Ceribell (CBLL) CEO Chao Xingjuan Sells 20,846 Shares

What Happened
Chao Xingjuan, President & CEO and a director of Ceribell, sold 20,846 shares on September 15, 2026. The shares were disposed at a weighted average price of $25.03 (prices ranged $25.00–$25.12), yielding total proceeds of approximately $521,775. This was a sale (disposition), not a purchase.

Key Details

• Transaction date: 2026-09-15
• Transaction type/code: Open-market/private sale (S)
• Price: Weighted avg $25.03; individual trades ranged $25.00–$25.12 (Reporting Person can provide per-price breakdown on request)
• Shares sold: 20,846
• Proceeds: ~$521,775
• Shares owned after transaction: Not disclosed in the provided filing
• Footnotes of note:
  • F1: Trade executed under a Rule 10b5-1 trading plan adopted Sept 12, 2025.
  • F2: Price is a weighted average; breakdown available on request.
  • F3/F4: Reporting person is co-trustee of the ACP 2021 Trust and disclaims beneficial ownership except to the extent of pecuniary interest (may be deemed to share beneficial ownership).
  • Remarks: Exhibit 24.1 (Power of Attorney) attached.
• Filing timing: Report covers 9/15/2026 and was filed 9/17/2026 — within the usual 2-business-day Form 4 deadline (timely).

Context
The sale was effected under a pre-established Rule 10b5-1 plan, which typically means the trades were scheduled in advance and are not necessarily based on current, nonpublic company information. Sales by insiders can be routine (for diversification, tax planning, trusts, etc.); they are less informative than purchases about the insider’s view of the company. The co-trustee and disclaimer footnotes indicate potential shared or limited beneficial ownership via a trust structure rather than direct personal ownership.