Mallick Dhiraj 4

What Happened
Dhiraj Mallick, Chief Operating Officer of Cerebras Systems (CBRS), sold a total of 33,314 shares in open‑market transactions on June 25 and June 26, 2026, realizing approximately $5,936,180 in proceeds. Individual sales ranged from small lots (e.g., 100 shares) up to large tranches (notably 11,761 shares at $173.65 and 7,282 shares at $185.19). Reported per‑share prices in the filing run roughly from about $161.46 to $187.90, with several weighted‑average price groupings disclosed via footnotes.

Key Details

• Transaction type: Sales (code S) — open market.
• Dates: June 25 and June 26, 2026.
• Total shares sold: 33,314; Total proceeds: ~$5.94 million.
• Price range reported in the itemized trades: approximately $161.46 to $187.90; multiple weighted‑average ranges are listed in footnotes (F1–F24) giving more granular price bands.
• Shares owned after the transactions: not specified in the provided excerpt — see the full Form 4 filings for post‑trade holdings.
• Filing notes: This is the second of two Form 4s filed by the reporting person for these transaction dates because EDGAR limits rows per form; both filings should be read together. No 10b5‑1 plan or tax‑withholding explanation is shown in the excerpt.

Context
These were sales (not purchases or option exercises). Insider sales are common and can reflect many personal reasons (taxes, diversification, liquidity) — they are not, by themselves, definitive signals about company prospects. Retail investors who want the complete picture should review both Form 4s filed on June 29, 2026 for any additional trades or disclosures (and for reported post‑transaction holdings).