BillionToOne Director Krishna Kolluri Transfers 484,442 Shares

What Happened
Director Krishna K. Kolluri reported a series of "other" acquisitions/dispositions (SEC code J) on 2026-08-26 involving in‑kind, pro‑rata distributions among NeoTribe-related funds, SPVs and trusts. The filing shows disposals totaling 484,442 shares and acquisitions totaling 78,244 shares of BillionToOne (price reported $0.00 for each transfer), i.e., no cash was paid or received. Net change across the reported items is a reduction of 406,198 shares attributable to these transfers. These were internal, in‑kind transfers — not open‑market buys or sales.

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-08-28 (filed within the typical 2‑business‑day window).
• Reported price for all items: $0.00 (in‑kind distributions / transfers; total cash value reported $0).
• Total disposed: 484,442 shares; total acquired: 78,244 shares; net: −406,198 shares.
• Footnotes indicate transfers were pro‑rata, in‑kind distributions from multiple NeoTribe entities (NTIF I, NTV I, NTP I, NTA I, NTP SPV I, etc.) to partners, members or trusts.
• Several notes state the securities are directly held by funds or trusts and that Kolluri, as managing member/trustee, may be deemed to have voting/dispositive power but disclaims beneficial ownership except to the extent of any pecuniary interest.
• Shares owned after the transactions are not specified in the provided data.

Context
These are fund and trust re‑allocations (internal transfers) rather than market trades—such moves are administrative and do not necessarily signal buying or selling intent by the director. Code J and the $0.00 price make clear these were in‑kind distributions among related entities, common in VC/fund structures. For retail investors, purchases by insiders tend to be more informative than internal fund reallocations; treat this filing as an ownership-structure update rather than a directional insider bet.