Cerebras (NASDAQ: CBRS) director sells 68K, gets 111K shares
Rhea-AI Filing Summary
Cerebras Systems Inc. (CBRS) director Eric Vishria reported multiple indirect transactions in Class A Common Stock on August 17, 2026. Entities he controls, including The Vishria Revocable Trust, sold 68,268 shares in open-market transactions under a Rule 10b5-1 trading plan at weighted-average prices in the mid-$220s to $250 per share. On the same date, entities associated with him received 110,950 shares at no additional consideration through a pro-rata, in-kind distribution from Benchmark Capital Partners VIII, L.P. and affiliated funds.
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Insights
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Insider Trade Summary 10b5-1
Net Buyer: 42,682 shares
Net Buy
7 txns
Insider
Vishria Eric
Role
Director
Sold
68,268 shs ($15.69M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 10,000 | $224.1976 | $2.24M |
| Sale | Class A Common Stock F1, F4, F3 | 300 | $227.9667 | $68K |
| Sale | Class A Common Stock F1, F5, F3 | 41,367 | $228.3424 | $9.45M |
| Sale | Class A Common Stock F1, F6, F3 | 9,276 | $229.5593 | $2.13M |
| Sale | Class A Common Stock F1, F3 | 1,639 | $230.105 | $377K |
| Sale | Class A Common Stock F1, F7, F3 | 5,686 | $250.302 | $1.42M |
| Other | Class A Common Stock F8, F3 | 110,950 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 142,333 shares (Indirect, See Footnote)
Footnotes (8)
- F1. These shares were sold by The Vishria Revocable Trust pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 18, 2026.
- F2. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on August 17, 2026. The actual sale prices ranged from a low of $224.00 to a high of $224.49, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Cerebras Systems Inc. or any security holder of Cerebras Systems Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
- F3. Shares are held by entities controlled by the reporting person.
- F4. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on August 17, 2026. The actual sale prices ranged from a low of $227.95 to a high of $227.975, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Cerebras Systems Inc. or any security holder of Cerebras Systems Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
- F5. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on August 17, 2026. The actual sale prices ranged from a low of $228.00 to a high of $228.925, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Cerebras Systems Inc. or any security holder of Cerebras Systems Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
- F6. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on August 17, 2026. The actual sale prices ranged from a low of $229.03 to a high of $229.76, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Cerebras Systems Inc. or any security holder of Cerebras Systems Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
- F7. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on August 17, 2026. The actual sale prices ranged from a low of $250.00 to a high of $250.69, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Cerebras Systems Inc. or any security holder of Cerebras Systems Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
- F8. Represents a pro-rata, in-kind distribution by Benchmark Capital Partners VIII, L.P. and its affiliated funds, not for additional consideration, to its partners, including their respective members and assignees.
Key Figures
Shares sold: 68,268 shares
Shares received in distribution: 110,950 shares
Weighted-average sale price: $224.1976 per share
+2 more
5 metrics
Shares sold
68,268 shares
Total Class A Common Stock shares sold indirectly on August 17, 2026
Shares received in distribution
110,950 shares
Pro-rata, in-kind distribution from Benchmark Capital Partners VIII, L.P. and affiliates
Weighted-average sale price
$224.1976 per share
One series of August 17, 2026 sales; actual prices $224.00–$224.49
Weighted-average sale price
$250.3020 per share
Another series of August 17, 2026 sales; actual prices $250.00–$250.69
10b5-1 plan adoption date
May 18, 2026
Adoption date of Rule 10b5-1 trading plan used for the reported sales
Key Terms
Rule 10b5-1 trading plan, weighted-average sale price, pro-rata, in-kind distribution, indirect ownership
4 terms
Rule 10b5-1 trading plan regulatory
"These shares were sold by The Vishria Revocable Trust pursuant to a Rule 10b5-1 trading plan"
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 sale price financial
"Represents the weighted-average sale price per share of a series of transactions"
pro-rata, in-kind distribution financial
"Represents a pro-rata, in-kind distribution by Benchmark Capital Partners VIII, L.P."
indirect ownership financial
"Shares are held by entities controlled by the reporting person."
FAQ
What insider transactions did CBRS report for Eric Vishria on August 17, 2026?
On August 17, 2026, entities associated with CBRS director Eric Vishria sold 68,268 Class A shares and received 110,950 shares via a non-cash, in-kind distribution. The sales were executed indirectly through entities he controls, including a revocable trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.