Insider sale filings: CERS (NASDAQ: CERS) reports restricted stock dispositions

Rhea-AI Filing Summary

Company CERS reported proposed and recent sales of restricted common stock by an affiliate via a Form 144 notice. The filing lists restricted shares issuable on 03/12/2019 (7,355 shares) and 03/12/2021 (9,312 shares), and discloses recent dispositions of 165,200 shares on 03/13/2026 and 34,094 shares on 03/06/2026 with reported transaction values.

Insights

Corporate Governance Analyst

Insider dispositions of restricted common stock were reported via Form 144.

The filing lists restricted stock grant dates of 03/12/2019 (7,355 shares) and 03/12/2021 (9,312 shares) and two recent reported dispositions: 03/06/2026 (34,094 shares) and 03/13/2026 (165,200 shares). These entries document sales activity by an affiliate.

Timing and reported dollar amounts are shown in the filing; cash‑flow treatment and whether sales were block or open‑market are not specified in the excerpt. Subsequent SEC filings or broker reports may provide execution details.

Key Figures

Form type: Form 144 Disposition on 03/13/2026: 165,200 shares Reported value on 03/13/2026: $273,769.50 +4 more

7 metrics

Form type Form 144 Notice of proposed sale

Disposition on 03/13/2026 165,200 shares Reported sale date and share count

Reported value on 03/13/2026 $273,769.50 Dollar amount shown for the 165,200‑share row

Disposition on 03/06/2026 34,094 shares Reported sale date and share count

Reported value on 03/06/2026 $68,375.38 Dollar amount shown for the 34,094‑share row

Restricted stock (2019 grant) 7,355 shares Restricted stock issued <date>03/12/2019</date>

Restricted stock (2021 grant) 9,312 shares Restricted stock issued <date>03/12/2021</date>

Key Terms

Form 144, Restricted Stock, Issuer

3 terms

Form 144 regulatory

"Filed notice titled '144: Securities Sold During The Past 3 Months'"

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

"Listed under 'Securities To Be Sold' with grant dates"

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.

Issuer regulatory

"Restricted Stock | ISSUER | appears in the securities table"

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	16667	50001.00	200368974	05/01/2026	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	03/12/2019	Restricted Stock	ISSUER			7355	03/12/2019	Not Applicable
Common	03/12/2021	Restricted Stock	ISSUER			9312	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
VIVEK K JAYARAMAN 1220 Concord Avenue Suite 600 CONCORD CA 94520	Common	03/13/2026	165200	273769.50
VIVEK K JAYARAMAN 1220 Concord Avenue Suite 600 CONCORD CA 94520	Common	03/06/2026	34094	68375.38

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 the CERS Form 144 report disclose about recent insider sales?

The filing disclosed two recent dispositions: 165,200 shares on 03/13/2026 and 34,094 shares on 03/06/2026. It lists reported transaction values tied to those dates in the submission.

Which restricted stock grants are listed in the CERS Form 144?

The notice lists restricted stock grant dates of 03/12/2019 with 7,355 shares and 03/12/2021 with 9,312 shares. These are presented as securities to be sold by the reporting party.

Who is identified as the selling party in the CERS filing?

The filing names an affiliate at the address 1220 Concord Avenue, Suite 600, Concord, CA, and identifies transactions attributable to Vivek K Jayaraman in the submitted rows for the reported sales.

Does the Form 144 excerpt state how proceeds will be used?

The excerpt does not specify any use of proceeds. It lists share counts, grant dates, sale dates, and reported dollar figures but does not state the recipient of proceeds or use of funds.