STOCK TITAN

BillionToOne officer Tsao proposes $2.27M share sale

The proposed sale is linked to a cash stock-option exercise from the issuer on the same date.

Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

A Rule 144 notice for BillionToOne, Inc. (BLLN) lists a proposed sale by David Tsao, an officer and director, of 20,000 Class A shares, with an aggregate market value of $2,266,400. The proposed sale date is November 2, 2026; Fidelity Brokerage Services is listed as broker and NASDAQ as the exchange. The notice says the shares were acquired from the issuer through a cash stock-option exercise on November 2, 2026. It also lists prior three-month sales by Tsao and the DT 2021 Irrevocable Trust.

Proposed Class A shares for sale 20,000 shares Proposed sale dated November 2, 2026
Aggregate market value $2,266,400 Proposed sale
Shares outstanding 42,644,388 shares Share-count field in the notice
David Tsao sale 20,000 shares October 5, 2026; aggregate market value $2,162,950
Rule 144 regulatory
"Rule 144 notice"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Stock Option Exercise financial
"Stock Option Exercise"
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.
aggregate market value financial
"aggregate market value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BLLN shares is David Tsao proposing to sell?

The notice lists a proposed sale of 20,000 Class A shares with an aggregate market value of $2,266,400, scheduled for November 2, 2026. Fidelity Brokerage Services is listed as the broker, and NASDAQ as the exchange.

What recent sales did David Tsao and the DT 2021 Irrevocable Trust report?

David Tsao's listed sales were 10,000 shares on August 10, 10,000 on August 25, 20,000 on September 9, 3,333 on September 24, and 20,000 on October 5, 2026. The DT 2021 Irrevocable Trust's listed sales were 3,500 shares on August 10, 1,750 on September 9, and 1,750 on October 5. Icontrust LLC was trustee for the trust account, and Tsao was an account stakeholder.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Keep reading