STOCK TITAN

Ceribell CFO sells 846 shares after option exercise

Ceribell’s CFO exercised options and sold 846 shares under a pre-set Rule 10b5-1 trading plan, modestly reducing his direct common stock position.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ceribell, Inc. (CBLL) reported that its Chief Financial Officer, Scott Blumberg, exercised stock options for 846 shares of common stock at an exercise price of $9.41 per share on September 15, 2026, and sold 846 shares of common stock at a weighted average price of about $25 per share the same day. These transactions were effected under a Rule 10b5-1 trading plan adopted on December 12, 2025. Following the option exercise, he held 51,802 stock options that are fully vested and currently exercisable.

Positive

  • None.

Negative

  • None.
Insider Blumberg Scott
Role Chief Financial Officer
Sold 846 shs ($21K)
Approx. gross sale proceeds $21K
Approx. exercise cost $8K
Approx. pre-tax spread $13K
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) F1, F3 846 $0.00 $0.00
Exercise Common Stock F1 846 $9.41 $8K
Sale Common Stock F1, F2 846 $25.00 $21K
Holdings After Transaction: Stock Option (Right to Buy) — 51,802 contracts (Direct); Common Stock — 146,600 shares (Direct)
Footnotes (3)
  1. F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
  2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25 to $25.01, 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.
  3. F3. The stock option is fully vested and currently exercisable.
Options exercised 846 shares Stock options exercised into Ceribell common stock on September 15, 2026
Exercise price $9.41 per share Exercise price for the 846 stock options exercised on September 15, 2026
Shares sold 846 shares Common shares sold by the CFO on September 15, 2026
Weighted average sale price $25.00–$25.01 per share Price range for multiple sale transactions, reported as a weighted average price
Options held after exercise 51,802 options Total stock options reported as held following the derivative transaction
Rule 10b5-1 plan adoption date December 12, 2025 Date the CFO adopted the trading plan governing these transactions
Option expiration date April 23, 2034 Expiration date of the exercised stock option series
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 on December 12, 2025"
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.
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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Ceribell (CBLL) disclose for its CFO on this Form 4?

The Chief Financial Officer, Scott Blumberg, exercised 846 stock options at $9.41 per share and sold 846 shares of Ceribell common stock at a weighted average price of about $25 per share on September 15, 2026.

Was the Ceribell (CBLL) CFO’s September 15, 2026 sale under a Rule 10b5-1 plan?

Yes. The filing states the transactions reported were effected pursuant to a Rule 10b5-1 trading plan adopted by Scott Blumberg on December 12, 2025, indicating the trades were pre-arranged under that plan.

How many Ceribell (CBLL) stock options does the CFO hold after the reported transactions?

After exercising options on September 15, 2026, Scott Blumberg held 51,802 stock options related to Ceribell common stock. A footnote explains that the reported stock option is fully vested and currently exercisable.

What prices were involved in the Ceribell (CBLL) CFO’s Form 4 transactions?

The option exercise used an exercise price of $9.41 per share. The subsequent sale of 846 shares of common stock occurred at a weighted average price, with individual trade prices ranging from $25 to $25.01 per share.

Did the Ceribell (CBLL) CFO’s Form 4 report open-market sales of common stock?

Yes. The Form 4 reports a sale of 846 shares of Ceribell common stock on September 15, 2026 in transactions described as occurring at prices ranging from $25 to $25.01 per share, reported as a weighted average price.

Are there details on how the Ceribell (CBLL) CFO’s weighted average sale price was calculated?

The filing explains the reported sale price is a weighted average price for multiple transactions with prices from $25 to $25.01. It states the reporting person will provide full trade details, including share counts at each separate price, upon request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Blumberg Scott

(Last)(First)(Middle)
C/O CERIBELL, INC.
360 N. PASTORIA AVENUE

(Street)
SUNNYVALE CALIFORNIA 94085

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Ceribell, Inc. [ CBLL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/15/2026M(1)846A$9.41147,446D
Common Stock09/15/2026S(1)846D$25(2)146,600D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$9.4109/15/2026M(1)846 (3)04/23/2034Common Stock846$051,802D
Explanation of Responses:
1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25 to $25.01, 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.
3. The stock option is fully vested and currently exercisable.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Jessica Puathasnanon, Attorney-in-Fact for Scott Blumberg09/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading