Cerebras Systems CEO Andrew D. Feldman Receives 159 Shares via Distribution
Cerebras Systems Inc.
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Filing Summary
📋 Form 4 Filed for Cerebras Systems Inc. ($CBRS) Insider: Feldman Andrew D. (CEO, President, Director) Transaction: Received 159 shares of Class A Common Stock (Pro-rata in-kind distribution at $0.00) Value: $0 Ownership Post-Transaction: 1,085 shares held indirectly (Feldman Bravo Family Trust) and 16,853 shares held directly.
Comprehensive Analysis
Executive Summary
On October 5, 2026, Andrew D. Feldman, CEO, President, and Director of Cerebras Systems Inc. ($CBRS), reported the acquisition of 159 shares of Class A Common Stock via a pro-rata in-kind distribution for zero consideration (Transaction Code 'J'). Following this transaction, the Feldman Bravo Family Trust holds 1,085 shares indirectly, alongside 16,853 Class A shares owned directly.
Transaction Details
- Date of Transaction: October 5, 2026
- Security: Class A Common Stock
- Nature of Transaction: Code J (Pro-rata, in-kind distribution not for additional consideration)
- Shares Acquired: 159 shares
- Price per Share: $0.00
- Total Transaction Value: $0.00
- Beneficial Ownership Form: Indirect (by Feldman Bravo Family Trust)
Impact and Market Sentiment
This transaction represents an administrative receipt of shares rather than an open-market purchase or sale. Because no capital was deployed or removed, and the share volume is negligible, this filing carries Low trading significance and provides neutral sentiment regarding insider conviction.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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