STOCK TITAN

Cerebras Systems (CBRS) trust reports pro-rata in-kind move of 268 shares

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

Rhea-AI Filing Summary

Cerebras Systems Inc. director and CEO Andrew D. Feldman reported an entity restructuring involving 268 shares of Class A Common Stock held indirectly through the Feldman Bravo Family Trust. The transaction is described as a pro-rata, in-kind distribution not for additional consideration, rather than a market buy or sell. Following this event, the trust is shown as holding 268 shares.

Positive

  • None.

Negative

  • None.
Insider Feldman Andrew D.
Role CEO, President
Type Security Shares Price Value
Other Class A Common Stock 268 $0.00 --
Holdings After Transaction: Class A Common Stock — 268 shares (Indirect, By Feldman Bravo Family Trust)
Footnotes (1)
  1. [object Object]
Restructured shares 268 shares Pro-rata, in-kind distribution coded J
Price per share $0.0000 Internal distribution, not for additional consideration
Shares after transaction 268 shares Indirectly held by Feldman Bravo Family Trust
Class A Common Stock financial
"268 shares of Class A Common Stock held indirectly"
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.
pro-rata, in-kind distribution financial
"Represents a pro-rata, in-kind distribution not for additional consideration"
Feldman Bravo Family Trust financial
"held indirectly through the Feldman Bravo Family Trust"
Other acquisition or disposition financial
"transaction code J described as Other acquisition or disposition"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Feldman Andrew D.

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO, President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026
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 Stock06/29/2026J(1)268A$0268IBy Feldman Bravo Family Trust
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
Explanation of Responses:
1. Represents a pro-rata, in-kind distribution not for additional consideration.
Remarks:
/s/ Robert Mills, Attorney-in-fact06/30/2026
** 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)

FAQ

What insider transaction did Cerebras Systems (CBRS) report in this Form 4?

Cerebras Systems reported an entity-level restructuring transaction involving 268 shares of Class A Common Stock held indirectly by the Feldman Bravo Family Trust, associated with CEO Andrew D. Feldman, rather than a traditional open-market purchase or sale.

Did Andrew D. Feldman buy or sell Cerebras Systems (CBRS) shares in this filing?

The filing does not show a typical buy or sell. It reports an “other” transaction coded J, described as a pro-rata, in-kind distribution not for additional consideration, indicating an internal restructuring rather than an open-market trade.

How many Cerebras Systems (CBRS) shares are involved in the reported trust transaction?

The transaction involves 268 shares of Cerebras Systems Class A Common Stock. These shares are held indirectly through the Feldman Bravo Family Trust, with the Form 4 showing 268 shares held following the restructuring event.

Who is the reporting person in this Cerebras Systems (CBRS) Form 4?

The reporting person is Andrew D. Feldman, who serves as CEO, President, and director of Cerebras Systems Inc. The transaction, however, is attributed to shares held indirectly by the Feldman Bravo Family Trust.

What does “pro-rata, in-kind distribution not for additional consideration” mean in this Cerebras (CBRS) filing?

It indicates the shares were redistributed in proportion to existing interests and transferred in-kind, with no new cash or value paid. This points to an internal ownership adjustment, not a conventional share purchase or sale on the market.