Ceribell (CBLL) CEO exercises options, files updated Form 4
Rhea-AI Filing Summary
Ceribell, Inc. (CBLL) President, CEO and Director Xingjuan (Jane) Chao reported option exercises and share sales on 11/21/2025. She exercised stock options to acquire 25,000 shares at $2.24 and 25,000 shares at $3.65, then sold 50,000 common shares at a weighted average price of $15.13, with individual trades between $15 and $15.20. The transactions were effected under a Rule 10b5-1 trading plan. Following these trades, she directly owned 798,135 shares and indirectly held 369,088 shares through the ACP 2021 Trust. Her remaining stock options included 27,551 options at $2.24 expiring on June 10, 2029 and 257,100 options at $3.65 expiring on June 10, 2031. The filing also notes a correction to prior reports that had omitted 25,000 shares from earlier option exercises.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 25,000 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 25,000 | $0.00 | -- |
| Exercise | Common Stock | 25,000 | $2.24 | $56K |
| Exercise | Common Stock | 25,000 | $3.65 | $91K |
| Sale | Common Stock | 50,000 | $15.13 | $757K |
| holding | Common Stock | -- | -- | -- |
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 $15 to $15.20, 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 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 June 10, 2021, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date. The increase in shares beneficially owned reflects the correction of previously filed Forms 4/A filed on September 12, 2025, which added 25,000 shares resulting from option exercises that were inadvertently omitted from earlier reports.
