Earnings Feed
Start Free
BillionToOne, Inc.·4

Jun 11, 5:01 PM ET

NeoTribe Partners I, LLC 4

Research Summary

AI-generated summary

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.