Ceribell (CBLL) CEO sells shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ceribell, Inc. President and CEO Chao Xingjuan reported an open-market sale of 2,084 shares of common stock on February 23, 2026 at $19.79 per share. According to the disclosure, these shares were sold to cover tax withholding obligations arising from the vesting of restricted stock units.
After this transaction, she directly owned 725,164 common shares. The filing also notes an indirect holding of 369,088 shares through the ACP 2021 Trust, where she is a co-trustee and may be deemed to share beneficial ownership, while disclaiming beneficial ownership beyond her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,084 shares ($41,242)
Net Sell
2 txns
Insider
Chao Xingjuan
Role
President and CEO
Sold
2,084 shs ($41K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,084 | $19.79 | $41K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 725,164 shares (Direct);
Common Stock — 369,088 shares (Indirect, By ACP 2021 Trust)
Footnotes (1)
- These shares were sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). The Reporting Person is a co-trustee of the ACP 2021 Trust, and therefore may be deemed to share beneficial ownership of these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
FAQ
What did Ceribell (CBLL) CEO Chao Xingjuan report in this Form 4 filing?
Chao Xingjuan reported selling 2,084 Ceribell common shares at $19.79 each. The sale was made to cover tax withholding obligations from vesting restricted stock units, and she continued to hold 725,164 shares directly afterward.
What is the significance of the ACP 2021 Trust in the Ceribell (CBLL) Form 4?
The ACP 2021 Trust is shown as an indirect holder of 369,088 Ceribell shares. Chao Xingjuan is a co-trustee and may be deemed to share beneficial ownership, but she formally disclaims beneficial ownership except for her actual financial interest in those shares.
Does the Ceribell (CBLL) Form 4 indicate a change in the CEO’s ownership strategy?
The filing shows a relatively small sale of 2,084 shares solely to cover tax withholding on vested RSUs. She continues to hold over seven hundred thousand shares directly, suggesting the transaction is administrative rather than a broad shift in ownership strategy.