Ceribell CEO exercises options and sells shares
Ceribell, Inc. President and CEO Xingjuan Chao reported an exercise-and-sell transaction in Common Stock.
Rhea-AI Filing Summary
Ceribell, Inc. President and CEO Xingjuan Chao reported an exercise-and-sell transaction in Common Stock. On July 7, 2026, she exercised stock options to acquire a total of 25,000 shares at an exercise price of $4.70 per share and sold 39,000 shares of Common Stock in open-market transactions at a weighted average price of $19.90 per share. These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan. Following the transactions, she directly holds 802,317 shares of Common Stock and may be deemed to share beneficial ownership of 369,088 shares held indirectly through the ACP 2021 Trust. The stock option referenced in the filing is fully vested and currently exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Chao Xingjuan
Role
President and CEO
Sold
39,000 shs ($776K)
Approx. gross sale proceeds
$776K
Approx. exercise cost
$118K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 1,446 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 23,554 | $0.00 | $0.00 |
| Sale | Common Stock | 14,000 | $19.90 | $279K |
| Exercise | Common Stock | 1,446 | $4.70 | $7K |
| Sale | Common Stock | 1,446 | $19.90 | $29K |
| Exercise | Common Stock | 23,554 | $4.70 | $111K |
| Sale | Common Stock | 23,554 | $19.90 | $469K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 366,633 contracts (Direct);
Common Stock — 802,317 shares (Direct);
Common Stock — 369,088 shares (Indirect, By ACP 2021 Trust)
Footnotes (6)
- F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.69 to $20.27, 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.
- F3. The Reporting Person is a co-trustee of the ACP 2021 Trust, and therefore may be deemed to share beneficial ownership of these securities.
- F4. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
- F5. The option vests with respect to 1/48 of the shares subject thereto on each monthly anniversary of April 1, 2023, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.
- F6. The stock option is fully vested and currently exercisable.
Key Figures
Shares sold: 39,000 shares
Average sale price: $19.90 per share
Options exercised: 25,000 shares
+3 more
6 metrics
Shares sold
39,000 shares
Common Stock sold in open-market transactions on July 7, 2026 at weighted avg $19.90
Average sale price
$19.90 per share
Weighted average sale price for 39,000 Common Stock shares, range $19.69–$20.27
Options exercised
25,000 shares
Common Stock acquired via option exercises (codes M) at $4.70 on July 7, 2026
Option exercise price
$4.70 per share
Exercise price for stock options converted into Common Stock
Direct holdings after
802,317 shares
Common Stock directly owned by CEO after reported transactions
Indirect trust holdings
369,088 shares
Common Stock held by ACP 2021 Trust with shared beneficial ownership
Key Terms
Rule 10b5-1 trading plan, weighted average price, stock option, beneficial ownership, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
stock option financial
"The stock option is fully vested and currently exercisable."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
beneficial ownership financial
"may be deemed to share beneficial ownership of these securities."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Ceribell (CBLL) CEO Xingjuan Chao report?
Ceribell CEO Xingjuan Chao reported exercising stock options for 25,000 shares at $4.70 and selling 39,000 Common Stock shares at a weighted average $19.90 on July 7, 2026, under a pre-arranged Rule 10b5-1 trading plan.
What prices were involved in the Ceribell (CBLL) CEO’s Form 4 transactions?
The CEO exercised options at an exercise price of $4.70 per share for 25,000 shares. She sold 39,000 Common Stock shares in open-market transactions at a weighted average price of $19.90 per share, based on trades ranging from $19.69 to $20.27.
What does the Form 4 say about the Ceribell (CBLL) CEO’s stock options?
The filing describes a stock option with a $4.70 exercise price that is fully vested and currently exercisable. It vests in monthly installments from April 1, 2023, conditioned on continued service, and was partially exercised in connection with the July 7, 2026 transactions.
How are ACP 2021 Trust holdings treated in the Ceribell (CBLL) Form 4?
The Form 4 reports 369,088 Ceribell shares held by ACP 2021 Trust as indirect ownership. The CEO is a co-trustee and may be deemed to share beneficial ownership but disclaims beneficial ownership except to the extent of her pecuniary interest in those securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
