclosure related to executive stock transactions and is common for publicly traded companies. The sale appears to be related to tax obligations and not necessarily indicative of a change in the executive's confidence in the company.

Stakeholder Impact

• The stock sales could have a minor dilutive effect on existing shareholders, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates