FilingsForm 4

Cerebras Systems' Andrew Feldman sold 37,441 shares for $7.88 million on Sep 4, 2026

From the public record1 min read

Published Oct 27, 2026 · 21:48 UTCUpdated Oct 27, 2026 · 22:51 UTCFiled Sep 8, 2026

Value$7.88 million

Shares37,441

Average price$210.46

FiledSep 8

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Andrew Feldman, a director and officer (CEO, President) of Cerebras Systems, sold 37,441 shares for $7.88 million on Sep 4, 2026, at an average of $210.46 a share. A Form 4, the form an insider files when trading the company's shares, also lists an exercise of stock options and a conversion of Class B shares into Class A shares on the same day, and states 16,853 Class A shares held directly after the last sale line. A footnote on the Form 4, filed Sep 8, 2026 and available on the SEC's EDGAR site, says the sales were made under a Rule 10b5-1 trading plan adopted May 20, 2026.1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

How each figure was checked17 facts

Cerebras Systems Form 4 0001628280-26-060987: ownerFeldman Andrew D.Our database
Cerebras Systems Form 4 0001628280-26-060987: relationshipdirector and officer (CEO, President)Our database
Cerebras Systems Form 4 0001628280-26-060987: shares37,441Our database
Cerebras Systems Form 4 0001628280-26-060987: value$7.88 millionOur database
Cerebras Systems Form 4 0001628280-26-060987: first dateSep 4, 2026Our database
Cerebras Systems Form 4 0001628280-26-060987: average price$210.46Our database
Cerebras Systems Form 4 0001628280-26-060987: sidesaleOur database
Cerebras Systems Form 4 0001628280-26-060987, derivative line 1derivative line, exercise of a derivative security (code M): 37,441 shares disposed on Sep 4, 2026 at $0 per share; held directly; 525,000 owned after the lineOur database
Cerebras Systems Form 4 0001628280-26-060987, derivative line 2derivative line, exercise of a derivative security (code M): 37,441 shares acquired on Sep 4, 2026 at $0 per share; held directly; 13,982,575 owned after the lineOur database
Cerebras Systems Form 4 0001628280-26-060987, derivative line 3derivative line, conversion of a derivative security (code C): 37,441 shares disposed on Sep 4, 2026 at $0 per share; held directly; 13,945,134 owned after the lineOur database
Cerebras Systems Form 4 0001628280-26-060987, line 1conversion of a derivative security (code C): 37,441 shares acquired on Sep 4, 2026 at $0 per share; held directly; 54,294 owned after the lineOur database
Footnote F1 of the Form 4 filed Sep 8, 2026 (it is attached to that document's line N1, D2, D3)convertible into an equal number of Class A Common StockFootnotes of the Form 4 (SEC EDGAR) ↗
Cerebras Systems Form 4 0001628280-26-060987: shares afterafter the last sale line the form states 16853 shares of Class A Common Stock held directlyOur database
Cerebras Systems Form 4 0001628280-26-060987, derivative line 1: the shares owned after the line525,000 shares of Stock Option owned after this line, held directlyOur database
Cerebras Systems Form 4 0001628280-26-060987, derivative line 3: the shares owned after the line13,945,134 shares of Class B Common Stock owned after this line, held directlyOur database
Cerebras Systems Form 4 0001628280-26-060987: filed onSep 8, 2026Our database
Footnote F2 of the Form 4 filed Sep 8, 2026 (it is attached to that document's line N2, N3, N4, N5, N6, N7, N8, N9, N10, N11, N12, N13, N14, N15, N16, N17)May 20, 2026Footnotes of the Form 4 (SEC EDGAR) ↗

The record

Issuer: Cerebras Systems (CIK 2021728, filed as Cerebras Systems Inc.)
Form: 4
Accession: 0001628280-26-060987
Filed: Sep 8, 2026
Period of report: Sep 4, 2026
Reporting owner: Andrew Feldman (CIK 2039573, filed as Feldman Andrew D.)
Relationship: director and officer (CEO, President)
Rule 10b5-1 checkbox: Not ticked
Line 1: C (conversion of a derivative security) · 37,441 Class A Common Stock at $0.00 · Sep 4, 2026 · acquired, directly · 54,294 held after · footnote F1
Line 2: S (sale) · 1,100 Class A Common Stock at $199.18 · Sep 4, 2026 · disposed, directly · 53,194 held after · footnotes F2 and F3
Line 3: S (sale) · 300 Class A Common Stock at $200.79 · Sep 4, 2026 · disposed, directly · 52,894 held after · footnotes F2 and F4
Line 4: S (sale) · 300 Class A Common Stock at $201.75 · Sep 4, 2026 · disposed, directly · 52,594 held after · footnotes F2 and F5
Line 5: S (sale) · 900 Class A Common Stock at $202.97 · Sep 4, 2026 · disposed, directly · 51,694 held after · footnotes F2 and F6
Line 6: S (sale) · 1,200 Class A Common Stock at $204.06 · Sep 4, 2026 · disposed, directly · 50,494 held after · footnotes F2 and F7
Line 7: S (sale) · 800 Class A Common Stock at $206.30 · Sep 4, 2026 · disposed, directly · 49,694 held after · footnotes F2 and F8
Line 8: S (sale) · 1,500 Class A Common Stock at $207.80 · Sep 4, 2026 · disposed, directly · 48,194 held after · footnotes F2 and F9
Line 9: S (sale) · 1,707 Class A Common Stock at $208.84 · Sep 4, 2026 · disposed, directly · 46,487 held after · footnotes F2 and F10
Line 10: S (sale) · 6,721 Class A Common Stock at $209.99 · Sep 4, 2026 · disposed, directly · 39,766 held after · footnotes F2 and F11
Line 11: S (sale) · 6,153 Class A Common Stock at $210.91 · Sep 4, 2026 · disposed, directly · 33,613 held after · footnotes F2 and F12
Line 12: S (sale) · 7,439 Class A Common Stock at $211.85 · Sep 4, 2026 · disposed, directly · 26,174 held after · footnotes F2 and F13
Line 13: S (sale) · 3,324 Class A Common Stock at $213.04 · Sep 4, 2026 · disposed, directly · 22,850 held after · footnotes F2 and F14
Line 14: S (sale) · 3,897 Class A Common Stock at $213.95 · Sep 4, 2026 · disposed, directly · 18,953 held after · footnotes F2 and F15
Line 15: S (sale) · 1,400 Class A Common Stock at $214.98 · Sep 4, 2026 · disposed, directly · 17,553 held after · footnotes F2 and F16
Line 16: S (sale) · 600 Class A Common Stock at $215.81 · Sep 4, 2026 · disposed, directly · 16,953 held after · footnotes F2 and F17
Line 17: S (sale) · 100 Class A Common Stock at $216.62 · Sep 4, 2026 · disposed, directly · 16,853 held after · footnote F2
Line 18: J (other acquisition or disposition) · 120 Class A Common Stock at $0.00 · Sep 8, 2026 · acquired, indirectly, By Feldman Bravo Family Trust · 806 held after · footnote F18
Derivative line 1: M (exercise of a derivative security) · 37,441 Stock Option at $0.00 · Sep 4, 2026 · disposed, directly · 525,000 held after · footnote F19
Derivative line 2: M (exercise of a derivative security) · 37,441 Class B Common Stock at $0.00 · Sep 4, 2026 · acquired, directly · 13,982,575 held after · footnote F1
Derivative line 3: C (conversion of a derivative security) · 37,441 Class B Common Stock at $0.00 · Sep 4, 2026 · disposed, directly · 13,945,134 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: The 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.
Footnote F3: The 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.
Footnote F4: The 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.
Footnote F5: The 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.
Footnote F6: The 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.
Footnote F7: The 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.
Footnote F8: The 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.
Footnote F9: The 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.
Footnote F10: The 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.
Footnote F11: The 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.
Footnote F12: The 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.
Footnote F13: The 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.
Footnote F14: The 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.
Footnote F15: The 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.
Footnote F16: The 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.
Footnote F17: The 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.
Footnote F18: Represents a pro-rata, in-kind distribution not for additional consideration.
Footnote F19: The stock option is fully vested and exercisable.