Cerebras Systems Inc. 4

Foundation Capital Management Co. VIII, L.L.C. and affiliated funds internally converted Class B to Class A Common Stock and made pro rata in-kind distributions of Cerebras Systems Inc. Class A shares on August 21, 2026, with no cash purchases or sales.

On August 21, 2026, Foundation Capital-related entities reported a series of non-cash internal reclassifications and conversions involving Cerebras Systems Inc. equity, rather than open-market trades. All reported movements reflect (i) the conversion of Class B Common Stock into Class A Common Stock on a one-for-one basis for no additional consideration and (ii) pro rata, in-kind distributions of Class A shares from venture funds (Foundation Capital VIII, L.P., Foundation Capital VIII Principals Fund, L.L.C., and Foundation Capital Leadership Fund II, L.P.) to their respective general partners and members (including Foundation Capital Management Co. VIII, L.L.C. and Foundation Capital Management Co. LF II, L.L.C.), again for no cash consideration. As a result, Foundation Capital Management Co. VIII, L.L.C., which reports as an indirect beneficial owner, continues to hold substantial indirect Class A Common Stock positions in Cerebras through these funds, but the Form 4 does not indicate any purchase or sale for value in the public market, and no transaction prices or dollar amounts are provided.

Filing Facts

CIK

2021728

Ticker

CBRS

Form

4

Source Type

sec

Accession

0001231919-26-001100

Alert Tier

6