Ceribell (CBLL) CEO exercises stock options, now holds 766,792 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ceribell, Inc. President and CEO Chao Xingjuan reported exercising stock options to acquire a total of 55,628 shares of common stock. She exercised options for 36,628 shares at an exercise price of $2.24 per share and 19,000 shares at $3.65 per share.
After these transactions, she holds 766,792 shares of common stock directly. An additional 369,088 shares are held indirectly by the ACP 2021 Trust, where she is a co-trustee and may be deemed to share beneficial ownership, while disclaiming beneficial ownership except to the extent of her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
55,628 shares exercised/converted
Mixed
5 txns
Insider
Chao Xingjuan
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 36,628 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 19,000 | $0.00 | -- |
| Exercise | Common Stock | 36,628 | $2.24 | $82K |
| Exercise | Common Stock | 19,000 | $3.65 | $69K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,096 shares (Direct);
Common Stock — 747,792 shares (Direct);
Common Stock — 369,088 shares (Indirect, By ACP 2021 Trust)
Footnotes (1)
- 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. The stock option is fully vested and currently exercisable.
FAQ
What did Ceribell (CBLL) CEO Chao Xingjuan report in this Form 4?
Chao Xingjuan exercised stock options to acquire 55,628 Ceribell common shares. She converted previously granted options into 36,628 shares at $2.24 and 19,000 shares at $3.65, with no open-market purchases or sales reported in this filing.
Were Ceribell (CBLL) CEO transactions open-market buys or sells?
No, the reported Ceribell CEO transactions were stock option exercises, not market trades. All entries use code “M,” indicating exercise or conversion of derivative securities, with no reported open-market purchase or sale codes in this Form 4.
What option exercise prices were disclosed for Ceribell (CBLL) CEO in this filing?
The CEO exercised options at $2.24 and $3.65 per share. These exercises converted 36,628 options at $2.24 and 19,000 options at $3.65 into an equal number of Ceribell common shares on the same transaction date.
How many Ceribell (CBLL) options did the CEO exercise according to the Form 4?
The CEO exercised options covering 55,628 Ceribell common shares. The filing’s summary reports an exerciseCount of 2 and exerciseShares of 55,628, matching the two derivative transactions that converted stock options into common stock on the reported date.
What does the ACP 2021 Trust holding mean for Ceribell (CBLL) CEO ownership?
The ACP 2021 Trust holds 369,088 Ceribell shares reported as indirect CEO ownership. She is a co-trustee and may be deemed to share beneficial ownership, but explicitly disclaims beneficial ownership except for her pecuniary interest, which may limit her effective economic exposure.