Ceribell (CBLL) CTO Woo exercises stock options, sells 11,112 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ceribell, Inc. Chief Technology Officer Raymond Woo reported a set of option exercises and related share sales in Ceribell stock. On March 2, 2026, he exercised multiple stock options to acquire common shares and then sold 11,112 shares of common stock in open-market transactions under a pre-arranged Rule 10b5-1 trading plan adopted on May 28, 2025. The reported sale prices were based on weighted-average prices within ranges from $18.10 to $18.41 per share. After these transactions, Woo directly held 166,912 shares of Ceribell common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,112 shares ($202,839)
Net Sell
9 txns
Insider
Woo Raymond
Role
Chief Technology Officer
Sold
11,112 shs ($203K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 1,472 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 3,025 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 6,615 | $0.00 | -- |
| Exercise | Common Stock | 1,472 | $2.24 | $3K |
| Sale | Common Stock | 1,472 | $18.26 | $27K |
| Exercise | Common Stock | 3,025 | $4.70 | $14K |
| Sale | Common Stock | 3,025 | $18.26 | $55K |
| Exercise | Common Stock | 6,615 | $4.70 | $31K |
| Sale | Common Stock | 6,615 | $18.25 | $121K |
Holdings After Transaction:
Stock Option (Right to Buy) — 11,330 shares (Direct);
Common Stock — 168,384 shares (Direct)
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.10 to $18.41, 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 stock option is fully vested and currently exercisable. 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. The option vests with respect to 1/24 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.
FAQ
What insider transactions did Ceribell (CBLL) CTO Raymond Woo report?
Raymond Woo reported option exercises and related stock sales. On March 2, 2026, he exercised multiple stock options and sold 11,112 Ceribell common shares in open-market transactions executed under a pre-established Rule 10b5-1 trading plan.
Did Ceribell (CBLL) CTO Raymond Woo use a Rule 10b5-1 plan?
Yes. The transactions were effected under a Rule 10b5-1 trading plan adopted on May 28, 2025. Such plans allow insiders to pre-schedule trades, helping separate personal trading decisions from later material nonpublic information.
What type of derivatives did the Ceribell (CBLL) CTO exercise?
He exercised stock options described as a “Stock Option (Right to Buy).” Several option tranches were exercised on March 2, 2026, converting into Ceribell common stock before a portion of those shares was sold in the open market.