Cerebras Systems (CBRS) trust reports pro-rata in-kind move of 268 shares
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
Restructured shares: 268 shares
Price per share: $0.0000
Shares after transaction: 268 shares
3 metrics
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
Key Terms
Class A Common Stock, pro-rata, in-kind distribution, Feldman Bravo Family Trust, Other acquisition or disposition
4 terms
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"
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.
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.