Cerus (NASDAQ: CERS) CLO reports Rule 10b5-1 tax sale and 55,000-share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CERUS CORP Chief Legal Officer Chrystal Jensen reported two common stock transactions. On June 30, 2026, Jensen sold 24,329 shares of common stock at a weighted average price of $2.9429 per share. According to the disclosure, these shares were sold under an instruction intended to comply with Rule 10b5-1 to cover statutory tax withholding obligations and related brokerage fees tied to vesting restricted stock units, and did not represent a discretionary sale.
On the same date, Jensen also acquired 55,000 shares of common stock as a grant or award at no cost. Following these transactions, Jensen directly held 990,986 shares of CERUS CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 24,329 shares ($71,598)
Net Sell
2 txns
Insider
Jensen Chrystal
Role
Chief Legal Officer
Sold
24,329 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 55,000 | $0.00 | -- |
| Sale | Common Stock | 24,329 | $2.9429 | $72K |
Holdings After Transaction:
Common Stock — 990,986 shares (Direct, null)
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 multiple transactions at prices ranging from $2.84 to $3.03 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.
Key Figures
Shares sold: 24,329 shares
Weighted average sale price: $2.9429 per share
Sale price range: $2.84–$3.03 per share
+2 more
5 metrics
Shares sold
24,329 shares
Common stock sold on June 30, 2026
Weighted average sale price
$2.9429 per share
Common stock sale on June 30, 2026
Sale price range
$2.84–$3.03 per share
Multiple sale transactions on June 30, 2026
Shares granted
55,000 shares
Common stock grant on June 30, 2026
Post-transaction holdings
990,986 shares
Direct ownership after June 30, 2026 transactions
Key Terms
Rule 10b5-1, restricted stock units, statutory tax withholding obligations, weighted average sales price
4 terms
Rule 10b5-1 regulatory
"Represents shares sold pursuant to an instruction intended to comply with the requirement of Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
restricted stock units financial
"in connection with the vesting of certain restricted stock units and does not represent a discretionary sale"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
statutory tax withholding obligations financial
"to cover statutory tax withholding obligations and corresponding brokerage fees in connection with the vesting"
weighted average sales price financial
"Represents a weighted average sales price. These shares were sold in multiple transactions"