Goodrich Sean 4
4 · Boost Run Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Boost Run (BRUN) Director Sean Goodrich Exercises Options, Surrenders Shares
What Happened
Sean Goodrich, a director of Boost Run Inc. (BRUN), exercised or converted derivative rights to acquire 1,272,885 shares of Class A common stock at $1.75 per share (total cost $2,227,549) on June 9, 2026. On the same date he disposed of 1,101,986 shares to the issuer at $1.75 per share (total value $1,928,476). These were derivative transactions (exercise/conversion and a disposition to the issuer), not an open-market sale.
Key Details
- Transaction date: June 9, 2026; Form filed June 15, 2026 (filed 6 days after the transaction; appears late under the usual 2-business-day Form 4 rule).
- Exercise/conversion (Code M): 1,272,885 shares at $1.75 — $2,227,549 acquired.
- Disposition to issuer (Code D): 1,101,986 shares at $1.75 — $1,928,476 transferred/disposed.
- Shares owned after transaction: The provided Form 4 data did not state Mr. Goodrich’s personal holdings after the transactions. The filing notes Goodrich ILMJS LLC as the record holder.
- Footnote: Goodrich ILMJS LLC is the record holder; Mr. Goodrich is the managing member with voting and investment discretion but disclaims beneficial ownership except to the extent of any pecuniary interest. The transfers relate to an Amended & Restated Transfer Agreement dated April 24, 2026, between Willow Lane Sponsor, LLC and Goodrich ILMJS LLC.
Context
- These were derivative transactions: the insider exercised/converted rights to receive shares and then transferred a large portion to the issuer — this is not the same as an open-market sale.
- Footnote language indicates the securities are held of record by an entity (Goodrich ILMJS LLC) and attributes the relevant shares and warrants to that entity under a transfer agreement; that structure can affect how beneficial ownership is reported.
- The filing does not provide stated motivations; retail investors should view exercises and issuer transfers as technical corporate/contractual actions rather than direct open-market buying or selling by the insider.
Insider Transaction Report
Form 4
Boost Run Inc.BRUN
Goodrich Sean
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-06-09$1.75/sh+1,272,885$2,227,549→ 3,338,270 total(indirect: By LLC) - Disposition to Issuer
Warrants
[F1]2026-06-09$1.75/sh−1,101,986$1,928,476→ 2,203,972 total(indirect: By LLC)Exercise: $1.75From: 2026-06-08Exp: 2031-05-08→ Class A Common Stock (1,101,986 underlying)
Footnotes (1)
- [F1]Goodrich ILMJS LLC is the record hold of such securities. Mr. Goodrich is the managing member of Goodrich ILMJS LLC and holds and holds voting and investment discretion with respect to the shares of Boost Run Inc. Class A Common Stock held of record by Goodrich ILMJS LLC. Mr. Goodrich disclaims any beneficial ownership of the securities held by Goodrich ILMJS LLC other than to the extent of any pecuniary interest he may have therein, directly or indirectly. Goodrich ILMJS LLC is attributed beneficial ownership over the 1,272,885 shares of Class A Common Stock and 1,101,986 Warrants being transferred pursuant to the Amended and Restated Transfer Agreement, dated as of April 24, 2026, between Willow Lane Sponsor, LLC and Goodrich ILMJS LLC.
Signature
/s/ Sean Goodrich|2026-06-15