SEC Form 4 · accession 0001628280-26-046038
Cerebras Systems Inc. · CBRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yagnesh Patel
Officer — Chief Accounting Officer
Period of report
Jun 25, 2026
Accepted (ET)
Jun 29, 2026 · 4:49 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002021728
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jun 25, 2026 | S | 46 | $189.36 | D | 3,954 | D | |
| Class A Common Stock | Jun 26, 2026 | S | 100 | $161.61 | D | 3,854 | D | |
| Class A Common StockF1 | Jun 26, 2026 | S | 300 | $163.29 | D | 3,554 | D | |
| Class A Common Stock | Jun 26, 2026 | S | 100 | $164.79 | D | 3,454 | D | |
| Class A Common StockF2 | Jun 26, 2026 | S | 200 | $166.66 | D | 3,254 | D | |
| Class A Common StockF3 | Jun 26, 2026 | S | 200 | $168.45 | D | 3,054 | D | |
| Class A Common StockF4 | Jun 26, 2026 | S | 300 | $169.31 | D | 2,754 | D | |
| Class A Common StockF5 | Jun 26, 2026 | S | 400 | $171.99 | D | 2,354 | D | |
| Class A Common StockF6 | Jun 26, 2026 | S | 500 | $173.36 | D | 1,854 | D | |
| Class A Common StockF7 | Jun 26, 2026 | S | 200 | $175.01 | D | 1,654 | D | |
| Class A Common Stock | Jun 26, 2026 | S | 100 | $176.12 | D | 1,554 | D | |
| Class A Common StockF8 | Jun 26, 2026 | S | 200 | $178.36 | D | 1,354 | D | |
| Class A Common StockF9 | Jun 26, 2026 | S | 300 | $179.56 | D | 1,054 | D | |
| Class A Common StockF10 | Jun 26, 2026 | S | 700 | $180.83 | D | 354 | D | |
| Class A Common StockF11 | Jun 26, 2026 | S | 354 | $182.05 | D | 0 | D | |
| Class A Common StockF12 | Jun 26, 2026 | A | 15,000 | $0.00 | A | 15,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $162.95 to $163.56, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F10The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $180.43 to $181.36, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F11The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $181.74 to $182.26, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F12Represents restricted stock units ("RSUs") that vest according to the terms of the applicable award agreement. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
- F2The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $166.32 to $166.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F3The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $167.96 to $168.94, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F4The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $169.05 to $169.77, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F5The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $171.79 to $172.21, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F6The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $173.04 to $173.77, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F7The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $174.89 to $175.12, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F8The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $178.00 to $178.71, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F9The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $179.09 to $179.82, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
Remarks
This Form 4 is the second of two Forms 4 being filed by the Reporting Person relating to transactions that occurred on June 25, 2026 and June 26, 2026 (the "Transaction Dates"). Because there are more than 30 rows associated with the Reporting Person's transactions that occurred on the Transaction Dates, and EDGAR will not allow for the entry of more than 30 rows on a single Form 4, this second Form 4 is being filed to report the transactions that were not included on the first Form 4. The two Forms 4 filed by the Reporting Person on the date hereof should be read together as one consolidated filing.