Jensen Chrystal 4
4 · CERUS CORP · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Cerus (CERS) Chief Legal Officer Chrystal Jensen Sells Shares
What Happened
Chrystal Jensen, Chief Legal Officer of Cerus Corp (CERS), received an award of 55,220 shares (likely restricted stock units) on 2026-03-05 (acquired at $0.00). On 2026-03-06 she disposed of 30,845 shares in an open-market/block sale at a weighted average price of $2.01 per share, generating proceeds of $61,860. The filing (Form 4) was submitted on 2026-03-09.
Key Details
- Transactions reported: Award (A) 55,220 shares on 2026-03-05 @ $0.00; Sale (S) 30,845 shares on 2026-03-06 @ $2.01 (total $61,860).
- Shares owned after the transactions: not disclosed in the information provided in this summary.
- Footnote F1: The sale was made pursuant to a 10b5-1 instruction elected on the grant date to cover statutory tax withholding obligations and brokerage fees related to the RSU vesting — not a discretionary sale by the reporting person.
- Footnote F2: The $2.01 price is a weighted average sales price for a block trade; the reporting person can provide full trade details on request.
- Filing date: 2026-03-09; appears to be filed within the normal Section 16 timing for these transactions.
Context
The award appears to be vesting of equity (RSUs) rather than a market purchase. The subsequent sale was used to cover withholding and fees per a pre-established 10b5-1 instruction, which is a routine, non-discretionary transaction and is commonly treated differently by investors than an elective sale.
Insider Transaction Report
- Award
Common Stock
2026-03-05+55,220→ 1,083,514 total - Sale
Common Stock
[F1][F2]2026-03-06$2.01/sh−30,845$61,860→ 1,059,139 total
Footnotes (2)
- [F1]Represents shares sold pursuant to an instruction intended to comply with the requirement of Rule 10b5-1 that was elected by the Reporting Person on the date of grant to cover statutory tax withholding obligations and corresponding brokerage fees in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the reporting person.
- [F2]Represents a weighted average sales price. These shares were sold in a block trade per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold pursuant to such block trade.