Cerebras (CBRS) Director Eric Vishria Receives 44,507 Shares

What Happened Eric Vishria, a director of Cerebras Systems (CBRS), was reported to have acquired 44,507 shares on 2026-09-21. The Form 4 lists the transaction as an "other acquisition or disposition (J)" at $0.00 per share (total value $0). Footnote F1 states these shares were a pro‑rata, in‑kind distribution by Benchmark Capital Partners VIII and affiliated funds to their partners under a Rule 10b5‑1 plan; F2 notes the shares are held by entities controlled by the reporting person. This was an acquisition via fund distribution, not an open‑market purchase.

Key Details

• Transaction date: 2026-09-21
• Price: $0.00 per share; Shares acquired: 44,507; Total reported value: $0
• Filing date: 2026-09-23 (filed two days after the transaction) — appears timely under Form 4 rules
• Shares owned after transaction: Not specified in the filing (held by entities controlled by Vishria per F2)
• Footnotes: F1 = pro‑rata, in‑kind distribution by BCP VIII under a Rule 10b5‑1 plan; F2 = shares held by entities controlled by the reporting person
• Transaction code J indicates an "other acquisition/disposition" — here used for a fund distribution, not a market trade

Context This transaction reflects a pass‑through distribution from a venture/fund entity to its partners rather than a direct purchase or sale by the insider. Such in‑kind distributions typically reflect fund-level actions (e.g., liquidity or reallocation) and do not necessarily indicate the director’s personal trading intent. The shares are reported as held by entities controlled by Vishria, so the filing documents beneficial ownership rather than a typical brokerage buy or sell.