[144] CeriBell, Inc. SEC Filing
Form 144 filing for CeriBell, Inc. (symbol: CBLL) discloses that an affiliate, Xingjuan Chao, plans to sell up to 25,000 common shares through Fidelity Brokerage Services. The proposed sale, valued at $470,000, represents roughly 0.07 % of the 36.14 million shares outstanding and is expected to occur on or about 07 July 2025 on the NASDAQ exchange.
The shares stem from an employee option granted on 07 July 2021 and exercised for cash on the same date as the planned sale. During the previous three months, the same seller executed six separate transactions totaling 75,000 shares and generating ≈ $1.23 million in gross proceeds.
No additional financial statements, earnings figures, or corporate actions are included in this filing. The document is limited to the proposed share sale details required under SEC Rule 144.
- Sale size is immaterial relative to 36.14 million shares outstanding (≈ 0.07 %), limiting potential market impact.
- Continued insider selling: 75 k shares already sold in the last three months, with another 25 k planned, may be perceived negatively by some investors.
Insights
TL;DR – Routine insider sale; limited impact due to small float percentage.
This Form 144 shows an insider planning to sell 25 k shares (<0.1 % of outstanding) after selling 75 k in the prior quarter. The filing supplies no operational or financial updates and merely satisfies Rule 144 notice requirements. Insider sales can signal personal liquidity events rather than corporate weakness. Given the minuscule portion of the float, the transaction should not materially move CBLL’s valuation absent other news.