BillionToOne CTO sells 20,000 shares
BillionToOne’s chief technology officer exercised options and sold 20,000 shares under a Rule 10b5-1 plan.
Rhea-AI Filing Summary
BillionToOne, Inc. (BLLN) reported that Chief Technology Officer David Tsao exercised options to acquire 20,000 shares of Class A Common Stock at an exercise price of $2.80 per share on September 9, 2026, and sold 20,000 shares the same day in two transactions at $97.54 and $100.00 per share. These transactions were carried out under a Rule 10b5-1 trading plan adopted on June 5, 2026, and the options exercised were fully vested and exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 20,000 shares ($1.92M approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Tsao David
Role
Chief Technology Officer
Sold
20,000 shs ($1.98M)
Approx. gross sale proceeds
$1.98M
Approx. exercise cost
$56K
Approx. pre-tax spread
$1.92M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F2 | 10,000 | $2.80 | $28K |
| Exercise | Stock Option (right to buy) F2 | 10,000 | $2.80 | $28K |
| Exercise | Class A Common Stock F1 | 10,000 | $2.80 | $28K |
| Exercise | Class A Common Stock F1 | 10,000 | $2.80 | $28K |
| Sale | Class A Common Stock F1 | 10,000 | $97.54 | $975K |
| Sale | Class A Common Stock F1 | 10,000 | $100.00 | $1.00M |
Holdings After Transaction:
Stock Option (right to buy) — 560,000 contracts (Direct);
Class A Common Stock — 1,000 shares (Direct)
Footnotes (2)
- F1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2026.
- F2. The options are fully vested and exercisable.
Key Figures
Shares acquired via option exercise: 20,000 shares
Option exercise price: $2.80 per share
Shares sold: 20,000 shares
+3 more
6 metrics
Shares acquired via option exercise
20,000 shares
Class A Common Stock acquired by exercising stock options on September 9, 2026
Option exercise price
$2.80 per share
Exercise price for 20,000 options exercised on September 9, 2026
Shares sold
20,000 shares
Class A Common Stock sold on September 9, 2026
Sale prices
$97.54 and $100.00 per share
Prices for two 10,000-share sales of Class A Common Stock
Rule 10b5-1 plan adoption date
June 5, 2026
Date David Tsao adopted the trading plan governing these transactions
Option expiration date
June 7, 2031
Expiration date of the options that were exercised
Key Terms
Rule 10b5-1 trading plan, fully vested and exercisable, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
fully vested and exercisable financial
"The options are fully vested and exercisable."
Class A Common Stock financial
"underlying security title Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BLLN’s CTO report on September 9, 2026?
David Tsao exercised options for 20,000 shares of Class A Common Stock at $2.80 per share and sold 20,000 shares the same day in two trades at $97.54 and $100.00 per share.
Were the BLLN insider trades by the CTO made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by David Tsao on June 5, 2026.
What stock option terms applied to the BLLN options exercised by the CTO?
David Tsao exercised stock options covering 20,000 shares of Class A Common Stock at an exercise price of $2.80 per share, with the options described as fully vested and exercisable and expiring on June 7, 2031.
Does the Form 4 disclose remaining BLLN holdings for the CTO after these transactions?
No specific post-transaction share holdings are stated in the reported data; only the option exercises and the 20,000 shares sold on September 9, 2026 are described.
AI-generated analysis. How Rhea-AI works. Not financial advice.