BLLN Company (NASDAQ: BLLN) files Form 144 to sell 20,000 Class A shares
Filing Impact
Filing Sentiment
Form Type
144
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.
Key Figures
Shares to be sold: 20,000 shares
Proposed aggregate value: $250,497.77
Prior sale by David Tsao: 20,000 shares
+3 more
6 metrics
Shares to be sold
20,000 shares
Planned sale of Class A through Fidelity Brokerage Services LLC on 07/13/2026
Proposed aggregate value
$250,497.77
Planned NASDAQ sale of 20,000 Class A shares on 07/13/2026
Prior sale by David Tsao
20,000 shares
Class A shares sold on 06/15/2026
Proceeds to David Tsao
$2,045,326.00
Consideration for 20,000 Class A shares sold on 06/15/2026
Prior sale by Dt 2021 Irrevocable Trust
3,500 shares
Class A shares sold on 06/15/2026
Proceeds to Dt 2021 Irrevocable Trust
$355,145.00
Consideration for 3,500 Class A shares sold on 06/15/2026
Key Terms
Form 144, Stock Option Exercise, Irrevocable Trust
3 terms
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.
Stock Option Exercise financial
"Class A | 07/13/2026 | 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.
Irrevocable Trust financial
"Dt 2021 Irrevocable Trust 1035 OBrien 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.