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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $22.94 | $574K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 18, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.43 to $23.38, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased or sold, as applicable, at each separate price within the ranges set forth in this footnote. The Reporting Person is the sole trustee of the Josef Parvizi Trust, and therefore may be deemed to have beneficial ownership of these securities. The Reporting Person is a co-trustee of the Innovation ACP Trust, and therefore may be deemed to share beneficial ownership of these securities. 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 his pecuniary interest therein.
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.
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 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.