KOLLURI KRISHNA KITTU 4

What Happened
Krishna K. Kolluri, reported as a 10% owner of BillionToOne, recorded multiple "other acquisition or disposition" (code J) transactions on May 11, 2026 that are pro‑rata, in‑kind distributions among Neotribe-related entities and trusts. The filings show gross dispositions of 450,779 shares and gross acquisitions of 31,028 shares, all at $0.00 per share, resulting in a net reduction (transfer out) of 419,751 shares. No cash changed hands — these were internal reallocations among funds, members and trusts rather than open‑market sales.

Key Details

• Transaction date: May 11, 2026; Form 4 filed May 13, 2026 (filed within the typical two‑business‑day window).
• Reported prices/consideration: $0.00 per share for all line items — in‑kind distributions, not cash transactions.
• Aggregate totals in this Form 4: 450,779 shares disposed, 31,028 shares acquired, net transfer out of 419,751 shares.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes: transactions represent pro‑rata, in‑kind distributions by Neotribe entities (NTIF I, NTV I, NTP I, NTA I, NTP SPV I, NT SPV I, etc.). Kolluri is the managing member/ trustee of several related entities and disclaims beneficial ownership of many of the entity‑held shares except to the extent of any pecuniary interest.
• This Form 4 is one of two filings related to the distribution; the other reporting person is NeoTribe Ventures I, L.P.

Context
These entries reflect reallocation of shares within a family of funds and related trusts (institutional/partner transfers), not open‑market selling or buying by the insider. For retail investors, note that such in‑kind distributions typically document how record ownership is split among partners or moved to trusts and do not necessarily signal the insider’s view on the company’s stock.