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Vassallo Steven's Form 4 filing

Cerebras Systems Inc. (CBRS) · filed Aug 18, 2026

Accession no.
0001567929-26-000003
Filed
Aug 18, 2026, 6:38 PM ET
Trade date
Jun 24-Aug 14, 2026
Filing delay
55 daysLate
Rule 10b5-1 plan
Not checked

This filing lists 19 non-derivative transactions and 6 derivative transactions. Open-market sales total $10.9M. It was filed 55 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Vassallo StevenCIK 0001567929Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jun 24, 2026Class A Common StockCConversionAcquired+1,391,131–F1–1,391,131IndirectDuplicate filing
Jun 24, 2026Class A Common StockCConversionAcquired+29,963–F1–29,963IndirectDuplicate filing
Jun 24, 2026Class A Common StockCConversionAcquired+109,141–F1–109,141IndirectDuplicate filing
Aug 14, 2026Class A Common StockCConversionAcquired+347,782–F1–1,738,913IndirectDuplicate filing
Aug 14, 2026Class A Common StockCConversionAcquired+7,490–F1–37,453IndirectDuplicate filing
Aug 14, 2026Class A Common StockCConversionAcquired+27,285–F1–136,426IndirectDuplicate filing
Aug 14, 2026Class A Common StockJOtherDisposed−1,738,913$0.00$00IndirectDuplicate filing
Aug 14, 2026Class A Common StockJOtherDisposed−37,453$0.00$00IndirectDuplicate filing
Aug 14, 2026Class A Common StockJOtherDisposed−136,426$0.00$00IndirectDuplicate filing
Aug 14, 2026Class A Common StockJOtherAcquired+449,885$0.00$0449,885Indirect
Aug 14, 2026Class A Common StockJOtherDisposed−449,885$0.00$00IndirectDuplicate filing
Aug 14, 2026Class A Common StockJOtherAcquired+1,368$0.00$01,368Indirect
Aug 14, 2026Class A Common StockJOtherAcquired+99,599$0.00$099,599Indirect
Aug 14, 2026Class A Common StockJOtherAcquired+50,944$0.00$050,944Indirect
Aug 14, 2026Class A Common StockSSaleDisposed−6,081$216.38F17−$1,315,806.7893,518Indirect
Aug 14, 2026Class A Common StockSSaleDisposed−16,671$217.47F18−$3,625,442.3776,847Indirect
Aug 14, 2026Class A Common StockSSaleDisposed−11,834$218.46F19−$2,585,255.6465,013Indirect
Aug 14, 2026Class A Common StockSSaleDisposed−14,323$219.41F20−$3,142,609.4350,690Indirect
Aug 14, 2026Class A Common StockSSaleDisposed−1,091$219.97F21−$239,987.2749,599Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jun 24, 2026Class A Common StockCConversionDisposed−1,391,131–F1–12,520,174IndirectDuplicate filing
Jun 24, 2026Class A Common StockCConversionDisposed−29,963–F1–269,664IndirectDuplicate filing
Jun 24, 2026Class A Common StockCConversionDisposed−109,141–F1–982,270IndirectDuplicate filing
Aug 14, 2026Class A Common StockCConversionDisposed−347,782–F1–12,172,392IndirectDuplicate filing
Aug 14, 2026Class A Common StockCConversionDisposed−7,490–F1–262,174IndirectDuplicate filing
Aug 14, 2026Class A Common StockCConversionDisposed−27,285–F1–954,985IndirectDuplicate filing

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Each share of Class B Common Stock was converted into one share of Class A Common Stock for no additional consideration.

Referenced by the price of 6 transactions in Table I and 6 transactions in Table II.

F17

The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $215.79 to $216.78 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F18

The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $216.87 to $217.86 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F19

The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $217.90 to $218.89 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F20

The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $218.90 to $219.89 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F21

The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $219.90 to $220.15 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)