Dhiraj Mallick - 13 May 2026 Form 4 Insider Report for Cerebras Systems Inc. (CBRS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
15 May 2026, 20:06:19 UTC
Next SEC filing
29 Jun 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Shirley Li, Attorney-in-Fact

Key filing fact

Dhiraj Mallick filed Form 4 for Cerebras Systems Inc. (CBRS) on 15 May 2026.

Key facts

  • This page summarizes Dhiraj Mallick's Form 4 filing for Cerebras Systems Inc. (CBRS).
  • 15 reported transactions and 13 derivative rows are listed below.
  • Accepted by SEC: 15 May 2026, 20:06.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002039572 Primary reporting owner

Mallick Dhiraj

Relationship
Chief Operating Officer
Address
C/O CEREBRAS SYSTEMS INC., 1237 E. ARQUES AVENUE, SUNNYVALE
Signature
/s/ Shirley Li, Attorney-in-Fact
Signature date
15 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CBRS transaction

Class A Common Stock

Tax liability

Transaction value
Shares
-491,091
Change %
-38%
Price
$185.00*
Shares after
801,998
Date
13 May 2026
Ownership
Direct
Footnotes
F1
CBRS transaction

Class A Common Stock

Other

Transaction value
Shares
-801,998
Change %
-100%
Price
Shares after
0
Date
15 May 2026
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CBRS transaction Derivative

Class B Common Stock

Other

Transaction value
Shares
+801,998
Change %
Price
Shares after
801,998
Date
15 May 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
801,998
Exercise price
Footnotes
F2
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
-367,370
Change %
-100%
Price
Shares after
0
Date
15 May 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
367,370
Exercise price
$0.9800
Footnotes
F2, F3
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
-200,000
Change %
-100%
Price
Shares after
0
Date
15 May 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
200,000
Exercise price
$2.72
Footnotes
F2, F3
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
-100,000
Change %
-100%
Price
Shares after
0
Date
15 May 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
100,000
Exercise price
$2.89
Footnotes
F2, F3
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
-300,000
Change %
-100%
Price
Shares after
0
Date
15 May 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
300,000
Exercise price
$6.47
Footnotes
F2, F4
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
-200,000
Change %
-100%
Price
Shares after
0
Date
15 May 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
200,000
Exercise price
$5.02
Footnotes
F2, F5
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
-105,000
Change %
-100%
Price
Shares after
0
Date
15 May 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
105,000
Exercise price
$5.02
Footnotes
F2, F6
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
+367,370
Change %
Price
Shares after
367,370
Date
15 May 2026
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
367,370
Exercise price
$0.9800
Footnotes
F2, F3
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
+200,000
Change %
Price
Shares after
200,000
Date
15 May 2026
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
200,000
Exercise price
$2.72
Footnotes
F2, F3
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
+100,000
Change %
Price
Shares after
100,000
Date
15 May 2026
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
100,000
Exercise price
$2.89
Footnotes
F2, F3
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
+300,000
Change %
Price
Shares after
300,000
Date
15 May 2026
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
300,000
Exercise price
$6.47
Footnotes
F2, F4
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
+200,000
Change %
Price
Shares after
200,000
Date
15 May 2026
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
200,000
Exercise price
$5.02
Footnotes
F2, F5
CBRS transaction Derivative

Stock Option

Other

Transaction value
Shares
+105,000
Change %
Price
Shares after
105,000
Date
15 May 2026
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
105,000
Exercise price
$5.02
Footnotes
F2, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units. Not a market sale.

Footnote F2

Immediately prior to the completion of the Issuer's initial public offering, each share of Class A common stock beneficially owned by the Reporting Person, including shares of Class A common stock underlying restricted stock unit ("RSU") and stock options awards, were reclassified into one share of Class B common stock in an exempt transaction pursuant to Rule 16b-7. Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock.

Footnote F3

The stock option is fully vested and exercisable.

Footnote F4

The stock option vests in 48 substantially equal monthly installments beginning on September 23, 2022.

Footnote F5

The stock option vests in 48 substantially equal monthly installments beginning on February 1, 2023.

Footnote F6

The stock option is vested as to 96,250 of the underlying shares, and the remaining 8,750 underlying shares will vest in three substantially equal monthly installments beginning on June 1, 2026.

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