Yagnesh Patel - 25 Jun 2026 Form 4 Insider Report for Cerebras Systems Inc. (CBRS)

Reporting relationship: Chief Accounting Officer
Issuer ticker: CBRS
Reported as of: 25 Jun 2026
Net transaction value: -$696,809
SEC form: 4
Accepted by SEC: 29 Jun 2026, 16:49:47 UTC
Prior SEC filing: 13 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Robert Mills, Attorney-in-fact

Key filing fact

Yagnesh Patel filed Form 4 for Cerebras Systems Inc. (CBRS) on 29 Jun 2026.

Key facts

This page summarizes Yagnesh Patel's Form 4 filing for Cerebras Systems Inc. (CBRS).
16 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 29 Jun 2026, 16:49.

Change

Previous filing in this sequence was filed on 13 May 2026.
Current net transaction value: -$696,809.

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 0001702410 Primary reporting owner

Patel Yagnesh

Relationship: Chief Accounting Officer
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

Sale

Transaction value: $8,711
Shares: -46
Change %: -1.2%
Price: $189.36
Shares after: 3,954
Date: 25 Jun 2026
Ownership: Direct

CBRS transaction

Class A Common Stock

Sale

Transaction value: $16,161
Shares: -100
Change %: -2.5%
Price: $161.61
Shares after: 3,854
Date: 26 Jun 2026
Ownership: Direct

CBRS transaction

Class A Common Stock

Sale

Transaction value: $48,987
Shares: -300
Change %: -7.8%
Price: $163.29
Shares after: 3,554
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F1

CBRS transaction

Class A Common Stock

Sale

Transaction value: $16,479
Shares: -100
Change %: -2.8%
Price: $164.79
Shares after: 3,454
Date: 26 Jun 2026
Ownership: Direct

CBRS transaction

Class A Common Stock

Sale

Transaction value: $33,332
Shares: -200
Change %: -5.8%
Price: $166.66
Shares after: 3,254
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F2

CBRS transaction

Class A Common Stock

Sale

Transaction value: $33,690
Shares: -200
Change %: -6.1%
Price: $168.45
Shares after: 3,054
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F3

CBRS transaction

Class A Common Stock

Sale

Transaction value: $50,793
Shares: -300
Change %: -9.8%
Price: $169.31
Shares after: 2,754
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F4

CBRS transaction

Class A Common Stock

Sale

Transaction value: $68,796
Shares: -400
Change %: -15%
Price: $171.99
Shares after: 2,354
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F5

CBRS transaction

Class A Common Stock

Sale

Transaction value: $86,680
Shares: -500
Change %: -21%
Price: $173.36
Shares after: 1,854
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F6

CBRS transaction

Class A Common Stock

Sale

Transaction value: $35,002
Shares: -200
Change %: -11%
Price: $175.01
Shares after: 1,654
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F7

CBRS transaction

Class A Common Stock

Sale

Transaction value: $17,612
Shares: -100
Change %: -6%
Price: $176.12
Shares after: 1,554
Date: 26 Jun 2026
Ownership: Direct

CBRS transaction

Class A Common Stock

Sale

Transaction value: $35,672
Shares: -200
Change %: -13%
Price: $178.36
Shares after: 1,354
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F8

CBRS transaction

Class A Common Stock

Sale

Transaction value: $53,868
Shares: -300
Change %: -22%
Price: $179.56
Shares after: 1,054
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F9

CBRS transaction

Class A Common Stock

Sale

Transaction value: $126,581
Shares: -700
Change %: -66%
Price: $180.83
Shares after: 354
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F10

CBRS transaction

Class A Common Stock

Sale

Transaction value: $64,446
Shares: -354
Change %: -100%
Price: $182.05
Shares after: 0
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F11

CBRS transaction

Class A Common Stock

Award

Transaction value
Shares: +15,000
Change %
Price: $0.000000^*
Shares after: 15,000
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F12

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 12 footnotes

Footnote F1

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $162.95 to $163.56, 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 F2

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $166.32 to $166.99, 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 F3

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $167.96 to $168.94, 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 $169.05 to $169.77, 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 $171.79 to $172.21, 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 $173.04 to $173.77, 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 $174.89 to $175.12, 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 F8

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $178.00 to $178.71, 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 F9

The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $179.09 to $179.82, 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 $180.43 to $181.36, 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 $181.74 to $182.26, 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

Represents restricted stock units ("RSUs") that vest according to the terms of the applicable award agreement. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.

SEC remarks

This Form 4 is the second of two Forms 4 being filed by the Reporting Person relating to transactions that occurred on June 25, 2026 and June 26, 2026 (the "Transaction Dates"). Because there are more than 30 rows associated with the Reporting Person's transactions that occurred on the Transaction Dates, and EDGAR will not allow for the entry of more than 30 rows on a single Form 4, this second Form 4 is being filed to report the transactions that were not included on the first Form 4. The two Forms 4 filed by the Reporting Person on the date hereof should be read together as one consolidated filing.