KOLLURI KRISHNA KITTU 4
Research Summary
AI-generated summary
BillionToOne (BLLN) 10% Owner Kolluri Receives RSU Award
What Happened
- Kolluri Krishna Kittu, listed as a 10% owner of BillionToOne, was granted 3,017 restricted stock units (RSUs) on 2026-06-10. The filing shows an acquisition price of $0.00 — this is a grant/award, not an open‑market purchase or a sale. RSUs represent a contingent right to receive one share of Class A common stock per RSU upon vesting.
Key Details
- Transaction date: 2026-06-10; Filing date: 2026-06-12 (Form 4 filed timely).
- Grant: 3,017 RSUs; Acquisition price reported: $0.00 (transaction code A = Award/Grant).
- Shares owned after transaction: Not specified/disclosed in the filing.
- Vesting condition (per footnote): RSUs vest upon the earlier of (A) the next annual meeting of stockholders or (B) the one‑year anniversary of June 10, 2026 (service‑based vesting).
Context
- RSUs are a compensation award that convert to actual shares only if vesting conditions are met; they do not represent immediate share sales or purchases. As a 10% owner, this grant reflects equity compensation for a significant shareholder but should not be read as an immediate market signal (no cash outlay and no immediate change in public float until RSUs vest and shares are issued).