Mallick Dhiraj, chief operating officer of CBRS, has filed 98 Form 4 transactions, all in a single company. His record shows a consistent sell-side bias. Across all filings, he has reported $102,975,463.91 in sales and zero dollars in open-market purchases. The most recent activity, a cluster of 23 trades on September 29, 2026, is entirely composed of sales, with the largest single transaction valued at $13,415,655.30. Smaller sales that day ranged from $127,332.14 to $9,762,205.29. The pattern is uniform: no buy orders, no acquisitions, and no grants appear in the recent window.
The September 29 filings also include two non-cash entries: an option exercise (code M) and a conversion of a derivative security (code C), both valued at zero. Those are mechanical events, not discretionary trades. The prior filing date, August 18, 2026, shows four additional sales, the largest at $340,094.17. Across the entire history, Dhiraj has never reported a purchase, a grant, or a sale back to the issuer. His activity is concentrated in open-market sales, which account for the full dollar volume. The data shows a clear directional pattern: he has been a consistent seller of CBRS stock, with the pace and size of sales increasing sharply in the most recent reporting period.
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