BillionToOne holder David Tsao plans sale of 20K shares
A shareholder associated with BillionToOne, Inc. filed a Rule 144 notice to sell 20,000 Class A shares following a stock option exercise, with additional recent sales disclosed.
Rhea-AI Filing Summary
BillionToOne, Inc. (BLLN) has a notice of proposed sale under Rule 144 for 20,000 shares of Class A common stock for the account of David Tsao, to be sold through Fidelity Brokerage Services LLC, in connection with a stock option exercise dated September 9, 2026.
The notice also lists multiple prior Class A share sales over the preceding three months by David Tsao and the Dt 2021 Irrevocable Trust, with David Tsao identified as an account stakeholder in the trust.
Positive
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Negative
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Key Figures
Shares to be sold: 20,000 shares
Recent sale June 15, 2026 (Tsao): 20,000 shares
Recent sale June 15, 2026 value (Tsao): $2,045,326.00
+3 more
6 metrics
Shares to be sold
20,000 shares
Class A common stock proposed for sale for the account of David Tsao on September 9, 2026
Recent sale June 15, 2026 (Tsao)
20,000 shares
Class A shares listed as sold for David Tsao on June 15, 2026
Recent sale June 15, 2026 value (Tsao)
$2,045,326.00
Dollar amount listed alongside 20,000 Class A shares for June 15, 2026 sale by David Tsao
Recent sale July 13, 2026 (Tsao)
20,000 shares
Class A shares listed as sold for David Tsao on July 13, 2026
Recent sale August 10, 2026 (Tsao)
10,000 shares
Class A shares listed as sold for David Tsao on August 10, 2026
Recent sales by Dt 2021 Irrevocable Trust
3,500 shares on each of three dates
Class A sales on June 15, July 13, and August 10, 2026
Key Terms
Rule 144, stock option exercise, Irrevocable Trust, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
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
"Class A | 09/09/2026 | 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.
attorney-in-fact regulatory
"as attorney-in-fact for David Tsao."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does BillionToOne, Inc. (BLLN) disclose in this Rule 144 notice?
The notice reports that 20,000 Class A shares of BillionToOne, Inc. are proposed to be sold for the account of David Tsao on September 9, 2026, in connection with a stock option exercise, with Fidelity Brokerage Services LLC listed as the broker.
What relationship does David Tsao have to the Dt 2021 Irrevocable Trust in this BLLN filing?
The remarks state that sales within the past 3 months occurred in the account of the Dt 2021 Irrevocable Trust by Icontrust LLC as trustee, and that David Tsao is an account stakeholder in the Dt 2021 Irrevocable Trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.