What happened: Sermon joined Atlanta on Aug. 10 before Wednesday's roster move. He entered the NFL as a third-round pick in 2021.
Why it matters: The transaction removes a recent addition from Atlanta's active roster during preseason evaluations. Sermon previously spent part of his rookie season on injured reserve with an ankle injury.
By the numbers: Sermon has played 42 NFL games, making five starts and rushing for 505 yards on 134 carries.
What to watch: Atlanta's upcoming transactions will show whether the club adds another running back.