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Patel Yagnesh's Form 4 filing

Cerebras Systems Inc.CBRS · filed Jun 29, 2026

Accession no.
0001628280-26-046035
Filed
Jun 29, 2026
Trade date
Jun 25, 2026
Filing delay
4 days
Rule 10b5-1 plan
Not checked

This filing lists 30 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.04M. It was filed 4 days after the trade.

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
Patel YagneshCIK 0001702410Officer (Chief Accounting Officer)

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 25, 2026Class A Common StockCConversionAcquired+10,079–F1–10,079Direct
Jun 25, 2026Class A Common StockSSaleDisposed−107$162.71F3−$17,409.979,972Direct
Jun 25, 2026Class A Common StockSSaleDisposed−215$164.19F4−$35,300.859,757Direct
Jun 25, 2026Class A Common StockSSaleDisposed−161$166.01F5−$26,727.619,596Direct
Jun 25, 2026Class A Common StockSSaleDisposed−228$166.98F6−$38,071.449,368Direct
Jun 25, 2026Class A Common StockSSaleDisposed−269$169.11F7−$45,490.599,099Direct
Jun 25, 2026Class A Common StockSSaleDisposed−107$171.66F8−$18,367.628,992Direct
Jun 25, 2026Class A Common StockSSaleDisposed−54$175.74−$9,489.968,938Direct
Jun 25, 2026Class A Common StockSSaleDisposed−54$179.80−$9,709.28,884Direct
Jun 25, 2026Class A Common StockSSaleDisposed−54$180.93−$9,770.228,830Direct
Jun 25, 2026Class A Common StockSSaleDisposed−54$182.38−$9,848.528,776Direct
Jun 25, 2026Class A Common StockSSaleDisposed−107$183.60F9−$19,645.28,669Direct
Jun 25, 2026Class A Common StockSSaleDisposed−215$184.96F10−$39,766.48,454Direct
Jun 25, 2026Class A Common StockSSaleDisposed−54$189.36−$10,225.448,400Direct
Jun 25, 2026Class A Common StockSSaleDisposed−193$162.45F11−$31,352.858,207Direct
Jun 25, 2026Class A Common StockSSaleDisposed−185$164.19F4−$30,375.158,022Direct
Jun 25, 2026Class A Common StockSSaleDisposed−269$165.85F5−$44,613.657,753Direct
Jun 25, 2026Class A Common StockSSaleDisposed−796$166.93F12−$132,876.286,957Direct
Jun 25, 2026Class A Common StockSSaleDisposed−663$168.59F13−$111,775.176,294Direct
Jun 25, 2026Class A Common StockSSaleDisposed−239$169.21F14−$40,441.196,055Direct
Jun 25, 2026Class A Common StockSSaleDisposed−993$171.57F15−$170,369.015,062Direct
Jun 25, 2026Class A Common StockSSaleDisposed−200$172.33F16−$34,4664,862Direct
Jun 25, 2026Class A Common StockSSaleDisposed−100$173.91−$17,3914,762Direct
Jun 25, 2026Class A Common StockSSaleDisposed−46$175.74−$8,084.044,716Direct
Jun 25, 2026Class A Common StockSSaleDisposed−100$178.50−$17,8504,616Direct
Jun 25, 2026Class A Common StockSSaleDisposed−46$179.80−$8,270.84,570Direct
Jun 25, 2026Class A Common StockSSaleDisposed−46$180.93−$8,322.784,524Direct
Jun 25, 2026Class A Common StockSSaleDisposed−46$182.38−$8,389.484,478Direct
Jun 25, 2026Class A Common StockSSaleDisposed−93$183.60F17−$17,074.84,385Direct
Jun 25, 2026Class A Common StockSSaleDisposed−385$185.01−$71,228.854,000Direct

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 25, 2026Class A Common StockCConversionDisposed−10,079–F1–120,838Direct

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

The Class B Common Stock is convertible into an equal number of Class A Common Stock at any time, at the Reporting Person's election, and has no expiration date.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

F3

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $162.34 to $163.08, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F4

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $163.82 to $164.60, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 2 transactions in Table I.

F5

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $165.47 to $166.30, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 2 transactions in Table I.

F6

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $166.61 to $167.10, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F7

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $168.63 to $169.37, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F8

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $171.58 to $171.73, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F9

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $183.52 to $183.68, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F10

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $184.61 to $185.52, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F11

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $162.21 to $163.08, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F12

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $166.54 to $167.28, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F13

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $168.08 to $169.02, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F14

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $169.12 to $169.37, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F15

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $171.08 to $172.02, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F16

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $172.27 to $172.38, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

F17

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $184.57 to $185.53, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

Remarks

This Form 4 is the first of two Forms 4 being filed by the Reporting Person relating to transactions that occurred on June 25, 2026 and June 26, 2026 (the "Transaction Dates"). Because there are more than 30 rows associated with the Reporting Person's transactions that occurred on the Transaction Dates, and EDGAR will not allow for the entry of more than 30 rows on a single Form 4, a second Form 4 is also filed to report the transactions that were not included on this first Form 4. The two Forms 4 filed by the Reporting Person on the date hereof should be read together as one consolidated filing.

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