Chao Xingjuan 4
Research Summary
AI-generated summary
Ceribell (CBLL) CEO Chao Xingjuan Sells 6,030 Shares
What Happened
Chao Xingjuan, President & CEO and a director of Ceribell, sold 6,030 shares of Ceribell stock on 2026-05-21 in an open-market/private sale at $18.00 per share, generating $108,540. The filing notes the sale was to cover tax withholding obligations related to the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-05-21; Price: $18.00 per share; Total proceeds: $108,540.
- Transaction type: Sale (code S); purpose (footnote): tax withholding on vested RSUs (F1).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Beneficial ownership notes: Reporting person is a co-trustee of the ACP 2021 Trust and may be deemed to share beneficial ownership (F2); the reporting person disclaims beneficial ownership except to the extent of her pecuniary interest (F3).
- Filing date: 2026-05-26 (as reported in the Form 4 filing header).
Context
This was a sale to satisfy tax withholding for vested RSUs rather than a discretionary sell for liquidity or market-timing; such withholdings are routine and common after vesting events and are generally viewed as administrative rather than a directional insider bet. Purchases by insiders tend to carry more weight for assessing insider sentiment; sales for tax withholding are typically less informative.