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.