Cerebras CFO converts 32.5K Class B to Class A
Cerebras Systems Inc. (CBRS) reported that Chief Financial Officer Robert Patrick Komin Jr. converted 32,500 shares of Class B Common Stock into 32,500 shares of Class A Common Stock on 2026-08-18, at a stated price of $0.00 per share.
Rhea-AI Filing Summary
Cerebras Systems Inc. (CBRS) reported that Chief Financial Officer Robert Patrick Komin Jr. converted 32,500 shares of Class B Common Stock into 32,500 shares of Class A Common Stock on 2026-08-18, at a stated price of $0.00 per share. Following the conversion, he held 821,653 shares of Class B Common Stock directly and 32,500 shares of Class A Common Stock directly. An additional 175,000 shares of Class B Common Stock, convertible into an equal number of Class A shares, are held indirectly by a GRAT. The Class B shares are convertible into an equal number of Class A shares at his election with no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
32,500 shares exercised/converted
Exercise
3 txns
Insider
Komin Robert Patrick Jr.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 32,500 | -- | -- |
| Conversion | Class A Common Stock F1 | 32,500 | $0.00 | $0.00 |
| holding | Class B Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 821,653 contracts (Direct);
Class A Common Stock — 32,500 shares (Direct);
Class B Common Stock — 175,000 contracts (Indirect, By GRAT)
Footnotes (1)
- F1. The Class B Common Stock is convertible into an equal number of Class A Common Stock at any time, at the Reporting Person's election, and has no expiration date.
Key Figures
Shares converted from Class B to Class A: 32,500 shares
Conversion price per Class A share: $0.00 per share
Direct Class B holdings after transaction: 821,653 shares
+3 more
6 metrics
Shares converted from Class B to Class A
32,500 shares
Class B to Class A conversion on 2026-08-18
Conversion price per Class A share
$0.00 per share
Class A shares received in derivative conversion
Direct Class B holdings after transaction
821,653 shares
Class B Common Stock held directly after 2026-08-18
Direct Class A holdings after transaction
32,500 shares
Class A Common Stock held directly after conversion
Indirect Class B holdings by GRAT
175,000 shares
Class B Common Stock held indirectly, convertible into Class A
Underlying Class A shares from GRAT-held Class B
175,000 shares
Underlying Class A Common Stock from indirect Class B position
Key Terms
Class B Common Stock, Class A Common Stock, GRAT, Conversion of derivative security
4 terms
Class B Common Stock financial
"The Class B Common Stock is convertible into an equal number"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class A Common Stock financial
"convertible into an equal number of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
GRAT financial
"nature_of_ownership": "By GRAT""
Conversion of derivative security financial
"transaction_code_description": "Conversion of derivative security""
FAQ
What insider transaction did CBRS CFO Robert Komin report on this Form 4?
He reported converting 32,500 shares of Class B Common Stock into 32,500 shares of Class A Common Stock on 2026-08-18, at a stated price of $0.00 per share, representing a derivative conversion rather than an open-market trade.
What are the CFO’s remaining direct Class B holdings in CBRS after the conversion?
Following the conversion, he holds 821,653 shares of CBRS Class B Common Stock directly. The filing also notes that these Class B shares are convertible into an equal number of Class A shares at his election with no expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
