STOCK TITAN

BLLN (BLLN) holder plans $325K sale of 3,500 Class A pre-IPO shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

BLLN has a notice of proposed sale of restricted securities. An affiliated holder plans to sell 3,500 Class A shares on or after August 10, 2026 through Fidelity Brokerage Services LLC on NASDAQ. The disclosure also lists prior Class A share sales by David Tsao and the Dt 2021 Irrevocable Trust in June and July 2026, including multiple transactions of 20,000 and 3,500 shares with multi-hundred-thousand-dollar proceeds.

Positive

  • None.

Negative

  • None.
Planned shares to be sold 3,500 shares Class A pre-IPO shares proposed for sale on or after August 10, 2026
Planned sale value $325,010.00 Aggregate value for 3,500 Class A shares in the new planned sale
Sale on June 15, 2026 (David Tsao) 20,000 shares; $2,045,326.00 Class A shares sold by David Tsao on June 15, 2026
Sale on June 15, 2026 (Trust) 3,500 shares; $355,145.00 Class A shares sold by Dt 2021 Irrevocable Trust
Sale on July 13, 2026 (David Tsao) 20,000 shares; $2,497,697.77 Class A shares sold by David Tsao on July 13, 2026
Sale on July 13, 2026 (Trust) 3,500 shares; $439,110.00 Class A shares sold by Dt 2021 Irrevocable Trust
pre-IPO Shares financial
"Class A | 08/10/2026 | Pre-IPO Shares | Issuer"
Form 144 regulatory
"144: Securities To Be Sold"
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.
irrevocable trust financial
"Dt 2021 Irrevocable Trust 1035 O'Brien Drive Menlo Park CA 94025"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Fidelity Brokerage Services LLC financial
"Class A | Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"

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
Learn about SEC filing dates

FAQ

What stock sale is being planned for BLLN under this Form 144?

An affiliated holder of BLLN plans to sell 3,500 Class A shares on or after August 10, 2026. The planned sale is to be executed through Fidelity Brokerage Services LLC on NASDAQ.

What is the estimated value of the new BLLN Class A shares to be sold?

The proposed sale covers 3,500 Class A shares with an aggregate value of $325,010.00. This reflects the filer’s estimate for the upcoming transaction disclosed in the notice.

Which broker is handling the planned BLLN share sale?

The planned sale of 3,500 BLLN Class A shares will be handled by Fidelity Brokerage Services LLC. The broker’s address is listed as 900 Salem Street, Smithfield, RI 02917, and trades are indicated for NASDAQ.

What recent BLLN share sales has David Tsao reported?

David Tsao reported selling 20,000 Class A shares on June 15, 2026 for $2,045,326.00, and another 20,000 shares on July 13, 2026 for $2,497,697.77. Both dates also show related trust sales.

What BLLN sales were made by the Dt 2021 Irrevocable Trust?

The Dt 2021 Irrevocable Trust sold 3,500 Class A shares on June 15, 2026 for $355,145.00, and another 3,500 shares on July 13, 2026 for $439,110.00, according to the disclosure of past three-month sales.

Are the BLLN shares in this Form 144 described as pre-IPO shares?

Yes. The filing describes the 3,500 Class A shares to be sold on or after August 10, 2026 as Pre-IPO Shares being sold for cash by the issuer-affiliated holder.

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