Green Kevin Dennis 4

What Happened

• Kevin D. Green, Chief Financial Officer of Cerus Corporation (CERS), disposed of 127,544 shares on 2026-03-12. The weighted average sale price was $1.66 per share for total proceeds of approximately $211,366. The sale was reported on a Form 4 filed 2026-03-16.
• This was a sale (S) and not a purchase—sales like this are often routine and, in this case, were carried out to satisfy tax withholding tied to the vesting of restricted stock units rather than as a discretionary trade.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (within the two-business-day reporting window).
• Shares sold: 127,544; weighted avg price: $1.66; total proceeds: $211,366.
• Price range: shares sold in multiple transactions at prices from $1.62 to $1.73 (footnote F2); reporting person can provide a breakdown on request.
• Footnote F1: Sale was pursuant to an instruction intended to comply with Rule 10b5-1 elected on the grant date to cover statutory tax withholding and brokerage fees related to RSU vesting — not a discretionary sale.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• Because the sale was executed under a 10b5-1/tax-withholding instruction for RSU vesting, it generally represents a routine administrative sale to cover taxes rather than an immediate signal of the CFO’s market view.
• No options were exercised and no gifts reported in this filing; the transaction is a straight disposition to satisfy withholding obligations.