Ceribell (CBLL) CRO granted stock options and RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Manni Joseph S. reported acquisition or exercise transactions in this Form 4 filing.
Ceribell, Inc. reported that Chief Revenue Officer Joseph S. Manni received equity compensation on April 1, 2026. He was granted a stock option to buy 51,227 shares of common stock at $18.50 per share, expiring on April 1, 2036, and a separate grant of 30,736 shares of common stock as restricted stock units. The option vests on each quarterly anniversary from May 20, 2026, subject to his continued service. After these awards, he directly owns 57,669 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Manni Joseph S.
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 51,227 | $0.00 | -- |
| Grant/Award | Common Stock | 30,736 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 51,227 shares (Direct);
Common Stock — 57,669 shares (Direct)
Footnotes (1)
- Grant of restricted stock units ("RSUs"). The shares subject to the option shall vest on each quarterly anniversary from May 20, 2026, subject to the Reporting Person's continued employment service relationship with the Issuer on each such vesting date.
Key Figures
Stock option grant: 51,227 shares
Option exercise price: $18.50/share
Option expiration: April 1, 2036
+2 more
5 metrics
Stock option grant
51,227 shares
Option to buy Ceribell common stock granted April 1, 2026
Option exercise price
$18.50/share
Conversion or exercise price for 51,227-share option
Option expiration
April 1, 2036
Expiration date of stock option grant
RSU share grant
30,736 shares
Common stock granted as restricted stock units on April 1, 2026
Shares held after grant
57,669 shares
Total direct common stock holdings following RSU award
Key Terms
restricted stock units ("RSUs"), Stock Option (Right to Buy), vest, exercise price
4 terms
restricted stock units ("RSUs") financial
"Grant of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
vest financial
"The shares subject to the option shall vest on each quarterly anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"conversion_or_exercise_price: 18.5000"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What equity awards did Ceribell (CBLL) grant to its CRO Joseph S. Manni?
Ceribell granted Chief Revenue Officer Joseph S. Manni a stock option for 51,227 common shares at $18.50 per share and 30,736 common shares as restricted stock units. Both awards represent compensation rather than open-market purchases or sales.
What are the key terms of Joseph S. Manni’s new stock option at Ceribell (CBLL)?
Manni received a stock option covering 51,227 Ceribell common shares at a fixed exercise price of $18.50 per share, expiring April 1, 2036. The option is a right to buy shares in the future if vesting and other conditions are satisfied.
When do Joseph S. Manni’s Ceribell (CBLL) stock options vest?
The shares subject to Manni’s option vest on each quarterly anniversary from May 20, 2026, conditioned on his continued employment or service with Ceribell on each vesting date. This creates a gradual vesting schedule tied directly to ongoing service.
Are Joseph S. Manni’s Ceribell (CBLL) awards open-market buys or compensation grants?
Both transactions are compensation-related grants. The Form 4 lists transaction code A with descriptions “Grant, award, or other acquisition” for the stock option and the common stock, indicating these are awards from Ceribell rather than market purchases.
What is the expiration date of Joseph S. Manni’s stock option at Ceribell (CBLL)?
Manni’s stock option to purchase 51,227 Ceribell common shares at $18.50 per share expires on April 1, 2036. He must exercise vested portions of the option before that expiration date to acquire the underlying shares.