CERS shareholder (NASDAQ: CERS) details planned stock sales in 2026

Rhea-AI Filing Summary

Vivek K. Jayaraman has given notice of intention to sell up to 16,666 shares of CERS common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ, with an aggregate market value of $52,664.56, on 07/16/2026.

The shares relate to restricted stock acquired from the issuer on 03/12/2021. During the past three months, Jayaraman sold 42,359 shares for $124,658.30 on 07/01/2026 and two blocks of 16,667 shares for $50,001.00 each on 05/29/2026 and 05/01/2026.

Key Figures

Shares proposed for sale: 16,666 shares Proposed sale value: $52,664.56 Past sale on 07/01/2026: 42,359 shares +3 more

6 metrics

Shares proposed for sale 16,666 shares Common stock to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services

Proposed sale value $52,664.56 Aggregate market value for 16,666 CERS common shares on NASDAQ

Past sale on 07/01/2026 42,359 shares Common stock sold for $124,658.30 during the past three months

Proceeds on 07/01/2026 sale $124,658.30 Consideration for 42,359 CERS common shares sold

Past sale on 05/29/2026 16,667 shares Common stock sold for $50,001.00 during the past three months

Past sale on 05/01/2026 16,667 shares Common stock sold for $50,001.00 during the past three months

Key Terms

Form 144, restricted stock, Securities To Be Sold

3 terms

Form 144 regulatory

"Form 144 notice of proposed sale of restricted or control securities"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

restricted stock financial

"Common | 03/12/2021 | Restricted Stock | ISSUER | | | 16666"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Securities To Be Sold regulatory

"144: Securities To Be Sold Common | Morgan Stanley Smith Barney LLC"

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

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Available on EDGAR 07/16/2026 - 04:15 PM Accepted by SEC EDGAR 07/16/2026 - 04:15 PM Learn about SEC filing dates

FAQ

What does the CERS Form 144 by Vivek K. Jayaraman disclose?

It discloses an intention to sell 16,666 shares of CERS common stock valued at $52,664.56 on NASDAQ. The notice also lists prior sales of CERS shares during the past three months, including a 42,359-share sale.

How many CERS shares are proposed for sale under this Form 144?

The notice covers a proposed sale of 16,666 shares of CERS common stock. These shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ, with an aggregate market value of $52,664.56 as stated.

What past 3‑month CERS share sales are listed in this Form 144?

The Form 144 lists three sales: 42,359 shares for $124,658.30 on 07/01/2026, and two separate sales of 16,667 shares each for $50,001.00 on 05/29/2026 and 05/01/2026, all in CERS common stock.

When were the CERS restricted shares underlying this Form 144 acquired?

The common shares to be sold are tied to restricted stock acquired from the issuer on 03/12/2021. This acquisition date is disclosed alongside the description of the securities and their restricted status in the Form 144 details.

On which market are the CERS shares in this Form 144 expected to trade?

The shares referenced in the Form 144 are listed as trading on NASDAQ. The proposed sale of 16,666 CERS common shares for $52,664.56 is associated with NASDAQ in the securities information section of the notice.

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	16666	52664.56	200368974	07/16/2026	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	03/12/2021	Restricted Stock	ISSUER			16666	03/12/2021	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
Jayaraman Vivek K 1220 Concord Avenue Suite 600 CONCORD CA 94520	Common	07/01/2026	42359	124658.30
VIVEK K JAYARAMAN 1220 Concord Avenue Suite 600 CONCORD CA 94520	Common	05/29/2026	16667	50001.00
VIVEK K JAYARAMAN 1220 Concord Avenue Suite 600 CONCORD CA 94520	Common	05/01/2026	16667	50001.00

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)