BillionToOne, Inc.·4

Jun 11, 5:01 PM ET

KOLLURI KRISHNA KITTU 4

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BillionToOne (BLLN) Director Kolluri Reports In‑Kind Distributions

What Happened
Krishna K. Kolluri, a director of BillionToOne, reported a series of non‑market transfers on 2026‑06‑09. The filing shows multiple pro‑rata, in‑kind distributions and related transfers recorded at $0 per share: total dispositions of 450,779 shares and total acquisitions of 31,028 shares, for a net decrease of 419,751 shares. These were reported under transaction code J (other acquisition/disposition) and reflect distributions among funds, SPVs and trusts rather than open‑market buys or sales.

Key Details

  • Transaction date: 2026‑06‑09; Form 4 filed 2026‑06‑11 (timely).
  • Price: $0.00 for all reported transfers (in‑kind distributions/no cash consideration).
  • Totals: Disposed 450,779 shares; Acquired 31,028 shares; Net change –419,751 shares.
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Notable footnotes: Transfers arose from pro‑rata, in‑kind distributions by entities including Neotribe Ignite Fund I (NTIF I), NeoTribe Ventures I (NTV I), NTP I, NTA I and related SPVs. Several footnotes (e.g., F12, F14, F17, F2, F9) state the reported securities are held by funds or trusts over which Kolluri may be deemed to have voting/dispositive power, and that he disclaims beneficial ownership except to the extent of any pecuniary interest.
  • Other filings: This Form 4 is one of two filings relating to these distributions; the other reporting person is NeoTribe Ventures I, L.P.

Context
In‑kind distributions and transfers among funds, SPVs and trusts (reported at $0) are administrative reallocations and not open‑market sales — they don’t necessarily signal insider buying or selling sentiment. Because many shares are held by entities for which Kolluri is a managing member or trustee, the filing clarifies he may be deemed to have control over voting/dispositive power while disclaiming direct beneficial ownership except for any pecuniary interest.