[Form 4] CeriBell, Inc. Insider Trading Activity
Ceribell, Inc. (CBLL) reporting person Joseph S. Manni, Chief Revenue Officer, disclosed a sale of 660 shares of common stock on 08/25/2025 at a reported price of $11.58 per share. After the transaction he beneficially owns 27,761 shares directly. The filing indicates a routine insider sale with remaining meaningful ownership by the officer.
- Reporting officer retains substantial ownership after the sale: 27,761 shares directly owned
- Disclosure appears complete for the reported non-derivative transaction (sale amount and price provided)
- Insider sale occurred: 660 shares disposed at $11.58, which could be interpreted as limited insider liquidity
- No indication in this filing that the sale was pursuant to a pre-established Rule 10b5-1 plan
Insights
TL;DR: Small insider sale; continues to hold a meaningful position, so limited immediate signal to the market.
The sale of 660 shares at $11.58 represents a modest disposition relative to the reported post-transaction holding of 27,761 shares. The transaction code F indicates a sale, and the remaining direct ownership suggests ongoing alignment with shareholder outcomes rather than an exit. For investors, this is a routine insider liquidity event rather than a material shift in ownership or control.
TL;DR: Single small sale by an officer; governance signal is neutral given sustained direct ownership.
From a governance perspective, the disclosure is timely and complete for this class of securities. The officer retains substantial direct holdings after the sale, which typically mitigates concerns about insider exodus. No derivative transactions or plan-based sales are disclosed here, so there is no indication this was part of a Rule 10b5-1 plan from the information provided.