Ceribell (CBLL) CEO Chao Xingjuan Sells Shares

What Happened
Chao Xingjuan, President, CEO and Director of Ceribell, sold a total of 33,614 shares in two transactions: 2,199 shares on 2026-08-18 at $25.00 ($54,975) and 31,415 shares on 2026-08-19 at a weighted average of $25.03 (reported proceeds $786,317). Total reported proceeds for the two sales are approximately $841,292. These were sales (not purchases or option exercises) and were executed under a pre-established trading plan.

Key Details

• Transaction dates and prices:
  • 2026-08-18: sold 2,199 shares at $25.00 — $54,975
  • 2026-08-19: sold 31,415 shares at a reported weighted avg $25.03 — $786,317
  • Footnote clarifies the Aug 19 sales occurred at prices ranging $25.00–$25.30; the $25.03 figure is a weighted average.
• Total shares sold: 33,614; total proceeds: ≈ $841,292.
• Filing: Form 4 filed 2026-08-20 for transactions on 2026-08-18 and 2026-08-19 (filed within the usual two-business-day Form 4 window).
• Footnotes of note:
  • F1: Transactions effected pursuant to a Rule 10b5-1 trading plan (pre‑arranged sales).
  • F2/F3: Reporting person is a co-trustee of the ACP 2021 Trust and disclaims beneficial ownership except to the extent of pecuniary interest.
  • F4: Weighted-average price reported; multiple executions within $25.00–$25.30 occurred and more detailed price-by-price info is available on request.
• Shares owned after the transactions were not specified in the provided excerpt; trust/co‑trustee notes may affect reported beneficial ownership.

Context
Sales made under a Rule 10b5-1 plan are typically pre-planned and provide a neutral context for insider sales (they do not necessarily signal a change in the insider’s view of the company). For retail investors, purchases by insiders often carry more informational weight than routine, plan-based sales. This filing documents routine sales by the CEO rather than an exercise or grant.