CBRS Cerebras Systems Inc. Insider Trading

COO Dhiraj Mallick sells entire 33,314-share stake (33.3K shares) for $5,936,180.27 across 28 transactions on 2026-06-25 and 2026-06-26.

Dhiraj Mallick, Chief Operating Officer, executed a complete liquidation of his CBRS position across 28 separate sales totaling 33,314 shares for $5,936,180.27 with a blended average price of $178.19. The sales occurred over two consecutive trading days (2026-06-25 and 2026-06-26), with the stock currently trading at $216.16, showing -8.8% change over 30 days and -44.0% below its 52-week high of $386.34. The company's latest quarterly results show revenue of $193,406,000.00 against net income of $-14,006,000.00, indicating ongoing losses. A complete exit by a sitting COO during a loss-making period warrants close attention to the company's near-term operational outlook and management's confidence in near-term recovery prospects.

COO Dhiraj Mallick sold 36,131 shares for $6,116,196.58 across 29 transactions; stock down 8.8% in 30 days and 44.0% from 52-week high.

Dhiraj Mallick, Chief Operating Officer, executed 29 separate sales totaling 36,131 shares for $6,116,196.58 at prices ranging from $162.24 to $185.21 on 2026-06-25, reducing his non-derivative holdings by 52.0% to 33,314 shares. The company reported net income of $-14,006,000.00 in the latest quarter, signaling operational losses. The stock is trading at $216.16, down 8.8% over 30 days and 44.0% from its 52-week high of $386.34, indicating a significant valuation compression over the measured period. The substantial scale of this divestiture—36,131 shares across multiple price points in a single day—merits monitoring given the company's negative earnings trajectory and the insider's continued derivative holdings of 689,696 shares in Class B Common Stock, which represent his real economic exposure to the company's performance.

CAO Yagnesh Patel sold 6,079 shares for $1,042,704.07 on 2026-06-25 via registered direct offering; retains 4,000 non-derivative shares plus 120,838 derivative holdings.

Yagnesh Patel, Chief Accounting Officer, completed 29 separate sales totaling 6,079 shares for $1,042,704.07 on 2026-06-25 as part of a registered direct offering structure, reducing his non-derivative holdings by 60.3% from 10,079 shares to 4,000 shares. This is a scheduled allocation event, not a discretionary open-market transaction, and therefore does not reflect independent conviction-based trading decisions. Patel's overall economic position remains substantial: he retains 4,000 non-derivative shares and 120,838 shares of Class B Common Stock in derivative form. The blended average sale price of $171.53 reflects prices significantly below the current trading level of $216.16 and well within the 52-week range of $160.81–$386.34.

Cerebras CEO Andrew Feldman sells 17,990 non-derivative shares for $3.1M blended at $173.06 on 2026-06-25

Andrew D. Feldman, CEO and President of Cerebras Systems Inc. (CBRS), executed 12 separate sales on 2026-06-25, totaling 17,990 shares for $3,113,282.92 at a blended average price of $173.06. This disposal of his non-derivative holdings occurs against a backdrop of elevated stock valuation—the current price of $216.16 is -44.0% from the 52-week high of $386.34, and shares have declined -8.8% over the past 30 days. Critically, the flag indicates this transaction represents a scheduled vest-and-sell event rather than a discretionary open-market trade, so the timing should not be interpreted as a signal of insider conviction or concern. Feldman retains 14,038,631 Class B Common Stock shares (derivative holdings), meaning his overall economic interest in Cerebras remains substantial; the sale addresses only a specific non-derivative tranche. The company reported quarterly revenue of $193,406,000.00 but a net loss of $-14,006,000.00, providing modest context on operational profitability constraints.

CTO Sean Lie sells 10,033 shares at blended $170.07 for $1.7M on 2026-06-25; retains 8,199,698 derivative holdings.

Sean Lie, Chief Technology Officer, executed 16 separate sales totaling 10,033 shares for $1,706,311.13 at a blended average price of $170.07 on 2026-06-25. The current stock price of $216.16 sits -44.0% from the 52-week high of $386.34, while the company reports the latest quarter revenue of $193,406,000.00 against a net loss of $-14,006,000.00. Although non-derivative holdings reach 0 shares post-transaction, the insider retains 8,199,698 shares in Class B Common Stock (derivative holdings), so this represents a scheduled vest-and-sell of a specific batch rather than a complete position exit. The multi-tranche sale structure and retention of substantial derivative position warrant monitoring of broader capital deployment patterns at the company.