SEC Form 4 · accession 0001628280-26-060987
Cerebras Systems Inc. · CBRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew D. Feldman
Officer — CEO, President · Director
Period of report
Sep 4, 2026
Accepted (ET)
Sep 8, 2026 · 8:17 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 StockF1 | Sep 4, 2026 | C | 37,441 | $0.00 | A | 54,294 | D | |
| Class A Common StockF3 | Sep 4, 2026 | S | 1,100 | $199.18 | D | 53,194 | D | |
| Class A Common StockF4 | Sep 4, 2026 | S | 300 | $200.79 | D | 52,894 | D | |
| Class A Common StockF5 | Sep 4, 2026 | S | 300 | $201.75 | D | 52,594 | D | |
| Class A Common StockF6 | Sep 4, 2026 | S | 900 | $202.97 | D | 51,694 | D | |
| Class A Common StockF7 | Sep 4, 2026 | S | 1,200 | $204.06 | D | 50,494 | D | |
| Class A Common StockF8 | Sep 4, 2026 | S | 800 | $206.30 | D | 49,694 | D | |
| Class A Common StockF9 | Sep 4, 2026 | S | 1,500 | $207.80 | D | 48,194 | D | |
| Class A Common StockF10 | Sep 4, 2026 | S | 1,707 | $208.84 | D | 46,487 | D | |
| Class A Common StockF11 | Sep 4, 2026 | S | 6,721 | $209.99 | D | 39,766 | D | |
| Class A Common StockF12 | Sep 4, 2026 | S | 6,153 | $210.91 | D | 33,613 | D | |
| Class A Common StockF13 | Sep 4, 2026 | S | 7,439 | $211.85 | D | 26,174 | D | |
| Class A Common StockF14 | Sep 4, 2026 | S | 3,324 | $213.04 | D | 22,850 | D | |
| Class A Common StockF15 | Sep 4, 2026 | S | 3,897 | $213.95 | D | 18,953 | D | |
| Class A Common StockF16 | Sep 4, 2026 | S | 1,400 | $214.98 | D | 17,553 | D | |
| Class A Common StockF17 | Sep 4, 2026 | S | 600 | $215.81 | D | 16,953 | D | |
| Class A Common Stock | Sep 4, 2026 | S | 100 | $216.62 | D | 16,853 | D | |
| Class A Common Stock | Sep 8, 2026 | J | 120 | $0.00 | A | 806 | I | By Feldman Bravo Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF19 | $2.72 | Sep 4, 2026 | M | 37,441 | D | — | Dec 7, 2030 | Class B Common Stock | 37,441 | 525,000 | D |
| Class B Common StockF1 | — | Sep 4, 2026 | M | 37,441 | A | — | — | Class A Common Stock | 37,441 | 13,982,575 | D |
| Class B Common StockF1 | — | Sep 4, 2026 | C | 37,441 | D | — | — | Class A Common Stock | 37,441 | 13,945,134 | D |
| Class B Common StockF1 | — | holding | — | — | — | — | — | Class A Common Stock | 50,000 | 50,000 | I |
| Class B Common StockF1 | — | holding | — | — | — | — | — | Class A Common Stock | 50,000 | 50,000 | I |
Explanation of responses
- F1The Class B Common Stock is convertible into an equal number of Class A Common Stock at any time, at the Reporting Person's election, and has no expiration date.
- F10The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $208.39 to $209.38, 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 $209.41 to $210.34, 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.
- F12The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $210.42 to $211.42, 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.
- F13The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $211.42 to $212.39, 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.
- F14The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $212.50 to $213.49, 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.
- F15The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $213.50 to $214.48, 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.
- F16The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $214.52 to $215.33, 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.
- F17The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $215.53 to $216.06, 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.
- F18Represents a pro-rata, in-kind distribution not for additional consideration.
- F19The stock option is fully vested and exercisable.
- F2The sale reported on this Form 4 represents shares sold by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 20, 2026.
- F3The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $199.00 to $199.87, 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 $200.16 to $201.12, 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.
- F5The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $201.45 to $202.11, 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 $202.59 to $203.43, 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 $203.65 to $204.62, 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 $206.02 to $206.53, 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 $207.21 to $208.19, 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.