Steven Vassallo - 21 Aug 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
25 Aug 2026, 19:34:55 UTC
Prior SEC filing
20 Aug 2026
Next SEC filing
08 Sep 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven Vassallo

Key filing fact

Steven Vassallo filed Form 4 for Cerebras Systems Inc. (CBRS) on 25 Aug 2026.

Key facts

  • This page summarizes Steven Vassallo's Form 4 filing for Cerebras Systems Inc. (CBRS).
  • 15 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 25 Aug 2026, 19:34.

Change

  • Previous filing in this sequence was filed on 20 Aug 2026.
  • 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 0001567929 Primary reporting owner

Vassallo Steven

Relationship
Director
Address
C/O FOUNDATION CAPITAL, 550 HIGH STREET, 3RD FLOOR, PALO ALTO
Signature
/s/ Steven Vassallo
Signature date
25 Aug 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
+1,112,904
Change %
Price
Shares after
1,112,904
Date
21 Aug 2026
Ownership
By Foundation Capital VIII, L.P.
Footnotes
F1, F2
CBRS transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+23,970
Change %
Price
Shares after
23,970
Date
21 Aug 2026
Ownership
By Foundation Capital VIII Principals Fund, L.L.C.
Footnotes
F1, F3
CBRS transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+87,313
Change %
Price
Shares after
87,313
Date
21 Aug 2026
Ownership
By Foundation Capital Leadership Fund II, L.P.
Footnotes
F1, F4
CBRS transaction

Class A Common Stock

Other

Transaction value
Shares
-1,112,904
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Aug 2026
Ownership
By Foundation Capital VIII, L.P.
Footnotes
F2, F5
CBRS transaction

Class A Common Stock

Other

Transaction value
Shares
-23,970
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Aug 2026
Ownership
By Foundation Capital VIII Principals Fund, L.L.C.
Footnotes
F3, F6
CBRS transaction

Class A Common Stock

Other

Transaction value
Shares
-87,313
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Aug 2026
Ownership
By Foundation Capital Leadership Fund II, L.P.
Footnotes
F4, F7
CBRS transaction

Class A Common Stock

Other

Transaction value
Shares
+287,932
Change %
Price
$0.000000*
Shares after
287,932
Date
21 Aug 2026
Ownership
By Foundation Capital Management Co. VIII, L.L.C.
Footnotes
F8, F9
CBRS transaction

Class A Common Stock

Other

Transaction value
Shares
-287,932
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Aug 2026
Ownership
By Foundation Capital Management Co. VIII, L.L.C.
Footnotes
F9, F10
CBRS transaction

Class A Common Stock

Other

Transaction value
Shares
+18,155
Change %
Price
$0.000000*
Shares after
18,155
Date
21 Aug 2026
Ownership
By Foundation Capital Management Co. LF II, L.L.C.
Footnotes
F11, F12
CBRS transaction

Class A Common Stock

Other

Transaction value
Shares
-18,155
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Aug 2026
Ownership
By Foundation Capital Management Co. LF II, L.L.C.
Footnotes
F12, F13
CBRS transaction

Class A Common Stock

Other

Transaction value
Shares
+67,168
Change %
+43%
Price
$0.000000*
Shares after
221,977
Date
21 Aug 2026
Ownership
By Revocable Trust
Footnotes
F14, F15
CBRS transaction

Class A Common Stock

Other

Transaction value
Shares
+34,548
Change %
+33%
Price
$0.000000*
Shares after
139,618
Date
21 Aug 2026
Ownership
By Irrevocable Trust
Footnotes
F16, F17

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
-1,112,904
Change %
-11%
Price
Shares after
9,320,575
Date
21 Aug 2026
Ownership
By Foundation Capital VIII, L.P.
Underlying class
Class A Common Stock
Underlying amount
1,112,904
Exercise price
Footnotes
F1, F2, F18
CBRS transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-23,970
Change %
-11%
Price
Shares after
200,751
Date
21 Aug 2026
Ownership
By Foundation Capital VIII Principals Fund, LLC
Underlying class
Class A Common Stock
Underlying amount
23,970
Exercise price
Footnotes
F1, F3, F18
CBRS transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-87,313
Change %
-11%
Price
Shares after
731,246
Date
21 Aug 2026
Ownership
By Foundation Capital Leadership Fund II, L.P.
Underlying class
Class A Common Stock
Underlying amount
87,313
Exercise price
Footnotes
F1, F4, F18
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 18 footnotes

Footnote F1

Each share of Class B Common Stock was converted into one share of Class A Common Stock for no additional consideration.

Footnote F2

Securities are directly held by Foundation Capital VIII, L.P. ("FC8"). Foundation Capital Management Co. VIII, L.L.C. ("FCM8") is the general partner of FC8. The Reporting Person is a manager of FCM8 and may be deemed to beneficially own such shares. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.

Footnote F3

Securities are directly held by Foundation Capital VIII Principals Fund, L.L.C. ("FC8P"). Foundation Capital Management Co. VIII, L.L.C. ("FCM8") is the manager of FC8P. The Reporting Person is a manager of FCM8 and may be deemed to beneficially own such shares. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.

Footnote F4

Securities are directly held by Foundation Capital Leadership Fund II, L.P. ("FCLF2"). Foundation Capital Management Co. LF II, L.L.C. ("FCMLF2") is the general partner of FCLF2. The Reporting Person is a manager of FCMLF2 and may be deemed to beneficially own such shares. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.

Footnote F5

Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by FC8 to its general partner and limited partners without additional consideration.

Footnote F6

Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by FC8P to its general partner and limited partners without additional consideration.

Footnote F7

Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by FCLF2 to its general partner and limited partners without additional consideration.

Footnote F8

Represents receipt of shares in the distributions in kind described in footnotes (5) and (6).

Footnote F9

Securities are directly held by FCM8. The Reporting Person is a manager of FCM8 and may be deemed to beneficially own such shares. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.

Footnote F10

Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by FCM8 to its members without additional consideration.

Footnote F11

Represents receipt of shares in the distribution in kind described in footnote (7).

Footnote F12

Securities are directly held by FCMLF2. The Reporting Person is a manager of FCMLF2 and may be deemed to beneficially own such shares. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.

Footnote F13

Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by FCMLF2 to its members without additional consideration.

Footnote F14

Represents receipt of shares in the distributions in kind described in footnotes (6), (10) and (13).

Footnote F15

The securities are held by a revocable family trust, of which the Reporting Person is a co-trustee. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein.

Footnote F16

Represents receipt of shares in the distributions in kind described in footnotes (10) and (13).

Footnote F17

The securities are held by an irrevocable GST trust, of which the Reporting Person is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F18

Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder and does not expire.

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