Cerebras Systems CEO Andrew Feldman Receives In-Kind Distribution of Class A Shares
Cerebras Systems Inc.
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Filing Summary
# Insider Filing: Cerebras Systems Inc. ($CBRS)
**Insider:** Feldman Andrew D. (CEO, President)
**Transaction Date:** 2026-09-21 | **Filing Date:** 2026-09-23
- **Transaction:** Acquisition (Code J - In-Kind Distribution)
- **Shares:** 120 @ $0.00 ($0.00 Total Value)
- **Ownership Nature:** Indirect (Feldman Bravo Family Trust)
- **Shares Held After:** 926 (Indirect) | 16,853 (Direct)
- **Significance:** Low
Comprehensive Analysis
Cerebras Systems Inc. ($CBRS) Form 4 Transaction Analysis
Executive Summary
On September 23, 2026, Cerebras Systems Inc. (CIK: 0002021728) reported an insider transaction by its CEO and President, Andrew D. Feldman. The filing discloses a transaction dated September 21, 2026, involving the acquisition of 120 shares of Class A Common Stock at $0.00 per share via a pro-rata, in-kind distribution (Transaction Code: J).
Key Details
- Insider: Andrew D. Feldman (Director, CEO, and President)
- Security: Class A Common Stock
- Transaction Type: Acquisition via pro-rata, in-kind distribution without additional consideration
- Volume: 120 shares
- Price per Share: $0.00 (Total Value: $0.00)
- Ownership Type: Indirect (held by the Feldman Bravo Family Trust)
- Post-Transaction Holdings:
- Indirect: 926 shares (held via Feldman Bravo Family Trust)
- Direct: 16,853 shares
Significance and Market Impact
The trading significance of this filing is categorized as Low. Transaction Code J indicates an "Other" non-open-market transaction—in this case, an in-kind pro-rata distribution to the reporting person's family trust without cash consideration. Because this transaction does not represent discretionary open-market buying or selling activity, it conveys neutral market signaling.
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Important Disclaimer
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