Jensen Chrystal 4

What Happened
Chrystal Jensen, Chief Legal Officer of Cerus Corp (CERS), was granted 200,000 restricted stock units (RSUs) on 2026-04-01. The Form 4 reports the award as 200,000 shares at $0.00 (transaction code A), with a reported acquisition value of $0. The RSUs vest in full one year from the grant date, subject to Jensen’s continuous service through the vesting date.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03.
• Transaction type: Award/Grant (code A) — 200,000 RSUs.
• Reported price: $0.00 per unit; reported acquisition value: $0.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: RSUs represent a contingent right to receive one share per RSU; vest in full one year from grant date, contingent on continuous service (Footnote F1).
• Timeliness: Filed April 3, 2026 — appears to be within the standard 2-business-day reporting window.

Context
RSUs are compensation awards that convert into shares only upon vesting and are not an immediate market purchase or sale. This grant is a standard time-based equity award and should be viewed as part of executive compensation rather than a direct buy/sell signal.