Cerus (CERS) COO sells 16,667 shares in planned 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CERUS CORP Chief Operating Officer Vivek K. Jayaraman reported an open-market sale of company stock. On May 1, 2026, he sold 16,667 shares of Cerus common stock at $3.00 per share. After this transaction, he directly holds 1,673,374 common shares. The filing notes the sale was executed pursuant to a Rule 10b5-1 trading plan, indicating it was carried out under a pre-arranged instruction rather than as a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 16,667 shares ($50,001)
Net Sell
1 txn
Insider
Jayaraman Vivek K
Role
Chief Operating Officer
Sold
16,667 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,667 | $3.00 | $50K |
Holdings After Transaction:
Common Stock — 1,673,374 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 16,667 shares
Sale price: $3.00 per share
Shares held after sale: 1,673,374 shares
+1 more
4 metrics
Shares sold
16,667 shares
Open-market sale of Cerus common stock on May 1, 2026
Sale price
$3.00 per share
Price for the 16,667 common shares sold
Shares held after sale
1,673,374 shares
Direct common stock holdings following the transaction
Transaction code
S
Form 4 code indicating a sale in open market or private transaction
Key Terms
Rule 10b5-1 plan, open-market sale, Form 4
3 terms
Rule 10b5-1 plan regulatory
"This transaction was executed pursuant to a 10b5-1 plan."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open-market sale financial
"transaction_action: open-market sale of common stock at $3.00 per share"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The transaction was reported on a Form 4 insider filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Cerus (CERS) disclose for COO Vivek K. Jayaraman?
Cerus disclosed that COO Vivek K. Jayaraman sold 16,667 shares of common stock in an open-market transaction at $3.00 per share. The sale was reported on a Form 4 insider filing and classified as a non-derivative transaction in common stock.
Was the Cerus (CERS) COO’s stock sale made under a Rule 10b5-1 plan?
Yes, the Form 4 footnote states the transaction was executed pursuant to a Rule 10b5-1 plan. Such plans are pre-arranged trading programs that allow insiders to sell shares according to predetermined instructions, reducing the role of discretionary timing.
What type of security did the Cerus (CERS) insider sell in this Form 4 filing?
The insider sold Cerus common stock, classified as a non-derivative security in the Form 4. The filing reports an open-market sale of 16,667 common shares at $3.00 per share, with no associated options or other derivative instruments listed.