Boost Run (BRUN) director amends 1.97M-share buy report
Rhea-AI Filing Summary
Boost Run Inc. (BRUN) director Sean Goodrich, through Goodrich ILJMS LLC, corrected a prior insider report to show the exercise or conversion of a derivative security into 1,968,750 shares of Class A Common Stock at $1.75 per share on June 9, 2026. Following this transaction, 4,034,135 shares are reported as indirectly held. The amendment also states that an earlier filing inadvertently reported both a smaller share acquisition and a disposition of warrants; no warrants were actually disposed of or acquired on the transaction date.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 1,968,750 shares
Net Buy
1 txn
Insider
Goodrich Sean
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class A Common Stock F1 | 1,968,750 | $1.75 | $3.45M |
Holdings After Transaction:
Class A Common Stock — 4,034,135 shares (Indirect, By Goodrich ILJMS LLC)
Footnotes (1)
- F1. On June 15, 2026, the reporting person filed a Form 4 (the "Form 4") which inadvertently reported that 1,272,885 shares were acquired. The number of shares actually acquired was 1,968,750. This amendment is being filed to correctly state the number of shares acquired reported on the Form 4 and the number of shares indirectly held thereafter.
Key Figures
Shares acquired: 1,968,750 shares of Class A Common Stock
Price per share: $1.75 per share
Shares indirectly held after transaction: 4,034,135 shares
+2 more
5 metrics
Shares acquired
1,968,750 shares of Class A Common Stock
Exercise or conversion of derivative security on June 9, 2026
Price per share
$1.75 per share
For the 1,968,750 shares acquired on June 9, 2026
Shares indirectly held after transaction
4,034,135 shares
Indirect ownership via Goodrich ILJMS LLC following the transaction
Originally misreported shares acquired
1,272,885 shares
Number of shares inadvertently reported as acquired in the original Form 4
Misreported warrants disposed
1,101,986 Warrants
Warrants inadvertently reported as disposed in original Form 4; none actually disposed
Key Terms
Form 4, derivative security, indirectly held, Class A Common Stock, +1 more
5 terms
Form 4 regulatory
"the reporting person filed a Form 4 (the "Form 4") which"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
derivative security financial
"transaction_action":"derivative exercise/conversion""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirectly held financial
"correctly state the number of shares acquired ... and the number of shares indirectly held thereafter"
Class A Common Stock financial
"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.
warrants financial
"inadvertently reported that 1,101,986 Warrants were disposed of"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
FAQ
What did BRUN director Sean Goodrich correct in this Form 4/A?
The amendment corrects the reported acquisition to 1,968,750 shares of Class A Common Stock and clarifies that no warrants were disposed of or acquired on the June 9, 2026 transaction date.
Were any Boost Run Inc. warrants actually disposed of in this Form 4/A event?
No. The amendment explicitly states that no warrants were disposed of or acquired by the reporting person on the June 9, 2026 transaction date, correcting an earlier inadvertent report.
AI-generated analysis. How Rhea-AI works. Not financial advice.