Jensen Chrystal 4

What Happened

• Chrystal Jensen, Chief Legal Officer of Cerus Corp (CERS), reported a vesting award of 55,000 shares and separate open-market sales on June 30, 2026. The award is shown at $0 (restricted stock units that vested), and shares were sold to cover tax withholding. Separately, Jensen sold 24,329 shares in the open market at a weighted average price of $2.94 for total proceeds of $71,598.
• Both actions are sales (proceeds realized). The tax-withholding sale tied to the award was made pursuant to an instruction intended to comply with Rule 10b5-1 and is not a discretionary sale.

Key Details

• Transaction date: June 30, 2026; Form 4 filed July 2, 2026 (appears timely).
• Award/vesting: 55,000 shares reported as an acquisition (RSUs vesting) with related shares disposed to cover withholding (no purchase price).
• Open-market sale: 24,329 shares sold, weighted average price $2.94, total proceeds $71,598; sale prices ranged from $2.84 to $3.03 (multiple transactions).
• Footnotes: F1 = shares sold to cover statutory tax withholding under a 10b5-1 instruction elected on the grant date (not a discretionary sale). F2 = weighted-average sale price; reporting person can provide per-trade prices on request.
• Shares owned after the transactions: Not disclosed in the information provided in this summary.

Context

• The 55,000-share line reflects RSU vesting with shares withheld/sold to satisfy tax obligations — a common, administrative transaction that does not necessarily indicate trading intent.
• The separate open-market sale of 24,329 shares generated modest proceeds (~$71.6k) and may reflect routine portfolio management. No options exercises, gifts, or 10% owner transactions are reported here.