Cerebras director Steven Vassallo disposes of 50,000 shares for $10.91 million - CBRS News | RalliesCerebras director Steven Vassallo disposes of 50,000 shares for $10.91 million
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CBRS• Director ownership changes reported
- Steven Vassallo, director, reported changes in beneficial ownership in Cerebras Systems.
- Foundation Capital VIII, L.P. distributed 1,738,913 Class A shares in kind on Aug. 14, leaving it with zero.
- Vassallo’s revocable trust received 99,599 Class A shares on Aug. 14.
- The trust sold 49,599 Class A shares on Aug. 14 at weighted-average prices of $216.38 to $219.97.
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