Cerebras Systems Officer Sean Lie Files Form 144 to Sell $10.18M in Common Stock
Cerebras Systems Inc.
Subscribe to track CBRS
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Form 144 Notice of Proposed Sale of Securities Issuer: Cerebras Systems Inc. (CIK: 0002021728) Filer: Sean Lie (Officer) Planned Sale Date: September 4, 2026 Shares to Sell: 53,460 Common Shares Aggregate Market Value: $10,180,922.40 (~$190.44/share) Broker: Morgan Stanley Smith Barney LLC Trading Plan: Rule 10b5-1 plan adopted May 20, 2026
Comprehensive Analysis
Executive Summary
On September 4, 2026, Sean Lie, an Officer of Cerebras Systems Inc., filed Form 144 notifying the SEC of an intent to sell 53,460 shares of Common Stock with an estimated aggregate market value of $10,180,922.40 (approx. $190.44 per share).
Transaction & Acquisition Details
The 53,460 shares to be sold consist of:
- 7,319 shares acquired via Performance Stock Units on June 5, 2026.
- 46,141 shares acquired via Stock Option Exercise for cash on September 4, 2026.
The proposed transaction is scheduled to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services under a Rule 10b5-1 trading plan established on May 20, 2026.
Context and Prior Activity
According to the filing, the seller and associated entities (including Grounded Love Fund and 10b5-1 sales accounts) executed multiple sales over the prior three months, including substantial liquidations in August 2026. The proposed sale of 53,460 shares represents approximately 0.05% of the company's 112,247,109 outstanding shares.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.