BillionToOne (BLLN) director granted 3,017 RSUs with service-based vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rai Akshay reported acquisition or exercise transactions in this Form 4 filing.
BillionToOne, Inc. director Akshay Rai received a grant of 3,017 restricted stock units (RSUs) linked to Class A Common Stock. Each RSU represents a right to receive one share for no cash payment. The RSUs vest when a service-based condition is met, on the earlier of the next annual stockholder meeting or the one-year anniversary of June 10, 2026. Following this equity award, Rai directly holds 14,026 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rai Akshay
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,017 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 14,026 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 3,017 RSUs
Grant price per share: $0.00 per share
Shares held after grant: 14,026 shares
3 metrics
RSUs granted
3,017 RSUs
Equity award to director Akshay Rai in Class A Common Stock
Grant price per share
$0.00 per share
Stated price for each RSU linked to Class A Common Stock
Shares held after grant
14,026 shares
Akshay Rai’s direct Class A Common Stock holdings following the RSU award
Key Terms
restricted stock units (RSUs), service-based vesting requirement, Class A Common Stock
3 terms
restricted stock units (RSUs) financial
"The Reporting Person was granted restricted stock units (RSUs), which represent a contingent right to receive one share"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
service-based vesting requirement financial
"The RSUs are subject to a service-based vesting requirement, which shall be satisfied on the earlier"
Class A Common Stock financial
"one share of Class A common stock for each RSU"
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
What insider transaction did BillionToOne (BLLN) disclose for Akshay Rai?
BillionToOne reported that director Akshay Rai received 3,017 restricted stock units (RSUs) tied to Class A Common Stock. These RSUs were granted at no cash cost and increase his direct ownership to 14,026 Class A shares after the award.
What are the vesting terms of Akshay Rai’s BillionToOne (BLLN) RSU grant?
The RSUs vest upon satisfying a service-based requirement that is met on the earlier of the company’s next annual stockholder meeting or the one-year anniversary of June 10, 2026. Vesting determines when each RSU converts into one Class A Common share.
Is Akshay Rai’s BillionToOne (BLLN) RSU grant an open-market purchase?
No, the 3,017 RSUs granted to Akshay Rai are a compensation-related equity award, not an open-market stock purchase. The units were granted at a stated price of $0.00 per share and vest over time based on continued service conditions.
What type of security did Akshay Rai receive from BillionToOne (BLLN)?
Akshay Rai received restricted stock units (RSUs) that correspond to Class A Common Stock of BillionToOne. Each RSU represents a contingent right to one Class A share, subject to a service-based vesting requirement tied to future dates and stockholder meeting timing.