NeoTribe Partners I, LLC 4

What Happened

• NeoTribe Ventures I, L.P. (a reported 10% owner) recorded multiple "other" (code J) acquisition/disposition entries on May 11, 2026. These entries reflect pro‑rata, in‑kind distributions and internal transfers of BillionToOne (BLLN) shares rather than open‑market trades. The filing shows several zero‑price transactions: total disposed 450,779 shares and total acquired 14,828 shares, for a net disposition of 435,951 shares. All transactions reported a price of $0.00, indicating no cash consideration.

Key Details

• Transaction date: 2026-05-11; transaction code: J (other acquisition/disposition, here used for in‑kind distributions).
• Totals reported: 450,779 shares disposed; 14,828 shares acquired; net decrease = 435,951 shares.
• Price: $0.00 for every entry (in‑kind/pro‑rata distributions — no cash proceeds).
• Footnotes: multiple footnotes (e.g., F1, F11, F13) state these were pro‑rata, in‑kind distributions by related Neotribe entities to partners/members for no additional consideration. Footnote F12/F17/F9 note NeoTribe affiliates and that Krishna Kittu Kolluri may be deemed to have voting/dispositive power over certain holdings; the related Form 4 for Kolluri was filed separately.
• Shares owned after the transactions: not specified in the supplied excerpt of the filing.
• Filing timeliness: no late‑filing indication in the provided details.

Context

• These entries reflect institutional reorganization/distributions (in‑kind transfers) by a Neotribe fund/entity, not executive open‑market buying or selling. Such transfers are administrative and do not necessarily signal a manager’s market view. For retail investors, outright purchases by insiders tend to be more informative than in‑kind distributions from funds.