Andrew D. Feldman - 25 Jun 2026 Form 4 Insider Report for Cerebras Systems Inc. (CBRS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Jun 2026, 16:47:43 UTC
Prior SEC filing
13 May 2026
Next SEC filing
01 Jul 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert Mills, Attorney-in-fact

Key filing fact

Andrew D. Feldman filed Form 4 for Cerebras Systems Inc. (CBRS) on 29 Jun 2026.

Key facts

  • This page summarizes Andrew D. Feldman's Form 4 filing for Cerebras Systems Inc. (CBRS).
  • 14 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 29 Jun 2026, 16:47.

Change

  • Previous filing in this sequence was filed on 13 May 2026.
  • Current net transaction value: -$3,113,283.

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 0002039573 Primary reporting owner

Feldman Andrew D.

Relationship
CEO, President, Director
Address
C/O CEREBRAS SYSTEMS INC., 1237 E. ARQUES AVENUE, SUNNYVALE
Signature
/s/ Robert Mills, Attorney-in-fact
Signature date
29 Jun 2026

Reported non-derivative transactions

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

CBRS transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+17,990
Change %
Price
Shares after
17,990
Date
25 Jun 2026
Ownership
Direct
Footnotes
F1
CBRS transaction

Class A Common Stock

Sale

Transaction value
$681,014
Shares
-4,028
Change %
-22%
Price
$169.07
Shares after
13,962
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F3
CBRS transaction

Class A Common Stock

Sale

Transaction value
$1,467,329
Shares
-8,602
Change %
-62%
Price
$170.58
Shares after
5,360
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F4
CBRS transaction

Class A Common Stock

Sale

Transaction value
$120,071
Shares
-700
Change %
-13%
Price
$171.53
Shares after
4,660
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F5
CBRS transaction

Class A Common Stock

Sale

Transaction value
$27,525
Shares
-160
Change %
-3.4%
Price
$172.03
Shares after
4,500
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F6
CBRS transaction

Class A Common Stock

Sale

Transaction value
$69,400
Shares
-400
Change %
-8.9%
Price
$173.50
Shares after
4,100
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F7
CBRS transaction

Class A Common Stock

Sale

Transaction value
$52,710
Shares
-300
Change %
-7.3%
Price
$175.70
Shares after
3,800
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F8
CBRS transaction

Class A Common Stock

Sale

Transaction value
$53,643
Shares
-300
Change %
-7.9%
Price
$178.81
Shares after
3,500
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F9
CBRS transaction

Class A Common Stock

Sale

Transaction value
$72,100
Shares
-400
Change %
-11%
Price
$180.25
Shares after
3,100
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F10
CBRS transaction

Class A Common Stock

Sale

Transaction value
$90,575
Shares
-500
Change %
-16%
Price
$181.15
Shares after
2,600
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F11
CBRS transaction

Class A Common Stock

Sale

Transaction value
$73,020
Shares
-400
Change %
-15%
Price
$182.55
Shares after
2,200
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F12
CBRS transaction

Class A Common Stock

Sale

Transaction value
$91,855
Shares
-500
Change %
-23%
Price
$183.71
Shares after
1,700
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F13
CBRS transaction

Class A Common Stock

Sale

Transaction value
$314,041
Shares
-1,700
Change %
-100%
Price
$184.73
Shares after
0
Date
25 Jun 2026
Ownership
Direct
Footnotes
F2, F14

Reported derivative securities

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

CBRS transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-17,990
Change %
-0.13%
Price
$0.000000*
Shares after
14,038,631
Date
25 Jun 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
17,990
Exercise price
Footnotes
F1
CBRS holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,000
Date
25 Jun 2026
Ownership
By GRAT 1
Underlying class
Class A Common Stock
Underlying amount
50,000
Exercise price
Footnotes
F1
CBRS holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,000
Date
25 Jun 2026
Ownership
By GRAT 2
Underlying class
Class A Common Stock
Underlying amount
50,000
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 14 footnotes

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 $168.90 to $169.87, 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 $169.90 to $170.60, 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 $170.90 to $171.71, 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.

Footnote F6

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $171.92 to $172.09, 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 $173.18 to $173.81, 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 $175.61 to $175.87, 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 F9

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $178.51 to $179.06, 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 F10

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $179.79 to $180.69, 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 $181.01 to $181.26, 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.

Footnote F12

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $182.28 to $183.14, 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 $183.51 to $184.04, 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 $184.51 to $185.01, 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.

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