Ceribell (CBLL) finance VP exercises options, sells 4,560 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ceribell, Inc. Senior VP, Finance and PAO David Foehr exercised stock options and sold shares in the company. On March 3, 2026, he exercised options for 3,403 and 1,157 shares of common stock at $4.70 per share and then sold the same totals, 4,560 shares of common stock, at $17.80 per share in open-market transactions. After these trades, he directly held 17,550 shares of Ceribell common stock. The sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on September 4, 2025, and the underlying options vest over time through monthly installments after an initial 25% vesting on May 31, 2023.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,560 shares ($81,168)
Net Sell
6 txns
Insider
Foehr David
Role
Senior VP, Finance and PAO
Sold
4,560 shs ($81K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 3,403 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 1,157 | $0.00 | -- |
| Exercise | Common Stock | 3,403 | $4.70 | $16K |
| Sale | Common Stock | 3,403 | $17.80 | $61K |
| Exercise | Common Stock | 1,157 | $4.70 | $5K |
| Sale | Common Stock | 1,157 | $17.80 | $21K |
Holdings After Transaction:
Stock Option (Right to Buy) — 54,042 shares (Direct);
Common Stock — 20,953 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 4, 2025. Twenty Five Percent (25%) of the shares subject to the option vest on May 31, 2023 and the remaining shares subject to the option vest in 36 successive, equal monthly installments thereafter, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.
FAQ
What did Ceribell (CBLL) executive David Foehr report in this Form 4?
Ceribell Senior VP, Finance and PAO David Foehr reported exercising stock options and selling common shares. He exercised options for 3,403 and 1,157 shares and sold a total of 4,560 shares of common stock in open-market transactions on March 3, 2026.
Were Ceribell (CBLL) insider sales by David Foehr under a Rule 10b5-1 plan?
Yes, the sales reported by David Foehr were executed under a Rule 10b5-1 trading plan. The footnote states the plan was adopted on September 4, 2025, indicating the sale instructions were pre-arranged rather than made on a discretionary, same-day basis.
What are the terms of David Foehr’s Ceribell (CBLL) stock option vesting?
The footnotes explain that 25% of the option shares vest on May 31, 2023. The remaining option shares then vest in 36 equal monthly installments, contingent on David Foehr maintaining his employment or service relationship with Ceribell on each applicable vesting date.
What transaction codes appear in David Foehr’s Ceribell (CBLL) Form 4?
The Form 4 shows code M for option exercises and code S for sales. Code M reflects the exercise or conversion of derivative securities into common stock, while code S indicates open-market or private sale transactions in Ceribell common stock on March 3, 2026.