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Form 3 Cerebras Systems Inc. For: May 13 Filed by: Benchmark Capital Management Co. VIII, L.L.C.

May 13, 2026 8:08 PM
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Benchmark Capital Management Co. VIII, L.L.C.

(Last) (First) (Middle)
2965 WOODSIDE ROAD

(Street)
WOODSIDE CA 94062

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/13/2026
3. Issuer Name and Ticker or Trading Symbol
Cerebras Systems Inc. [ CBRS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Preferred Stock (1) (1) Class B Common Stock 12,588,235 (1) I See Footnote (2)
Series B Preferred Stock (1) (1) Class B Common Stock 1,425,394 (1) I See Footnote (2)
Series C Preferred Stock (1) (1) Class B Common Stock 335,293 (1) I See Footnote (2)
Series D Preferred Stock (1) (1) Class B Common Stock 30,968 (1) I See Footnote (2)
Series E Preferred Stock (1) (1) Class B Common Stock 5,457 (1) I See Footnote (2)
Series G Preferred Stock (1) (1) Class B Common Stock 689,990 (1) I See Footnote (3)
Explanation of Responses:
1. Each share of Series A, Series B, Series C, Series D, Series E and Series G Preferred Stock will automatically convert into one share of Class B Common Stock upon completion of the Issuer's initial public offering pursuant to its terms and has no expiration date.
2. The shares are held by Benchmark Capital Partners VIII, L.P. ("BCP VIII"), as nominee for itself, Benchmark Founders' Fund VIII, L.P. ("BFF VIII") and Benchmark Founders' Fund VIII-B, L.P. ("BFF VIII-B"). Benchmark Capital Management Co. VIII, L.L.C. ("BCMC VIII"), the general partner of each of BCP VIII, BFF VIII and BFF VIII-B, may be deemed to have sole voting and investment power over such shares. Each entity disclaims the existence of a "group" and disclaims beneficial ownership of the securities, except to the extent of such entity's pecuniary interest in such securities.
3. The shares are held by Benchmark Capital Partners IX, L.P. ("BCP IX"), as nominee for itself, Benchmark Founders' Fund IX, L.P. ("BFF IX"), Benchmark Founders' Fund IX-A, L.P. ("BFF IX-A"), and Benchmark Founders' Fund IX-B, L.P. ("BFF IX-B"). Benchmark Capital Management Co. IX, L.L.C. ("BCMC IX"), the general partner of each of BCP IX, BFF IX, BFF IX-A and BFF IX-B, may be deemed to have sole voting and investment power over such shares. Each such entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities, except to the extent such entity's pecuniary interest in such securities.
Remarks:
This report is one of two reports, each on a separate Form 3, but relating to the same holdings being filed by entities affiliated with Benchmark.
/s/ An-Yen Hu by power of attorney for Benchmark Capital Management Co. VIII, L.L.C. 05/13/2026
** Signature of Reporting Person Date
/s/ An-Yen Hu by power of attorney for Benchmark Capital Management Co. VIII, L.L.C., the General Partner of Benchmark Capital Partners VIII, L.P. 05/13/2026
** Signature of Reporting Person Date
/s/ An-Yen Hu by power of attorney for Benchmark Capital Management Co. VIII, L.L.C., the General Partner of Benchmark Founders' Fund VIII, L.P. 05/13/2026
** Signature of Reporting Person Date
/s/ An-Yen Hu by power of attorney for Benchmark Capital Management Co. VIII, L.L.C., the General Partner of Benchmark Founders' Fund VIII-B, L.P. 05/13/2026
** Signature of Reporting Person Date
/s/ An-Yen Hu, Managing Member of Benchmark Capital Management Co. IX, L.L.C. 05/13/2026
** Signature of Reporting Person Date
/s/ An-Yen Hu, Managing Member of Benchmark Capital Management Co. IX, L.L.C., the General Partner of Benchmark Capital Partners IX, L.P. 05/13/2026
** Signature of Reporting Person Date
/s/ An-Yen Hu, Managing Member of Benchmark Capital Management Co. IX, L.L.C., the General Partner of Benchmark Founders' Fund IX, L.P. 05/13/2026
** Signature of Reporting Person Date
/s/ An-Yen Hu, Managing Member of Benchmark Capital Management Co. IX, L.L.C., the General Partner of Benchmark Founders' Fund IX-A, L.P. 05/13/2026
** Signature of Reporting Person Date
/s/ An-Yen Hu, Managing Member of Benchmark Capital Management Co. IX, L.L.C., the General Partner of Benchmark Founders' Fund IX-B, L.P. 05/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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