Form 4: Cerus Corp Director Daniel N Swisher Jr. Increases Stake with Recent Stock Purchase

Director Daniel N Swisher Jr. of Cerus Corporation (CERS) recently purchased 2,500 shares of common stock at an average price of $1.8755.

Summary

• On May 9, 2024, Daniel N Swisher Jr., a director of Cerus Corporation, acquired 2,500 shares of common stock.
• The shares were purchased at a weighted average price of $1.8755, with individual prices ranging from $1.875 to $1.8765 per share.
• Following the transaction, Swisher directly owns 107,045 shares of Cerus Corporation.
• The purchase was executed under a prearranged 10b5-1 trading plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying can be interpreted as a sign of confidence, but the purchase is relatively small and may not be highly significant.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company insiders.

Key Dates