Goodrich ILMJS LLC reshapes Boost Run Inc. (BRUN) warrant and share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boost Run Inc. director-associated entity Goodrich ILMJS LLC adjusted its indirect holdings in a structured transaction. The LLC exercised derivative securities to acquire 1,272,885 shares of Class A Common Stock at $1.75 per share and disposed of related Warrants back to the issuer.
After these transactions, Goodrich ILMJS LLC is attributed beneficial ownership of 3,338,270 shares of Class A Common Stock and 2,203,972 Warrants, all held indirectly. Sean Goodrich, the managing member, disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Goodrich Sean
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Warrants | 1,101,986 | $1.75 | $1.93M |
| Exercise | Class A Common Stock | 1,272,885 | $1.75 | $2.23M |
Holdings After Transaction:
Warrants — 2,203,972 shares (Indirect, By Goodrich ILMJS LLC);
Class A Common Stock — 3,338,270 shares (Indirect, By Goodrich ILMJS LLC)
Footnotes (1)
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Key Figures
Shares acquired: 1,272,885 shares
Exercise/disposition price: $1.75 per share
Warrants disposed: 1,101,986 Warrants
+2 more
5 metrics
Shares acquired
1,272,885 shares
Class A Common Stock acquired via derivative exercise at $1.75
Exercise/disposition price
$1.75 per share
Price used for Class A Common Stock and related Warrants
Warrants disposed
1,101,986 Warrants
Disposition to issuer linked to Class A Common Stock
Shares after transaction
3,338,270 shares
Class A Common Stock indirectly held by Goodrich ILMJS LLC
Warrants after transaction
2,203,972 Warrants
Indirectly held by Goodrich ILMJS LLC following disposition
Key Terms
Class A Common Stock, Warrants, Disposition to issuer, disclaims any beneficial ownership, +1 more
5 terms
Class A Common Stock financial
"shares of Boost Run Inc. Class A Common Stock held of record"
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
"1,101,986 Warrants being transferred pursuant to the Amended and Restated Transfer Agreement"
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.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
disclaims any beneficial ownership regulatory
"Mr. Goodrich disclaims any beneficial ownership of the securities held by Goodrich ILMJS LLC"
beneficial ownership regulatory
"Goodrich ILMJS LLC is attributed beneficial ownership over the 1,272,885 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transactions did Boost Run Inc. (BRUN) report for Sean Goodrich?
Boost Run Inc. reported that entity Goodrich ILMJS LLC, associated with director Sean Goodrich, acquired 1,272,885 Class A Common shares via derivative exercise and disposed of 1,101,986 Warrants back to the issuer, all held as indirect ownership through the LLC.
What happened to the Boost Run Inc. (BRUN) Warrants in the Goodrich ILMJS LLC filing?
Goodrich ILMJS LLC disposed of 1,101,986 Boost Run Inc. Warrants to the issuer at an exercise price of $1.75. After this disposition, the LLC is attributed beneficial ownership of 2,203,972 Warrants, all held indirectly in connection with Class A Common Stock.
At what price were Boost Run Inc. (BRUN) securities exercised or valued in this Form 4?
The reported derivative exercise and related Warrant disposition used a price of $1.75 per share. This price applied both to the 1,272,885 Class A Common shares acquired and the 1,101,986 Warrants linked to the same underlying Class A Common Stock.
Does Sean Goodrich personally own the Boost Run Inc. (BRUN) securities in this filing?
The securities are held of record by Goodrich ILMJS LLC, where Sean Goodrich is managing member. He disclaims beneficial ownership of the LLC-held Boost Run Inc. securities except to the extent of any direct or indirect pecuniary interest he may have.