Ceribell (CBLL) CEO Chao Xingjuan Exercises Options, Sells Shares

What Happened

• Chao Xingjuan, President, CEO and Director of Ceribell, exercised stock option/derivative positions and sold shares on Aug 3, 2026. She acquired 1,446 shares for $4.70 each ($6,796) and 23,554 shares for $4.70 each ($110,704) — total exercise cost $117,500 for 25,000 shares. On the same day she sold 39,000 shares in the open market at a weighted average price of $18.32 for total gross proceeds of $714,480. The filing shows related derivative conversion entries recorded at $0.00, reflecting conversion/transfer mechanics.

Key Details

• Transaction date: Aug 3, 2026 (filed Aug 5, 2026).
• Exercises/Acquisitions: 1,446 @ $4.70 ($6,796) and 23,554 @ $4.70 ($110,704) — 25,000 shares acquired.
• Sale: 39,000 shares sold at weighted avg $18.32, proceeds $714,480 (sales executed at prices ranging $17.88–$18.72 per share).
• Shares owned after transaction: not specified in the Form 4.
• Notable footnotes: transactions were effected pursuant to a Rule 10b5-1 trading plan (F1); sale price is a weighted average across multiple trades (F2); reporting person is co-trustee of a trust and disclaims beneficial ownership except for pecuniary interest (F3–F4); one grant vests monthly from April 1, 2023 (F5) and another option is fully vested/currently exercisable (F6).
• Filing timeliness: transaction dated Aug 3 and filed Aug 5 — no late-filing flag indicated.

Context

• This was an option exercise plus an open-market sale under a pre-established 10b5-1 plan. That pattern (exercise followed by sale) is common for insiders converting option-held shares and selling at market; the filing does not state motivation. The weighted-average sale price and sale range are provided so investors can see pricing details across the multiple trades.