Cerebras (CBRS) CEO Andrew Feldman Receives 120 Shares (Distribution)

What Happened
Andrew D. Feldman, CEO, President and Director of Cerebras Systems, was reported to have acquired 120 shares on 2026-09-21. The reported acquisition price was $0.00, indicating no cash was paid; the filing’s footnote states this was a pro‑rata, in‑kind distribution not for additional consideration. This was not an open‑market purchase or a sale.

Key Details

• Transaction date: 2026-09-21 (reported on Form 4 filed 2026-09-23) — appears timely.
• Transaction type/code: Other acquisition or disposition (J).
• Shares acquired: 120; Price: $0.00; Reported dollar value: $0.
• Footnote (F1): "Represents a pro‑rata, in‑kind distribution not for additional consideration."
• Shares owned after transaction: Not specified in the provided data.
• Filing timeliness: No late filing flag indicated in the provided information.

Context
An in‑kind distribution means shares were allocated to the insider without a cash purchase (often part of corporate actions, reorganizations, or distributions). Such distributions are administrative and do not necessarily signal the insider’s view of the company’s stock. For retail investors, purchases funded with cash are usually more informative about insider sentiment than pro‑rata distributions.