BillionToOne, Inc.·4

Jun 11, 5:01 PM ET

NeoTribe Partners I, LLC 4

4 · BillionToOne, Inc. · Filed Jun 11, 2026

Research Summary

AI-generated summary of this filing

Updated

BillionToOne (BLLN) 10% Owner NeoTribe Distributes 450,779 Shares

What Happened

NeoTribe Ventures I, L.P. (a 10% institutional owner) reported a series of "other acquisition or disposition" (code J) transactions on 2026-06-09 involving BillionToOne (BLLN) common stock. The filing shows multiple pro‑rata, in‑kind distributions and related internal transfers: 450,779 shares were disposed and 14,828 shares were acquired (all at $0.00), resulting in a net reduction of 435,951 shares held by the reporting entity on that date. These were in‑kind transfers/distributions among affiliated Neotribe entities and partners (no cash proceeds).

Key Details

  • Transaction date: 2026-06-09; Form 4 filed: 2026-06-11 (timely).
  • Transaction type/code: "Other acquisition or disposition" (J) — reported as in‑kind distributions/transfers.
  • Shares disposed: 450,779; shares acquired: 14,828; net decrease: 435,951.
  • Price / Proceeds: $0.00 for all reported items (in‑kind distribution; no cash).
  • Footnotes: Transactions tied to pro‑rata, in‑kind distributions by various Neotribe entities (NTIF I, NTP SPV I, NTV I, NTA I); see filing for full footnote mappings.
  • Ownership note: NeoTribe Ventures I is the reporting person (institutional 10% owner). A separate related Form 4 was filed by Krishna Kittu Kolluri (associated with Neotribe entities) covering related holdings; some footnotes note Kolluri may be deemed to have voting/dispositive power over certain entities' holdings.
  • Shares owned after the transactions were not provided in the excerpt supplied.

Context

  • These were internal, pro‑rata, in‑kind distributions among affiliated funds/partners — not open‑market sales or purchases. Such transfers typically reflect fund reorganizations or partner distributions and do not necessarily signal the same market sentiment as a direct sale or purchase by a company insider.
  • For retail investors: purchases by insiders are generally more informative about confidence; in‑kind distributions by a 10% institutional holder are administrative and may not indicate a change in view on company fundamentals.

Insider Transaction Report

Form 4Exit
Period: 2026-06-09
Transactions
  • Other

    Class A Common Stock

    [F1][F2]
    2026-06-09129,7801,038,239 total(indirect: See Footnote)
  • Other

    Class A Common Stock

    [F3][F4]
    2026-06-09+7,9807,980 total(indirect: See Footnote)
  • Other

    Class A Common Stock

    [F5][F4]
    2026-06-097,9800 total(indirect: See Footnote)
  • Other

    Class A Common Stock

    [F6][F7]
    2026-06-0924,222193,772 total(indirect: See Footnote)
  • Other

    Class A Common Stock

    [F8][F9]
    2026-06-09+1,4251,425 total(indirect: See Footnote)
  • Other

    Class A Common Stock

    [F10][F9]
    2026-06-091,4250 total(indirect: See Footnote)
  • Other

    Class A Common Stock

    [F11][F12]
    2026-06-09271,0282,168,230 total
  • Other

    Class A Common Stock

    [F13][F14]
    2026-06-09+5,4235,423 total(indirect: See Footnote)
  • Other

    Class A Common Stock

    [F15][F14]
    2026-06-095,4230 total(indirect: See Footnote)
  • Other

    Class A Common Stock

    [F16][F17]
    2026-06-0910,92187,362 total
Footnotes (17)
  • [F1]Represents a pro-rata, in-kind distribution by Neotribe Ignite Fund I, L.P. ("NTIF I") to its partners, for no additional consideration.
  • [F10]Represents a pro-rata, in-kind distribution by NTP SPV I to its members and assignees, for no additional consideration.
  • [F11]Represents a pro-rata, in-kind distribution by NeoTribe Ventures I, L.P. ("NTV I") to its partners, for no additional consideration.
  • [F12]The reported security is directly held by NTV I, for itself. NeoTribe Partners I, LLC ("NTP I") is the general partner of NTV I. Kolluri is the managing member of NTP I and therefore may be deemed to hold voting and dispositive power over the shares held by NTV I. Kolluri disclaims beneficial ownership of the shares held by NTV I except to the extent of his pecuniary interest therein.
  • [F13]The shares were obtained pursuant to a pro-rata, in-kind distribution from NTV I, for no additional consideration.
  • [F14]The reported security is directly held by NTP I. Kolluri is the managing member of NTP I and therefore may be deemed to have voting and dispositive power over the shares held by NTP I. Kolluri disclaims beneficial ownership of the shares held by NTP I except to the extent of his pecuniary interest therein.
  • [F15]Represents a pro-rata, in-kind distribution by NTP I to its members and assignees, for no additional consideration.
  • [F16]Represents a pro-rata, in-kind distribution by NeoTribe Associates I, L.P. ("NTA I") to its partners, for no additional consideration.
  • [F17]The reported security is directly held by NTV I, as nominee for NTA I. NTP I is the general partner of NTA I. Kolluri is the managing member of NTP I and therefore may be deemed to hold voting and dispositive power over the shares held by NTA I. Kolluri disclaims beneficial ownership of the shares held by NTA I except to the extent of his pecuniary interest therein.
  • [F2]The reported security is directly held by NTIF I. Neotribe Ignite Partners I, LLC ("NTIP I") is the general partner of NTIF I. Krishna Kittu Kolluri ("Kolluri") is the managing member of NTIP I and therefore may be deemed to have voting and dispositive power over the shares held by NTIF I. Kolluri disclaims beneficial ownership of the shares held by NTIF I except to the extent of his pecuniary interest therein.
  • [F3]The shares were obtained pursuant to a pro-rata, in-kind distribution from NTIF I, for no additional consideration.
  • [F4]The reported security is directly held by NTIP I. Kolluri is the managing member of NTIP I and therefore may be deemed to have voting and dispositive power over the shares held by NTIP I. Kolluri disclaims beneficial ownership of the shares held by NTIP I except to the extent of his pecuniary interest therein.
  • [F5]Represents a pro-rata, in-kind distribution by NTIP I to its members and assignees, for no additional consideration.
  • [F6]Represents a pro-rata, in-kind distribution by Neotribe SPV I BTO, LLC ("NT SPV I") to its members, for no additional consideration.
  • [F7]The reported security is directly held by NT SPV I. Neotribe Partners SPV I BTO, LLC ("NTP SPV I") is the managing member of NT SPV I. Kolluri is the managing member of NTP SPV I and therefore may be deemed to have voting and dispositive power over the shares held by NT SPV I. Kolluri disclaims beneficial ownership of the shares held by NT SPV I except to the extent of his pecuniary interest therein.
  • [F8]The shares were obtained pursuant to a pro-rata, in-kind distribution from NT SPV I, for no additional consideration.
  • [F9]The reported security is directly held by NTP SPV I. Kolluri is the managing member of NTP SPV I and therefore may be deemed to have voting and dispositive power over the shares held by NTP SPV I. Kolluri disclaims beneficial ownership of the shares held by NTP SPV I except to the extent of his pecuniary interest therein.

Documents

1 file
  • 4
    tm2617558-1_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT