Richard J. Benjamin sells 61,233 and 24,235 CERS shares (NASDAQ: CERS)

Rhea-AI Filing Summary

CERS insider sale filings reported by Richard J. Benjamin. The filing shows sales of 24,235 common shares on 03/06/2026 for $48,603.19 and 61,233 common shares on 03/05/2026 for $126,299.19. A broker-dealer listed is Morgan Stanley Smith Barney LLC with a reference date of 03/09/2026. The record also references 40,426 common shares tied to restricted stock dated 03/06/2025.

Insights

Insider Transaction Analyst

Insider reported multiple open-market dispositions in early March 2026.

The submission lists two reported dispositions by Richard J. Benjamin: 24,235 shares sold on 03/06/2026 for $48,603.19 and 61,233 shares sold on 03/05/2026 for $126,299.19. Broker information names Morgan Stanley Smith Barney LLC.

Timing and cash-flow recipients are explicit for the reported sales; the filing also references 40,426 restricted shares dated 03/06/2025. Future filings or Form 4/5 may provide additional attribution or context regarding ownership structure and whether these sales complete any planned program.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	40426	76029.18	192171776	03/09/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/06/2025	Restricted Stock	ISSUER			40426	03/06/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
RICHARD J BENJAMIN 1220 Concord Avenue Suite 600 CONCORD CA 94520	Common	03/06/2026	24235	48603.19
RICHARD J BENJAMIN 1220 Concord Avenue Suite 600 CONCORD CA 94520	Common	03/05/2026	61233	126299.19

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Richard J. Benjamin report in the CERS Form 144?

He reported two common‑share dispositions: 61,233 shares on 03/05/2026 for $126,299.19 and 24,235 shares on 03/06/2026 for $48,603.19. Broker: Morgan Stanley Smith Barney LLC.

Does the filing show any restricted shares for CERS?

Yes. The filing references 40,426 common shares tied to restricted stock dated 03/06/2025. The entry labels these as restricted stock and cites the issuer as the source of grant.

Who acted as broker for the reported CERS transactions?

The filing lists Morgan Stanley Smith Barney LLC at 1 New York Plaza, with a reference date of 03/09/2026. That broker-dealer is named in the securities-to-be-sold/broker section of the submission.

Are proceeds from the reported CERS sales disclosed?

Yes. Reported proceeds are $126,299.19 for the 61,233-share sale on 03/05/2026 and $48,603.19 for the 24,235-share sale on 03/06/2026, as shown in the filing.