Eric Vishria, a director at Cerebras Systems Inc., filed a Form 4 on August 19, 2026, disclosing multiple sales of Class A Common Stock and a pro-rata in-kind distribution of shares, all occurring on August 17, 2026.

Key Highlights

  • Reporting person: Eric Vishria, listed as a Director of Cerebras Systems Inc. (NASDAQ:CBRS), filed this statement of changes in beneficial ownership.
  • Six sale transactions: Vishria disposed of shares in six separate tranches on August 17, 2026, covering a total of 68,268 shares sold by The Vishria Revocable Trust under a Rule 10b5-1 plan adopted May 18, 2026.
  • Price ranges: Weighted-average sale prices per tranche ranged from $224.1976 to $250.302, with actual per-share prices varying within disclosed ranges for each tranche.
  • In-kind distribution: A separate transaction (code J) reflects a pro-rata in-kind distribution of 110,950 shares at $0.00 from Benchmark Capital Partners VIII, L.P. and affiliated funds to their partners, acquired by Vishria's indirectly held entities.
  • Beneficial ownership following transactions: Vishria reported 142,333 shares indirectly beneficially owned following all reported transactions, held by entities he controls.
  • Rule 10b5-1 plan: According to the filing, all sales were executed pursuant to a trading plan adopted by the reporting person on May 18, 2026.

Eric Vishria's August 2026 Transactions in Cerebras Systems Class A Shares

According to the filing, Eric Vishria, a director at Cerebras Systems Inc., an artificial intelligence computing company traded on NASDAQ, reported six disposal transactions in Class A Common Stock on August 17, 2026. All sales were executed by The Vishria Revocable Trust pursuant to a Rule 10b5-1 trading plan the reporting person adopted on May 18, 2026. The six tranches covered 10,000 shares, 300 shares, 41,367 shares, 9,276 shares, 1,639 shares, and 5,686 shares, respectively, at weighted-average prices of $224.1976, $227.9667, $228.3424, $229.5593, $230.105, and $250.302 per share.

The filing notes that each weighted-average price reflects a series of individual transactions executed on August 17, 2026, with actual sale prices falling within disclosed ranges for each tranche. For example, the 10,000-share tranche saw prices ranging from a low of $224.00 to a high of $224.49, while the 5,686-share tranche at the highest weighted-average price saw prices ranging from $250.00 to $250.69. The reporting person undertook, according to the filing, to provide full per-price detail upon request by the SEC Staff, Cerebras Systems Inc., or any security holder.

Separately, the filing records a code J transaction on August 17, 2026, in which 110,950 shares were acquired at $0.00. The filing describes this as "a pro-rata, in-kind distribution by Benchmark Capital Partners VIII, L.P. and its affiliated funds, not for additional consideration, to its partners, including their respective members and assignees." All shares beneficially owned by Vishria are held indirectly through entities he controls. Following all reported transactions, the filing shows 142,333 shares indirectly beneficially owned by the reporting person.

What Was Disclosed

The filing discloses six sales of Class A Common Stock and one in-kind distribution of shares involving Eric Vishria, a director of Cerebras Systems Inc., all transacted on August 17, 2026, with the Form 4 filed on August 19, 2026.