Ceribell (CBLL) CEO Chao Xingjuan Exercises Options for 33,096 Shares

What Happened
Chao Xingjuan, President, CEO and a director of Ceribell, exercised stock option derivatives on Aug 13, 2026 to acquire a total of 33,096 common shares. She paid $2.24 per share for 8,096 shares ($18,135) and $3.65 per share for 25,000 shares ($91,250), for a total cash outlay of about $109,385. The filing also shows corresponding derivative disposal lines at $0.00, which reflect the cancellation/conversion of the exercised options.

Key Details

• Transaction date: 2026-08-13 (filed 2026-08-17; filing appears timely)
• Exercises: 8,096 shares at $2.24 (≈ $18,135) and 25,000 shares at $3.65 ($91,250); total ≈ $109,385
• Transaction code: M (option exercise/conversion)
• The filing shows derivative disposal entries at $0.00, indicating the options were converted/cancelled upon exercise
• Shares owned following the transaction are not specified in the provided excerpt
• Footnotes: reporting person is co-trustee of the ACP 2021 Trust (may share beneficial ownership); the reporting person disclaims beneficial ownership except to the extent of pecuniary interest; the options exercised were fully vested and exercisable

Context
This was an option exercise (a purchase of shares by paying the option strike prices). Because the filing shows exercised options rather than an immediate sale, it represents an acquisition of common stock rather than a cashless sale; no immediate disposition proceeds are reported. As always, exercises can reflect routine option schedule activity and do not, by themselves, establish the insider’s view of the company.