BLLN shareholder David Tsao plans sale of 10,000 Class A shares (BLLN)
Rhea-AI Filing Summary
A shareholder of BLLN, identified as David Tsao, has filed a notice of intent to sell 10,000 Class A shares through Fidelity Brokerage Services on NASDAQ, with an indicated value of $928,600.00 as of August 10, 2026.
The filing also reports prior sales of 20,000 Class A shares for $2,045,326.00 on June 15, 2026 and another 20,000 shares for $2,497,698.00 on July 13, 2026. The upcoming sale is associated with a stock option exercise to be settled in cash.
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Key Figures
Planned shares to be sold: 10,000 shares
Planned sale value: $928,600.00
Shares sold 06/15/2026: 20,000 shares
+3 more
6 metrics
Planned shares to be sold
10,000 shares
Class A shares indicated for sale as of 08/10/2026
Planned sale value
$928,600.00
Indicated value for 10,000 Class A shares as of 08/10/2026
Shares sold 06/15/2026
20,000 shares
Class A shares sold on 06/15/2026
Value sold 06/15/2026
$2,045,326.00
Proceeds from 20,000 Class A shares on 06/15/2026
Shares sold 07/13/2026
20,000 shares
Class A shares sold on 07/13/2026
Value sold 07/13/2026
$2,497,698.00
Proceeds from 20,000 Class A shares on 07/13/2026
Key Terms
Form 144, Stock Option Exercise, Fidelity Brokerage Services LLC
3 terms
Form 144 regulatory
"Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option Exercise financial
"Class A | 08/10/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Fidelity Brokerage Services LLC financial
"Class A | Fidelity Brokerage Services LLC 900 Salem Street"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who is the selling security holder in the BLLN Form 144 notice?
The selling security holder is David Tsao, associated with an address at 1035 OBrien Drive, Menlo Park, CA 94025. He has reported both planned and recent sales of BLLN Class A shares under this notice.