Jayaraman Vivek K 4

What Happened Vivek K. Jayaraman, Chief Operating Officer of Cerus Corp (CERS), reported a sale of 16,667 shares on 2026-05-29 at $3.00 per share, resulting in proceeds of $50,001. The transaction is a sale (not a purchase), which is commonly a routine liquidity event rather than a direct endorsement or rejection of company prospects.

Key Details

• Transaction date: 2026-05-29
• Price per share: $3.00; Shares sold: 16,667; Gross proceeds: $50,001
• Transaction type: Open market / private sale (reported as a sale)
• Footnote: Executed pursuant to a prearranged 10b5-1 trading plan
• Filing date: Form 4 accession filed 2026-06-02 for the 2026-05-29 transaction
• Shares owned after transaction: Not specified in the information provided

Context A 10b5-1 plan indicates this sale was preplanned and executed under a trading arrangement that can limit the inference of timing-based insider advantage. Sales can be routine (e.g., diversification, cash needs, scheduled plan) and do not necessarily signal management’s view of the company; purchases typically carry stronger signals of insider conviction.