Ceribell (CBLL) CEO trades 39K shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ceribell, Inc. director and CEO Xingjuan Chao exercised stock options and sold shares in a planned trade. On April 6, 2026, she exercised options for 25,000 shares of Common Stock at $4.70 per share and sold 39,000 shares at a weighted average price of $18.40 per share pursuant to a Rule 10b5-1 trading plan. After these transactions, she holds 850,347 shares directly and 369,088 shares indirectly through the ACP 2021 Trust, where she is a co-trustee and disclaims beneficial ownership beyond her pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Ceribell’s CEO executed a planned option exercise-and-sell, retaining a large equity stake.
Ceribell’s President and CEO Xingjuan Chao exercised options for 25,000 shares at $4.70 per share and sold 39,000 shares of Common Stock at a weighted average price of $18.40. All trades were made under a pre-arranged Rule 10b5-1 trading plan, indicating the timing was set in advance.
Following the transactions, she directly holds 850,347 shares and has indirect exposure to 369,088 shares through the ACP 2021 Trust. The sales represent a small portion of her visible holdings, so the filing mainly reflects routine liquidity and compensation usage rather than a major change in ownership stance.
Insider Trade Summary 10b5-1
Net Seller: 39,000 shares ($717,600)
Net Sell
8 txns
Insider
Chao Xingjuan
Role
President and CEO
Sold
39,000 shs ($718K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 1,446 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 23,554 | $0.00 | -- |
| Sale | Common Stock | 14,000 | $18.40 | $258K |
| Exercise | Common Stock | 1,446 | $4.70 | $7K |
| Sale | Common Stock | 1,446 | $18.40 | $27K |
| Exercise | Common Stock | 23,554 | $4.70 | $111K |
| Sale | Common Stock | 23,554 | $18.40 | $433K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 293,048 shares (Direct);
Common Stock — 850,347 shares (Direct);
Common Stock — 369,088 shares (Indirect, By ACP 2021 Trust)
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.03 to $18.77, 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 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 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 stock option is fully vested and currently exercisable.
Key Figures
Shares sold: 39,000 shares
Sale price: $18.40 per share
Options exercised: 25,000 shares
+4 more
7 metrics
Shares sold
39,000 shares
Common Stock sold on April 6, 2026 at weighted avg $18.40
Sale price
$18.40 per share
Weighted average sale price for 39,000 Common shares
Options exercised
25,000 shares
Stock options converted to Common Stock on April 6, 2026
Exercise price
$4.70 per share
Exercise price of stock options converted into Common Stock
Direct holdings after
850,347 shares
Common Stock directly owned by CEO after transactions
Indirect trust holdings
369,088 shares
Common Stock held by ACP 2021 Trust with CEO as co-trustee
Net share change (buy/sell)
-39,000 shares
Net of open-market sales versus purchases in this Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"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.
beneficial ownership financial
"therefore 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."
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.
FAQ
What insider transactions did Ceribell (CBLL) CEO Xingjuan Chao report?
Xingjuan Chao reported exercising options for 25,000 Ceribell shares at $4.70 and selling 39,000 Common shares at a weighted average price of $18.40. These were routine equity compensation and liquidity transactions disclosed in a Form 4 filing.
What prices were involved in the Ceribell (CBLL) CEO’s Form 4 transactions?
Stock options were exercised at an exercise price of $4.70 per share, converting into 25,000 Common shares. The 39,000 Common shares sold were at a weighted average price of $18.40, based on multiple trades between $18.03 and $18.77 per share.
Does Ceribell (CBLL) CEO retain unexercised stock options after this Form 4?
The filing notes that the reported stock option is fully vested and currently exercisable, and derivative position summaries show no remaining derivative holdings from this option series. This indicates the 25,000 options reported here were fully exercised in these transactions.