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Cerebras CAO sells 4,574 shares in tax-cover trade

Cerebras Systems Inc. (CBRS) reported insider activity by Chief Accounting Officer Yagnesh Patel involving a derivative conversion and related sales on August 18, 2026.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cerebras Systems Inc. (CBRS) reported insider activity by Chief Accounting Officer Yagnesh Patel involving a derivative conversion and related sales on August 18, 2026. Patel converted 6,250 shares of Class B Common Stock into an equal number of Class A shares and now holds 114,588 Class B shares directly. On the same date, he sold 4,574 Class A shares in multiple transactions at weighted-average prices within ranges from $215.01–$215.99 up to $240.00–$240.01 per share to cover tax withholding obligations from restricted stock unit settlement, under a "sell to cover" arrangement that is exempt from the IPO lock-up agreement.

Positive

  • None.

Negative

  • None.
Insider Patel Yagnesh
Role Chief Accounting Officer
Sold 4,574 shs ($1.02M)
Approx. gross sale proceeds $1.02M
Type Security Shares Price Value
Conversion Class B Common Stock F1 6,250 -- --
Conversion Class A Common Stock F1 6,250 -- --
Sale Class A Common Stock F2, F3 228 $215.67 $49K
Sale Class A Common Stock F2, F4 389 $216.40 $84K
Sale Class A Common Stock F2, F5 289 $217.58 $63K
Sale Class A Common Stock F2, F6 359 $218.54 $78K
Sale Class A Common Stock F2, F7 408 $219.58 $90K
Sale Class A Common Stock F2, F8 801 $220.43 $177K
Sale Class A Common Stock F2, F9 734 $221.47 $163K
Sale Class A Common Stock F2, F10 344 $222.42 $77K
Sale Class A Common Stock F2, F11 106 $223.54 $24K
Sale Class A Common Stock F2, F12 43 $224.52 $10K
Sale Class A Common Stock F2, F13 72 $225.51 $16K
Sale Class A Common Stock F2, F14 98 $226.46 $22K
Sale Class A Common Stock F2, F15 75 $227.37 $17K
Sale Class A Common Stock F2, F16 20 $228.53 $5K
Sale Class A Common Stock F2, F17 32 $229.46 $7K
Sale Class A Common Stock F2, F18 10 $230.67 $2K
Sale Class A Common Stock F2, F19 52 $231.57 $12K
Sale Class A Common Stock F2, F20 60 $232.62 $14K
Sale Class A Common Stock F2, F21 48 $233.31 $11K
Sale Class A Common Stock F2, F22 127 $234.47 $30K
Sale Class A Common Stock F2, F23 65 $235.50 $15K
Sale Class A Common Stock F2, F24 44 $236.43 $10K
Sale Class A Common Stock F2 2 $237.23 $474.46
Sale Class A Common Stock F2 2 $238.78 $477.56
Sale Class A Common Stock F2, F25 166 $240.01 $40K
Holdings After Transaction: Class B Common Stock — 114,588 contracts (Direct); Class A Common Stock — 16,676 shares (Direct)
Footnotes (25)
  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.
  2. F2. These shares were sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of restricted stock units, resulting in the automatic conversion of the shares into Class A Common Stock immediately prior to execution of the sale. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The Reporting Person is subject to a lock-up agreement that that was entered into with underwriters in connection with the Issuer's initial public offering and expires on the earlier of (i) 6:00 a.m. Eastern Time on the second trading day following the Issuer's release of earnings for the quarter ending September 30, 2026 or (ii) November 9, 2026. The sale of shares is a permissible exemption under the terms of the lock-up agreement.
  3. F3. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $215.01 to $215.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  4. F4. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $216.00 to $216.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  5. F5. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $217.00 to $217.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  6. F6. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $218.00 to $218.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  7. F7. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $219.00 to $219.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  8. F8. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $220.00 to $220.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate pric
  9. F9. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $221.00 to $221.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  10. F10. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $222.00 to $222.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  11. F11. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $223.00 to $223.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  12. F12. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $224.12 to $224.92, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  13. F13. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $225.01 to $225.98, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  14. F14. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $226.01 to $226.97, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  15. F15. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $227.01 to $227.96, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  16. F16. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $228.01 to $228.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  17. F17. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $229.00 to $229.88, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  18. F18. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $230.11 to $230.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  19. F19. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $231.12 to $231.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  20. F20. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $232.05 to $232.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  21. F21. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $233.00 to $233.92, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  22. F22. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $234.04 to $234.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  23. F23. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $235.00 to $235.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  24. F24. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $236.01 to $236.97, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  25. F25. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $240.00 to $240.01, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
Class B shares converted 6,250 shares Class B Common Stock converted into Class A Common Stock on August 18, 2026
Class B shares held after conversion 114,588 shares Direct holdings of Class B Common Stock following the derivative conversion
Class A shares sold 4,574 shares Total Class A Common Stock sold in multiple transactions on August 18, 2026
Sale price example $215.67 per share One reported per-share sale price for Class A Common Stock
Lowest weighted-average price range $215.01–$215.99 per share Weighted-average sale price range for one group of Class A share sales
Highest weighted-average price range $240.00–$240.01 per share Weighted-average sale price range for another group of Class A share sales
Net shares sold (buy/sell) 4,574 shares Net sell shares from transaction summary (no purchases reported)
sell to cover financial
"to be funded by a "sell to cover" transaction and does not represent"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
restricted stock units financial
"obligations in connection with the settlement of restricted stock units,"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
lock-up agreement regulatory
"The Reporting Person is subject to a lock-up agreement that that was entered"
A lock-up agreement is a contract that prevents company insiders and early investors from selling their shares for a fixed period after a stock sale, often after an initial public offering. It matters to investors because it temporarily limits the number of shares that can hit the market, which can keep the share price steadier; when the lock-up ends, a sudden increase in available shares can create extra volatility, revealing insiders’ confidence or lack thereof.
weighted average sale price financial
"represents the weighted average sale price of the shares sold ranging"
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.

FAQ

What did CBRS insider Yagnesh Patel report in this Form 4?
He reported converting 6,250 Class B shares of Cerebras Systems Inc. into 6,250 Class A shares and selling 4,574 Class A shares on August 18, 2026, primarily to cover tax withholding obligations tied to restricted stock unit settlement.

How many Cerebras (CBRS) Class B shares does Yagnesh Patel hold after these transactions?
After the derivative conversion, Yagnesh Patel directly holds 114,588 shares of Cerebras Systems Inc. Class B Common Stock. The Class B shares are convertible one-for-one into Class A Common Stock at his election with no expiration date.

How many Cerebras (CBRS) Class A shares did Yagnesh Patel sell and at what prices?
He sold 4,574 Class A shares of Cerebras Systems Inc. in multiple transactions on August 18, 2026, at weighted-average prices within ranges from $215.01–$215.99 per share up to $240.00–$240.01 per share, as detailed in the price-range footnotes.

Were Yagnesh Patel’s CBRS share sales discretionary?
The filing states the sales were executed to cover tax withholding obligations in connection with the settlement of restricted stock units under a “sell to cover” arrangement and do not represent a discretionary transaction by Yagnesh Patel.

How do these transactions relate to the Cerebras (CBRS) IPO lock-up agreement?
Yagnesh Patel is subject to an IPO-related lock-up agreement that runs until the earlier of a date tied to earnings for the quarter ending September 30, 2026, or November 9, 2026. The tax-related “sell to cover” sales are disclosed as a permissible exemption under that lock-up.

What is the conversion feature of Cerebras (CBRS) Class B Common Stock mentioned in the filing?
The filing states that Cerebras Systems Inc. Class B Common Stock is convertible into an equal number of Class A shares at any time at the reporting person’s election and has no expiration date, allowing ongoing flexibility to convert.

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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).
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*
Patel Yagnesh
(Last)(First)(Middle)
C/O CEREBRAS SYSTEMS INC.
1237 E. ARQUES AVENUE
(Street)
SUNNYVALE CALIFORNIA 94085
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Cerebras Systems Inc. [ CBRS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026		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
Class A Common Stock08/18/2026C6,250A(1)21,250D
Class A Common Stock08/18/2026S228(2)D$215.67(3)21,022D
Class A Common Stock08/18/2026S389(2)D$216.4(4)20,633D
Class A Common Stock08/18/2026S289(2)D$217.58(5)20,344D
Class A Common Stock08/18/2026S359(2)D$218.54(6)19,985D
Class A Common Stock08/18/2026S408(2)D$219.58(7)19,577D
Class A Common Stock08/18/2026S801(2)D$220.43(8)18,776D
Class A Common Stock08/18/2026S734(2)D$221.47(9)18,042D
Class A Common Stock08/18/2026S344(2)D$222.42(10)17,698D
Class A Common Stock08/18/2026S106(2)D$223.54(11)17,592D
Class A Common Stock08/18/2026S43(2)D$224.52(12)17,549D
Class A Common Stock08/18/2026S72(2)D$225.51(13)17,477D
Class A Common Stock08/18/2026S98(2)D$226.46(14)17,379D
Class A Common Stock08/18/2026S75(2)D$227.37(15)17,304D
Class A Common Stock08/18/2026S20(2)D$228.53(16)17,284D
Class A Common Stock08/18/2026S32(2)D$229.46(17)17,252D
Class A Common Stock08/18/2026S10(2)D$230.67(18)17,242D
Class A Common Stock08/18/2026S52(2)D$231.57(19)17,190D
Class A Common Stock08/18/2026S60(2)D$232.62(20)17,130D
Class A Common Stock08/18/2026S48(2)D$233.31(21)17,082D
Class A Common Stock08/18/2026S127(2)D$234.47(22)16,955D
Class A Common Stock08/18/2026S65(2)D$235.5(23)16,890D
Class A Common Stock08/18/2026S44(2)D$236.43(24)16,846D
Class A Common Stock08/18/2026S2(2)D$237.2316,844D
Class A Common Stock08/18/2026S2(2)D$238.7816,842D
Class A Common Stock08/18/2026S166(2)D$240.01(25)16,676D
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
Class B Common Stock(1)08/18/2026C6,250 (1) (1)Class A Common Stock6,250(1)114,588D
Explanation of Responses:
1. 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.
2. These shares were sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of restricted stock units, resulting in the automatic conversion of the shares into Class A Common Stock immediately prior to execution of the sale. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The Reporting Person is subject to a lock-up agreement that that was entered into with underwriters in connection with the Issuer's initial public offering and expires on the earlier of (i) 6:00 a.m. Eastern Time on the second trading day following the Issuer's release of earnings for the quarter ending September 30, 2026 or (ii) November 9, 2026. The sale of shares is a permissible exemption under the terms of the lock-up agreement.
3. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $215.01 to $215.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
4. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $216.00 to $216.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
5. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $217.00 to $217.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
6. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $218.00 to $218.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
7. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $219.00 to $219.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
8. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $220.00 to $220.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate pric
9. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $221.00 to $221.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
10. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $222.00 to $222.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
11. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $223.00 to $223.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
12. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $224.12 to $224.92, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
13. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $225.01 to $225.98, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
14. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $226.01 to $226.97, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
15. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $227.01 to $227.96, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
16. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $228.01 to $228.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
17. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $229.00 to $229.88, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
18. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $230.11 to $230.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
19. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $231.12 to $231.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
20. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $232.05 to $232.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
21. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $233.00 to $233.92, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
22. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $234.04 to $234.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
23. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $235.00 to $235.99, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
24. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $236.01 to $236.97, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
25. The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $240.00 to $240.01, inclusive. Upon request by the staff of the Securities and Exchange commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
Remarks:
/s/ Robert Mills, Attorney-in-fact08/20/2026
** 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)

Source: View Original Filing on SEC EDGAR