STOCK TITAN

BillionToOne (BLLN) CTO David Tsao exercises 10K options, sells 10K shares under 10b5-1

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BillionToOne, Inc. director and Chief Technology Officer David Tsao exercised stock options for 10,000 shares of Class A Common Stock at $2.80 per share on August 10, 2026, then sold 10,000 shares of Class A Common Stock at $92.86 per share. Following the option exercise, he held 590,000 stock options that are fully vested and exercisable, expiring June 7, 2031. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2026.

Positive

  • None.

Negative

  • None.
Insider Tsao David
Role Chief Technology Officer
Sold 10,000 shs ($929K)
Approx. gross sale proceeds $929K
Approx. exercise cost $28K
Approx. pre-tax spread $901K
Type Security Shares Price Value
Exercise Stock Option (right to buy) F2 10,000 $2.80 $28K
Exercise Class A Common Stock F1 10,000 $2.80 $28K
Sale Class A Common Stock F1 10,000 $92.86 $929K
Holdings After Transaction: Stock Option (right to buy) — 590,000 shares (Direct); Class A Common Stock — 1,000 shares (Direct)
Footnotes (2)
  1. F1. 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.
  2. F2. The options are fully vested and exercisable.
Options exercised 10,000 shares Stock Option (right to buy) exercised on August 10, 2026
Exercise price $2.80 per share Exercise price of Stock Option for 10,000 underlying shares
Shares sold 10,000 shares Class A Common Stock sale on August 10, 2026
Sale price $92.86 per share Per-share price for 10,000 Class A Common shares sold
Options held after exercise 590,000 options Total Stock Options following the reported derivative transaction
Option expiration date June 7, 2031 Expiration date of the exercised Stock Option grant
10b5-1 plan adoption date March 6, 2026 Date the Rule 10b5-1 trading plan was adopted
Rule 10b5-1 trading plan financial
"transactions were effected pursuant to a Rule 10b5-1 trading plan"
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.
Stock Option (right to buy financial
"security_title: Stock Option (right to buy)"
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

What did BillionToOne (BLLN) CTO David Tsao report in this Form 4?

David Tsao reported exercising 10,000 stock options at $2.80 and selling 10,000 Class A Common shares at $92.86 on August 10, 2026, under a pre-arranged Rule 10b5-1 trading plan.

How many BillionToOne (BLLN) options does David Tsao hold after these transactions?

After the reported exercise, David Tsao held 590,000 stock options that are fully vested and exercisable, with an expiration date of June 7, 2031, according to the filing data.

At what prices did David Tsao exercise and sell BLLN shares?

David Tsao exercised options to acquire 10,000 shares at an exercise price of $2.80 per share and then sold 10,000 Class A Common shares at $92.86 per share on the same date.

Were David Tsao’s BLLN trades made under a Rule 10b5-1 trading plan?

Yes. The Form 4 states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by David Tsao on March 6, 2026, and the plan checkbox is affirmed.

What type of securities did David Tsao trade in BillionToOne (BLLN)?

David Tsao exercised Stock Options (right to buy) for 10,000 underlying Class A Common shares and then sold 10,000 shares of Class A Common Stock in a separate sale transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tsao David

(Last)(First)(Middle)
C/O BILLIONTOONE, INC.
1035 O'BRIEN DRIVE

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BillionToOne, Inc. [ BLLN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock08/10/2026M(1)10,000A$2.811,000D
Class A Common Stock08/10/2026S(1)10,000D$92.861,000D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$2.808/10/2026M10,000 (2)06/07/2031Class A Common Stock10,000$2.8590,000D
Explanation of Responses:
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.
2. The options are fully vested and exercisable.
Remarks:
/s/ Thomas P. Lynch, Attorney-in-Fact08/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)