Parvizi Josef 4
Research Summary
AI-generated summary
Ceribell (CBLL) Director Josef Parvizi Sells 16,714 Shares
What Happened
Director Josef Parvizi sold 16,714 shares of Ceribell (CBLL) on February 19, 2026. The weighted average sale price was $20.27 per share, generating proceeds of approximately $338,793. The shares were sold in multiple transactions at prices ranging from $20.00 to $20.77.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (timely filing).
- Type: Sale (S) — open‑market/private sales executed in multiple trades.
- Shares sold: 16,714; weighted average price: $20.27; total proceeds: ~$338,793.
- Price range: $20.00 to $20.77; reporting person can provide a breakdown of quantities at each price on request (per footnote).
- Notable footnotes: transaction executed under a Rule 10b5‑1 trading plan adopted Aug 18, 2025 (F1); reporting person is sole trustee of the Josef Parvizi Trust and co‑trustee of two other trusts and disclaims beneficial ownership except to the extent of pecuniary interest (F2–F6).
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
This was a sale via a pre‑arranged 10b5‑1 plan, which is commonly used to schedule trades and can reduce concerns about opportunistic insider timing. Sales are routine and less indicative of forward guidance than purchases; no options exercise, gift, or tax‑withholding event is reported here.