Boost Run Inc. (BRUN) director receives 25,375 shares via sponsor distribution
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boost Run Inc. director Jeremy Rayne Steinberg reported acquiring 25,375 shares of Class A Common Stock on May 12, 2026. The transaction is coded as an exercise or conversion of a derivative security at a reported price of $0.00 per share, leaving him with 25,375 shares held directly. A footnote explains these shares were received as member distributions from Willow Lane Sponsor, LLC, rather than through an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Steinberg Jeremy Rayne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class A Common Stock | 25,375 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 25,375 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 25,375 shares
Price per share: $0.00 per share
Shares held after transaction: 25,375 shares
3 metrics
Shares acquired
25,375 shares
Class A Common Stock acquired on May 12, 2026
Price per share
$0.00 per share
Reported transaction price for acquired shares
Shares held after transaction
25,375 shares
Direct holdings following the May 12, 2026 transaction
Key Terms
Class A Common Stock, derivative exercise/conversion, member distributions, Willow Lane Sponsor, LLC
4 terms
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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
member distributions financial
"Shares acquired were received as member distributions from Willow Lane Sponsor, LLC"
Willow Lane Sponsor, LLC financial
"Shares acquired were received as member distributions from Willow Lane Sponsor, LLC"
FAQ
What insider transaction did Boost Run Inc. (BRUN) disclose for Jeremy Rayne Steinberg?
Boost Run Inc. reported that director Jeremy Rayne Steinberg acquired 25,375 shares of Class A Common Stock. The shares were received on May 12, 2026 through a derivative exercise coded transaction, rather than a traditional open-market stock purchase.
Was the Boost Run (BRUN) insider transaction an open-market buy or another type?
The transaction was not an open-market purchase. It is coded as an exercise or conversion of a derivative security, with shares received as member distributions from Willow Lane Sponsor, LLC, according to the footnote in the Form 4 filing.
What role does Willow Lane Sponsor, LLC play in the Boost Run (BRUN) insider transaction?
The Form 4 notes that the 25,375 shares acquired by Jeremy Rayne Steinberg were received as member distributions from Willow Lane Sponsor, LLC. This indicates the shares came via distributions from that entity rather than direct market purchases.
What does transaction code "M" mean in the Boost Run (BRUN) Form 4?
Transaction code “M” indicates an exercise or conversion of a derivative security. In this Boost Run filing, it shows Jeremy Rayne Steinberg acquired 25,375 Class A Common shares through such a derivative-related event, with a reported per-share transaction price of $0.00.