BLLN holder plans sale of 20,000 Class A shares
Rhea-AI Filing Summary
BLLN has a Form 144 notice for the planned sale of up to 20,000 Class A shares through Fidelity Brokerage Services LLC, tied to a stock option exercise, with a proposed aggregate value of $250,497.77 and an intended sale date of July 13, 2026 on NASDAQ. The filing also lists sales in the prior three months, including 20,000 Class A shares by David Tsao for $2,045,326.00 and 3,500 Class A shares by the Dt 2021 Irrevocable Trust for $355,145.00 on June 15, 2026.
Positive
- None.
Negative
- None.
Filing Explained
The July 13 filing lists 20,000 Class A shares for sale; it does not establish that sale or the option exercise occurred.
The July 13 Form 144 lists
It identifies the transaction as a “Stock Option Exercise” with the issuer and cash as the consideration, but does not state that the option exercise or sale has been completed.
The disclosed consequence is limited to a planned sale transaction; the filing does not establish proceeds received or a completed change in common shares outstanding.
The filing also records June 15 sales of
Those June 15 entries are reported as past-three-month sales, separate from the
The relevant milestone is completion of the July 13 sale and option exercise; neither is reported in this filing.
Key Figures
Key Terms
Form 144 regulatory
Stock Option Exercise financial
Irrevocable Trust financial
FAQ
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