BillionToOne (NASDAQ: BLLN) CPO sells 8,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
BillionToOne, Inc. Chief Product Officer Sakakibara Shan Riku reported a mix of stock sales and an option exercise in Class A Common Stock. The insider sold a total of 8,000 shares in open-market transactions at $110.00 per share.
On the same date, the insider also exercised stock options to acquire 4,000 shares of Class A Common Stock at an exercise price of $8.65 per share. The filing notes these transactions were carried out under a pre-arranged Rule 10b5-1 trading plan, indicating they were scheduled in advance rather than timed discretionarily.
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Insights
Pre-planned sales with a small option exercise look routine.
The Chief Product Officer of BillionToOne executed an exercise-and-sell pattern: exercising options for 4,000 shares at $8.65 per share and selling 8,000 shares of Class A Common Stock at $110.00 per share.
The filing states these trades were made under a Rule 10b5-1 trading plan adopted on March 6, 2026, suggesting the timing was predetermined rather than reactive to short-term news. The options exercised were fully vested and had an expiration date in 2033.
Because the transactions are pre-planned and combine an option exercise with open-market sales, they generally align with routine liquidity and compensation management. Subsequent filings may provide additional context on remaining equity and option holdings.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 4,000 | $8.65 | $35K |
| Exercise | Class A Common Stock | 4,000 | $8.65 | $35K |
| Sale | Class A Common Stock | 4,000 | $110.00 | $440K |
| Sale | Class A Common Stock | 4,000 | $110.00 | $440K |
Footnotes (1)
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2026. The options are fully vested and exercisable. The terms of the underlying option grant are as previously reported on the Reporting Person's Form 3 filed on November 5, 2025.