Cerebras (NASDAQ: CBRS) director reports 44,507-share fund distribution
Rhea-AI Filing Summary
Cerebras Systems Inc. (CBRS) reported an insider ownership change by director Eric Vishria. On 2026-08-24, entities controlled by him indirectly acquired 44,507 shares of Class A Common Stock in an "other" restructuring transaction, described as a pro‑rata, in‑kind distribution from Benchmark Capital Partners VIII, L.P. and affiliated funds. Following this distribution, the reporting person’s controlled entities held a total of 186,840 indirect shares. The filing indicates the transaction was effected pursuant to a Rule 10b5-1 trading plan, and no per‑share consideration was reported for the distribution.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 44,507 shares
Net Buy
1 txn
Insider
Vishria Eric
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1, F2 | 44,507 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 186,840 shares (Indirect, See Footnote)
Footnotes (2)
- F1. 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.
- F2. Shares are held by entities controlled by the reporting person.
Key Figures
Shares acquired: 44,507 shares of Class A Common Stock
Total indirect holdings after transaction: 186,840 shares of Class A Common Stock
Reported transaction price per share: $0.0000 per share
+2 more
5 metrics
Shares acquired
44,507 shares of Class A Common Stock
Other acquisition or disposition on 2026-08-24 via pro‑rata, in‑kind distribution
Total indirect holdings after transaction
186,840 shares of Class A Common Stock
Shares held by entities controlled by the reporting person following the 2026-08-24 transaction
Reported transaction price per share
$0.0000 per share
Pro‑rata, in‑kind distribution by Benchmark Capital funds, not for additional consideration
Transaction date
2026-08-24
Date of the reported other acquisition or disposition (Form 4 code J)
Restructuring shares
44,507 shares
Classified in transaction summary as restructuring shares related to code J transaction
Key Terms
Rule 10b5-1, pro-rata, in-kind distribution, indirect ownership, Other acquisition or disposition
4 terms
Rule 10b5-1 regulatory
"The filing indicates the transaction was effected pursuant to a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
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."
Other acquisition or disposition regulatory
"transaction_code_description": "Other acquisition or disposition""
FAQ
What insider transaction did CBRS director Eric Vishria report?
Eric Vishria reported an indirect acquisition of 44,507 shares of Cerebras Systems Inc. Class A Common Stock on 2026-08-24, classified as an other acquisition or disposition related to a pro‑rata, in‑kind distribution from Benchmark Capital funds.
Was the CBRS Form 4 transaction by Eric Vishria under a Rule 10b5-1 plan?
Yes. The Form 4 indicates the transaction was conducted under a Rule 10b5-1 trading plan, as shown by the checked 10b5-1 affirmation for the filing.
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