FilingsForm 4

Cerebras Systems · Form 4 · Chief accounting officer · Sale

From the public record

Filed Aug 20, 2026

Value$1.02 million

Shares4,574

Average price$222.22

FiledAug 20

The record

Issuer: Cerebras Systems (CIK 2021728, filed as Cerebras Systems Inc.)
Form: 4
Accession: 0001628280-26-058314
Filed: Aug 20, 2026
Period of report: Aug 18, 2026
Reporting owner: Patel Yagnesh (CIK 1702410)
Relationship: officer (Chief Accounting Officer)
Rule 10b5-1 checkbox: Not ticked
Line 1: C (conversion of a derivative security) · 6,250 Class A Common Stock · Aug 18, 2026 · acquired, directly · 21,250 held after · footnote F1
Line 2: S (sale) · 228 Class A Common Stock at $215.67 · Aug 18, 2026 · disposed, directly · 21,022 held after · footnotes F2 and F3
Line 3: S (sale) · 389 Class A Common Stock at $216.40 · Aug 18, 2026 · disposed, directly · 20,633 held after · footnotes F2 and F4
Line 4: S (sale) · 289 Class A Common Stock at $217.58 · Aug 18, 2026 · disposed, directly · 20,344 held after · footnotes F2 and F5
Line 5: S (sale) · 359 Class A Common Stock at $218.54 · Aug 18, 2026 · disposed, directly · 19,985 held after · footnotes F2 and F6
Line 6: S (sale) · 408 Class A Common Stock at $219.58 · Aug 18, 2026 · disposed, directly · 19,577 held after · footnotes F2 and F7
Line 7: S (sale) · 801 Class A Common Stock at $220.43 · Aug 18, 2026 · disposed, directly · 18,776 held after · footnotes F2 and F8
Line 8: S (sale) · 734 Class A Common Stock at $221.47 · Aug 18, 2026 · disposed, directly · 18,042 held after · footnotes F2 and F9
Line 9: S (sale) · 344 Class A Common Stock at $222.42 · Aug 18, 2026 · disposed, directly · 17,698 held after · footnotes F2 and F10
Line 10: S (sale) · 106 Class A Common Stock at $223.54 · Aug 18, 2026 · disposed, directly · 17,592 held after · footnotes F2 and F11
Line 11: S (sale) · 43 Class A Common Stock at $224.52 · Aug 18, 2026 · disposed, directly · 17,549 held after · footnotes F2 and F12
Line 12: S (sale) · 72 Class A Common Stock at $225.51 · Aug 18, 2026 · disposed, directly · 17,477 held after · footnotes F2 and F13
Line 13: S (sale) · 98 Class A Common Stock at $226.46 · Aug 18, 2026 · disposed, directly · 17,379 held after · footnotes F2 and F14
Line 14: S (sale) · 75 Class A Common Stock at $227.37 · Aug 18, 2026 · disposed, directly · 17,304 held after · footnotes F2 and F15
Line 15: S (sale) · 20 Class A Common Stock at $228.53 · Aug 18, 2026 · disposed, directly · 17,284 held after · footnotes F2 and F16
Line 16: S (sale) · 32 Class A Common Stock at $229.46 · Aug 18, 2026 · disposed, directly · 17,252 held after · footnotes F2 and F17
Line 17: S (sale) · 10 Class A Common Stock at $230.67 · Aug 18, 2026 · disposed, directly · 17,242 held after · footnotes F2 and F18
Line 18: S (sale) · 52 Class A Common Stock at $231.57 · Aug 18, 2026 · disposed, directly · 17,190 held after · footnotes F2 and F19
Line 19: S (sale) · 60 Class A Common Stock at $232.62 · Aug 18, 2026 · disposed, directly · 17,130 held after · footnotes F2 and F20
Line 20: S (sale) · 48 Class A Common Stock at $233.31 · Aug 18, 2026 · disposed, directly · 17,082 held after · footnotes F2 and F21
Line 21: S (sale) · 127 Class A Common Stock at $234.47 · Aug 18, 2026 · disposed, directly · 16,955 held after · footnotes F2 and F22
Line 22: S (sale) · 65 Class A Common Stock at $235.50 · Aug 18, 2026 · disposed, directly · 16,890 held after · footnotes F2 and F23
Line 23: S (sale) · 44 Class A Common Stock at $236.43 · Aug 18, 2026 · disposed, directly · 16,846 held after · footnotes F2 and F24
Line 24: S (sale) · 2 Class A Common Stock at $237.23 · Aug 18, 2026 · disposed, directly · 16,844 held after · footnote F2
Line 25: S (sale) · 2 Class A Common Stock at $238.78 · Aug 18, 2026 · disposed, directly · 16,842 held after · footnote F2
Line 26: S (sale) · 166 Class A Common Stock at $240.01 · Aug 18, 2026 · disposed, directly · 16,676 held after · footnotes F2 and F25
Derivative line 1: C (conversion of a derivative security) · 6,250 Class B Common Stock · Aug 18, 2026 · disposed, directly · 114,588 held after · footnote F1
Footnote F1: The 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.
Footnote F2: These shares were sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of restricted stock units, resulting in the automatic conversion of the shares into Class A Common Stock immediately prior to execution of the sale. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The Reporting Person is subject to a lock-up agreement that that was entered into with underwriters in connection with the Issuer's initial public offering and expires on the earlier of (i) 6:00 a.m. Eastern Time on the second trading day following the Issuer's release of earnings for the quarter ending September 30, 2026 or (ii) November 9, 2026. The sale of shares is a permissible exemption under the terms of the lock-up agreement.
Footnote F3: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $215.01 to $215.99, 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.
Footnote F4: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $216.00 to $216.99, 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.
Footnote F5: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $217.00 to $217.99, 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.
Footnote F6: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $218.00 to $218.99, 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.
Footnote F7: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $219.00 to $219.99, 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.
Footnote F8: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $220.00 to $220.99, 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 pric
Footnote F9: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $221.00 to $221.99, 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.
Footnote F10: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $222.00 to $222.99, 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.
Footnote F11: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $223.00 to $223.99, 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.
Footnote F12: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $224.12 to $224.92, 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.
Footnote F13: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $225.01 to $225.98, 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.
Footnote F14: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $226.01 to $226.97, 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.
Footnote F15: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $227.01 to $227.96, 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.
Footnote F16: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $228.01 to $228.99, 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.
Footnote F17: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $229.00 to $229.88, 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.
Footnote F18: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $230.11 to $230.99, 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.
Footnote F19: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $231.12 to $231.99, 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.
Footnote F20: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $232.05 to $232.99, 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.
Footnote F21: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $233.00 to $233.92, 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.
Footnote F22: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $234.04 to $234.99, 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.
Footnote F23: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $235.00 to $235.99, 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.
Footnote F24: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $236.01 to $236.97, 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.
Footnote F25: The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $240.00 to $240.01, 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.