Ceribell CEO Xingjuan Chao's Stock Option Exercise and Share Sales

Ceribell, Inc. (CBLL) President and CEO Xingjuan Chao filed a Form 4 disclosing significant stock transactions on June 8, 2026. Chao exercised stock options for 25,000 shares at $4.70 per share and immediately sold 39,000 shares at a weighted average price of $18.33 per share. The transactions were executed under a Rule 10b5-1 trading plan, indicating pre-planned sales. Following these transactions, Chao directly holds 816,317 shares and indirectly holds 369,088 shares through the ACP 2021 Trust. The CEO also holds 101,477 stock options following the exercise and sale of vested options. The filing shows the CEO monetizing stock options at a substantial profit, with the sale price representing nearly a 4x premium over the exercise price. These transactions represent significant insider trading activity by the company's top executive.