Cerus Corp (CERS) Chief Medical Officer logs stock grant and sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cerus Corp Chief Medical Officer Benjamin Richard reported multiple stock transactions in early March 2026. He received a grant or award of 55,220 shares of common stock on March 5, 2026, at no stated purchase price. Around the same time, he completed open-market sales totaling 125,894 shares at weighted average prices between about $1.88 and $2.06 per share, including block and multiple-price trades. A portion of the shares sold was under a pre-set Rule 10b5-1 instruction to cover tax withholding and related fees on vesting restricted stock units, described as non-discretionary. After these transactions, he directly owned 879,101 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 125,894 shares ($250,938)
Net Sell
4 txns
Insider
Benjamin Richard J
Role
Chief Medical Officer
Sold
125,894 shs ($251K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 40,426 | $1.8807 | $76K |
| Sale | Common Stock | 24,235 | $2.0055 | $49K |
| Grant/Award | Common Stock | 55,220 | $0.00 | -- |
| Sale | Common Stock | 61,233 | $2.0627 | $126K |
Holdings After Transaction:
Common Stock — 879,101 shares (Direct)
Footnotes (1)
- Represents shares sold pursuant to an instruction intended to comply with the requirement of Rule 10b5-1 that was elected by the Reporting Person on the date of grant to cover statutory tax withholding obligations and corresponding brokerage fees in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the reporting person. Represents a weighted average sales price. These shares were sold in a block trade per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold pursuant to such block trade. Represents a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $1.855 to $1.91 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth. Represents a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $2.02 to $2.17 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth.