Feldman Andrew D. 4

What Happened

• Andrew D. Feldman, CEO, President and Director of Cerebras Systems, received 268 shares on June 29, 2026. The filing reports an “other acquisition or disposition (J)” at $0.00 per share (total cash value $0), described in a footnote as a pro‑rata, in‑kind distribution not for additional consideration. This was not a market purchase or sale — it is a receipt of shares.

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (timely filing).
• Transaction type/code: Other acquisition (code J) — in‑kind distribution.
• Shares acquired: 268; Price per share: $0.00; Cash value: $0.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — “Represents a pro‑rata, in‑kind distribution not for additional consideration.”
• Filing timeliness: Filed within the Form 4 reporting window (no late-file indication).

Context

• An in‑kind distribution (receipt of shares for no cash) typically reflects corporate or plan distributions (e.g., trust or compensation plan mechanics) and does not necessarily signal the insider buying or selling based on personal conviction.
• For retail investors, purchases are generally more informative about insider sentiment; distributions or awards are routine administrative events and should be interpreted accordingly.