Komin Robert Patrick Jr. 4

What Happened

• Robert Patrick Komin Jr., Chief Financial Officer of Cerebras Systems, reported a series of "other acquisition or disposition" transactions on 2026-05-15 affecting a total of 1,047,401 shares (854,153 + 175,000 + 18,248). The filing shows matching dispositions and acquisitions, many described as derivative adjustments; no per-share prices or dollar values are reported (N/A). These entries appear to reflect internal reclassifications/adjustments of awards and option-related interests rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-05-15; transaction code: "J" (other acquisition or disposition).
• Specific line items reported: disposals of 854,153; 175,000; 18,248 shares and acquisitions of the same amounts, with the 854,153, 175,000 and 18,248 acquisitions noted as derivative-related.
• Prices/values: N/A in the filing — no cash amounts disclosed.
• Shares owned after transaction: not specified in the provided data.
• Footnotes of note:
  • F1: Prior to the IPO, Class A shares (including RSUs and option-based shares) were reclassified into Class B shares; each Class B is convertible into Class A at holder's option.
  • F2: Related stock option vests per its terms and will be fully vested on March 11, 2028.
• Timeliness: Filing date and report period both 2026-05-15, indicating a same-day report; no late filing flag shown.

Context

• These J-code entries typically denote non-market actions (reclassifications, internal transfers, or derivative/award adjustments). They do not reflect an open-market buy or sell that signals a public trade. There is no indication of a cash exercise, immediate sale, or 10b5-1 plan in the provided details. For retail investors, such administrative/derivative adjustments generally carry less signal value than clear purchases or sales on the open market.