Cerebras (CBRS) CFO Robert Komin Sells 32,500 Shares

What Happened
Robert Komin, Chief Financial Officer of Cerebras Systems (CBRS), sold 32,500 shares in multiple open-market transactions on September 29, 2026. The block sales ranged from $194.92 to $211.79 per share and generated approximately $6,614,882 in proceeds. The largest single block reported was 11,200 shares at $201.22 for $2,253,664. These sales were made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Komin on June 30, 2026.

Key Details

• Transaction date: September 29, 2026 (Form 4 filed September 30, 2026 — timely filing).
• Total shares sold: 32,500; total proceeds: ~$6.61 million.
• Price range reported on the Form 4: approximately $194.92 to $211.79 per share (several line items report weighted-average price ranges in footnotes; per-price breakdowns are available upon request).
• Transaction code: S = Sale.
• Footnote F1: Sales were pursuant to a Rule 10b5-1 plan adopted June 30, 2026. Other footnotes (F2–F17) indicate weighted-average price ranges for specific lots.
• Shares owned after the transactions are not included in the provided excerpt — see the full Form 4 for post-transaction holdings.

Context

• Sales executed under a 10b5-1 plan are pre-arranged trades and are common for executives to manage diversification, liquidity, or tax needs; they do not, by themselves, prove a change in the insider’s view of the company.
• Purchases typically carry more weight as a bullish signal; routine sales like these are frequently scheduled in advance.
• No options exercises, gifts, or other derivative transactions are reported in this filing.