In-kind fund distribution gives Cerebras (CBRS) director 99,651 shares

Rhea-AI Filing Summary

Cerebras Systems Inc. director Eric Vishria reported an internal restructuring involving 99,651 shares of Class A Common Stock. The shares were received indirectly by entities he controls through a pro-rata, in-kind distribution from Benchmark Capital Partners VIII, L.P. and affiliated funds, with no cash consideration. The filing reflects a change in how the shares are held rather than an open-market trade.

Insider Trade Summary

Net Buyer: 99,651 shares

Net Buy 1 txn

Insider Vishria Eric

Role Director

Type	Security	Shares	Price	Value
Other	Class A Common Stock	99,651	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 99,651 shares (Indirect, See Footnote)

Footnotes (2)

1. 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.
2. F2. Shares are held by entities controlled by the reporting person.

Key Figures

Shares in transaction: 99,651 shares Price per share: $0.00 Shares following transaction: 99,651 shares +1 more

4 metrics

Shares in transaction 99,651 shares Class A Common Stock moved in restructuring

Price per share $0.00 Pro-rata, in-kind distribution; no cash consideration

Shares following transaction 99,651 shares Indirect holdings after reported transaction

Transaction code J Other acquisition or disposition / restructuring

Key Terms

pro-rata, in-kind distribution, Class A Common Stock, other acquisition or disposition, indirect ownership, +1 more

5 terms

pro-rata, in-kind distribution financial

"Represents a pro-rata, in-kind distribution by Benchmark Capital Partners VIII, L.P."

Class A Common Stock financial

"security_title: Class A Common Stock"

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.

other acquisition or disposition financial

"transaction_code_description: Other acquisition or disposition"

indirect ownership financial

"direct_or_indirect: I and nature_of_ownership: See Footnote"

Benchmark Capital Partners VIII, L.P. financial

"distribution by Benchmark Capital Partners VIII, L.P. and its affiliated funds"

FAQ

What insider transaction did Cerebras Systems (CBRS) director Eric Vishria report?

Eric Vishria reported an internal restructuring involving 99,651 shares of Cerebras Class A Common Stock. The shares moved to entities he controls through a fund distribution, rather than through an open-market purchase or sale.

How many Cerebras (CBRS) shares are involved in Eric Vishria’s Form 4?

The Form 4 shows 99,651 shares of Cerebras Class A Common Stock. After the transaction, 99,651 shares are reported as indirectly owned, indicating the entire reported position is held through controlled entities.

Was cash paid in the Cerebras (CBRS) insider transaction reported by Eric Vishria?

No cash changed hands in this transaction. The filing describes a pro-rata, in-kind distribution from Benchmark Capital Partners VIII, L.P. and affiliated funds to partners, meaning the shares were distributed without additional consideration.

What does ‘pro-rata, in-kind distribution’ mean in the Cerebras (CBRS) Form 4?

A pro-rata, in-kind distribution means fund investors receive their share of holdings directly in stock instead of cash. Here, Benchmark funds distributed Cerebras shares to partners, including entities controlled by Eric Vishria, based on their ownership stakes.

Are Eric Vishria’s Cerebras (CBRS) shares held directly or indirectly?

The reported 99,651 Cerebras Class A shares are held indirectly. The Form 4 states the shares are held by entities controlled by Eric Vishria, so his ownership is reported through those entities rather than in his personal name.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 05:32 PM Accepted by SEC EDGAR 07/01/2026 - 05:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Vishria Eric

(Last) (First) (Middle)

C/O BENCHMARK

2965 WOODSIDE ROAD

(Street)

WOODSIDE CALIFORNIA 94062

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/29/2026		J(1)		99,651	A	$0.00	99,651	I	See Footnote(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. Shares are held by entities controlled by the reporting person.

	/s/ An-Yen Hu, by power of attorney for Eric Vishria	07/01/2026
	** Signature of Reporting Person	Date
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)