Green Kevin Dennis 4

What Happened

• Kevin Green, Chief Financial Officer of Cerus Corp (CERS), was reported to have received an award of 63,854 shares (acquisition at $0.00) and to have sold a total of 83,021 shares in two disposals. On 2026-03-05 he sold 55,225 shares at a weighted average price of $2.06 for proceeds of $113,902, and on 2026-03-06 he sold 27,796 shares at $2.01 for proceeds of $55,745. Total reported proceeds from the sales ≈ $169,647. The transactions include an award (acquisition) and routine sales rather than an outright open-market purchase.

Key Details

• Transaction dates and prices:
  • 2026-03-05: Award of 63,854 shares (A) at $0.00 (acquired).
  • 2026-03-05: Sale of 55,225 shares (S) at a weighted avg price $2.06 — $113,902 proceeds.
  • 2026-03-06: Sale of 27,796 shares (S) at $2.01 — $55,745 proceeds.
• Shares owned after the transactions: not provided in the data supplied on this Form 4.
• Notable footnotes: filing states some sales were executed pursuant to a Rule 10b5-1 plan and that some shares were sold to cover statutory tax withholding and brokerage fees in connection with vesting of restricted stock units. Weighted-average price ranges and block-trade details are also noted; the filer offers to provide per-price breakdowns upon request.
• Filing timeliness: Form filed 2026-03-09 for transactions on 2026-03-05 and 2026-03-06; this appears to be within the standard two-business-day reporting window.

Context

• The filing combines an award (likely RSU-related) and sales. Footnotes indicate at least part of the selling was non-discretionary (tax-withholding and a pre-established 10b5-1 plan), which are routine administrative actions and not necessarily a contemporaneous signal of the insider’s view on the company. Retail investors should treat these sales as largely procedural unless accompanied by further disclosures.