Insider trusts tied to Ceribell (CBLL) sell 8,286 shares at $20
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ceribell, Inc. director Josef Parvizi reported automatic sales of common stock through trusts associated with him. A total of 8,286 shares were sold in open-market transactions at a weighted average price of about $20 per share under a Rule 10b5-1 trading plan adopted on August 18, 2025. The Josef Parvizi Trust now holds 739,366 shares indirectly, while the Innovation ACP Trust and ACP 2021 Trust hold 907,911 and 369,088 shares indirectly, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,286 shares ($165,720)
Net Sell
4 txns
Insider
Parvizi Josef
Role
Director
Sold
8,286 shs ($166K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,986 | $20.00 | $140K |
| Sale | Common Stock | 1,300 | $20.00 | $26K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 739,366 shares (Indirect, By Josef Parvizi Trust)
Footnotes (1)
- The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 18, 2025. The Reporting Person is the sole trustee of the Josef Parvizi Trust, and therefore may be deemed to have beneficial ownership of these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20 to $20.02, 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 Innovation ACP Trust, and therefore may be deemed to share beneficial ownership of these securities. The Reporting Person is a co-trustee of the ACP 2021 Trust, and therefore may be deemed to share beneficial ownership of these securities.
FAQ
What insider transactions did Ceribell (CBLL) report for Josef Parvizi?
Ceribell reported that trusts associated with director Josef Parvizi sold a total of 8,286 shares of common stock in open-market transactions at around $20 per share, while also updating indirect share holdings across multiple trusts.
Was the Ceribell (CBLL) insider sale made under a Rule 10b5-1 plan?
Yes. A footnote explains the reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 18, 2025, indicating the trades were pre-arranged rather than discretionary market-timing decisions.