Ceribell (CBLL) director-linked trust sells 25K insider shares
Rhea-AI Filing Summary
Josef Parvizi Trust, an entity associated with Ceribell director Josef Parvizi, sold 25,000 shares of Ceribell common stock on January 15, 2026 at a weighted average price of $22.94 per share. The sale was executed under a Rule 10b5-1 trading plan adopted on August 18, 2025, meaning the trades were pre-arranged rather than discretionary on the trade date. After the sale, the Josef Parvizi Trust held 747,652 shares, while the Innovation ACP Trust held 907,911 shares and the ACP 2021 Trust held 369,088 shares, all reported as indirectly owned, with beneficial ownership disclaimed except to the extent of pecuniary interest.
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FAQ
What insider transaction did Ceribell (CBLL) report in this Form 4?
The filing reports that the Josef Parvizi Trust, associated with Ceribell director Josef Parvizi, sold 25,000 shares of Ceribell common stock on January 15, 2026 at a weighted average price of $22.94 per share.
Was the Ceribell (CBLL) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person on August 18, 2025, indicating the trades were pre-scheduled.
How many Ceribell (CBLL) shares did the Josef Parvizi Trust hold after the sale?
Following the reported transaction, the Josef Parvizi Trust held 747,652 shares of Ceribell common stock, reported as indirectly owned.
What other indirect Ceribell (CBLL) holdings are reported for trusts linked to Josef Parvizi?
The filing reports 907,911 shares held by the Innovation ACP Trust and 369,088 shares held by the ACP 2021 Trust, both as indirect holdings related to the reporting person.
What price range did the Ceribell (CBLL) insider shares sell for on January 15, 2026?
The $22.94 figure is a weighted average. The shares were sold in multiple trades at prices ranging from $22.43 to $23.38 per share, inclusive.
Does Josef Parvizi claim full beneficial ownership of the Ceribell (CBLL) trust shares?
No. The filing states that the reporting person disclaims beneficial ownership of the trust-held securities except to the extent of his pecuniary interest.
What is Josef Parvizi’s role at Ceribell (CBLL)?
The reporting person, Josef Parvizi, is identified as a director of Ceribell, Inc. in this Form 4.