Seer shareholder Braden M. Leonard reports 4.7% stake

BML Investment Partners and Braden M. Leonard disclaim that they constitute a statutory group under Rule 13d-5(b)(1).

Available on EDGAR 11/02/2026 - 02:08 PM EST Accepted by SEC EDGAR 11/02/2026 - 02:08 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Seer, Inc.’s common stock is reported as beneficially owned by BML Investment Partners, L.P. and Braden M. Leonard. The partnership beneficially owns 2,180,490 shares, or 3.9%. Leonard, managing member of BML Capital Management, LLC, beneficially owns 2,600,490 shares, or 4.7%, including 420,000 shares, or 0.7%, that he owns directly; the partnership holds the other reported shares directly.

A letter sent to Seer’s Board on November 2, 2026, expressed disappointment in the Board’s decision to remain a public company.

Key Figures

Shares beneficially owned: 2,180,490 shares Class ownership: 3.9% Shares beneficially owned: 2,600,490 shares +3 more

6 metrics

Shares beneficially owned 2,180,490 shares BML Investment Partners, L.P.

Class ownership 3.9% BML Investment Partners, L.P.

Shares beneficially owned 2,600,490 shares Braden M. Leonard

Class ownership 4.7% Braden M. Leonard

Shares owned directly 420,000 shares Braden M. Leonard

Direct class ownership 0.7% Braden M. Leonard

Key Terms

beneficially owned, shared voting power, shared dispositive power, statutory group

4 terms

beneficially owned regulatory

"Aggregate amount beneficially owned by each reporting person"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared voting power regulatory

"Shared Voting Power"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power regulatory

"Shared Dispositive Power"

statutory group regulatory

"disclaim that they constitute a statutory group"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Seer (SEER) shares does BML Investment Partners own?

BML Investment Partners, L.P. beneficially owns 2,180,490 Seer shares, or 3.9% of the class.

How many Seer (SEER) shares does Braden M. Leonard beneficially own?

Braden M. Leonard beneficially owns 2,600,490 shares, or 4.7% of the class, including 420,000 shares, or 0.7%, that he owns directly.

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

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

Seer, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

81578P106

(CUSIP Number)

Braden M Leonard
65 E Cedar - Suite 2,
Zionsville, IN, 46077
3173442447

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

11/02/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 81578P106

1

Name of reporting person

BML Investment Partners, L.P.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,180,490.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,180,490.00

11

Aggregate amount beneficially owned by each reporting person

2,180,490.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

3.9 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

BML Investment Partners, L.P. is a Delaware limited partnership whose sole general partner is BML Capital Management, LLC. The managing member of BML Capital Management, LLC is Braden M. Leonard. As a result, Braden M. Leonard is deemed to be the indirect owner of the shares held directly by BML Investment Partners, L.P. Despite such shared beneficial ownership, the reporting persons disclaim that they constitute a statutory group within the meaning of Rule 13d-5(b) (1) of the Securities Exchange Act of 1934.

SCHEDULE 13D

CUSIP Number(s): 81578P106

1

Name of reporting person

Braden M Leonard

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 420,000.00
8	Shared Voting Power 2,180,490.00
9	Sole Dispositive Power 420,000.00
10	Shared Dispositive Power 2,180,490.00

11

Aggregate amount beneficially owned by each reporting person

2,600,490.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.7 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

BML Investment Partners, L.P. is a Delaware limited partnership whose sole general partner is BML Capital Management, LLC. The managing member of BML Capital Management, LLC is Braden M. Leonard. As a result, Braden M. Leonard is deemed to be the indirect owner of the shares held directly by BML Investment Partners, L.P. Despite such shared beneficial ownership, the reporting persons disclaim that they constitute a statutory group within the meaning of Rule 13d-5(b) (1) of the Securities Exchange Act of 1934.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock
(b)	Name of Issuer: Seer, Inc.
(c)	Address of Issuer's Principal Executive Offices: 3800 Bridge Parkway, Suite 102, Redwood City, CALIFORNIA , 94065.
Item 2.	Identity and Background
(a)	BML Investment Partners, L.P. Braden M Leonard
(b)	65 E Cedar, Suite 2, Zionsville, IN 46077
(c)	Braden M. Leonard Mr. Leonard's business address is 65 E Cedar Suite 2, Zionsville, IN 46077. Mr. Leonard's principal business is to serve as managing member of BML Capital Management, LLC
(d)	During the past five years, none of BML Investment Partners, L.P., BML Capital Management, LLC or Braden M. Leonard have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or a party to a civil proceeding of a judicial or administrative body of competent jurisdiction where as a result of such proceeding BML Investment Partners, L.P., BML Capital Management, LLC or Braden M. Leonard was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(e)	During the past five years, none of BML Investment Partners, L.P., BML Capital Management, LLC or Braden M. Leonard have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or a party to a civil proceeding of a judicial or administrative body of competent jurisdiction where as a result of such proceeding BML Investment Partners, L.P., BML Capital Management, LLC or Braden M. Leonard was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	Braden M. Leonard is a citizen of the United States of America. BML Investment Partners, L.P. is a Delaware limited partnership.
Item 3.	Source and Amount of Funds or Other Consideration
	Working Capital
Item 4.	Purpose of Transaction
	On November 2, the Reporting Person sent a letter to the Board expressing disappointment in the Board's decision to remain a public company.
Item 5.	Interest in Securities of the Issuer
(a)	BML Investment Partners L.P. owns 2,180,490 or 3.9%. Braden M Leonard owns 420,000 or 0.7%.
(b)	BML Investment Partners, L.P. - 0 Braden M Leonard - 2,600,490
(c)	None
(d)	N/A
(e)	N/A
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	N/A
Item 7.	Material to be Filed as Exhibits.
	Ex 1 - Letter to Board

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BML Investment Partners, L.P.

Signature:	Braden M Leonard
Name/Title:	Managing Member of BML Capital Management, LLC
Date:	11/02/2026

Braden M Leonard

Signature:	Braden M Leonard
Name/Title:	Individual
Date:	11/02/2026