Form 4: Cerus Corp's Chief Legal Officer Sells Shares to Cover Tax Obligations

Chrystal Jensen, Chief Legal Officer of Cerus Corp, sold shares on March 13 and 14, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Chrystal Jensen, the Chief Legal Officer of Cerus Corporation, sold shares of common stock on March 13 and March 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, 18,949 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, 30,075 shares were sold at a weighted average price of $1.45, with individual prices ranging from $1.39 to $1.45.
• Following these transactions, Jensen directly owns 783,294 shares of Cerus Corp common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (stock sale for tax obligations) and doesn't inherently indicate positive or negative sentiment regarding the company's prospects.

Industry Context

Sales by company insiders are a common occurrence, often related to compensation and tax planning. The fact that the sale was executed under a 10b5-1 plan suggests it was pre-arranged and not based on any specific non-public information.

Stakeholder Impact

• The stock sales may have a minor dilutive effect on existing shareholders.

Key Dates