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sellModerate cluster of 410b5-1 plan

David Tsao sold $2.0M of BLLN

Chief Technology Officer at BillionToOne, Inc.. 20,000 shares at an average of $98.77, traded Sep 9, 2026, filed Sep 11, 2026.

Warning score
40
Value
$2.0M
20,000 shares
Holdings after
1,000
-95% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    Officer
    +15
  • Trade size
    $2.0M at market
    +25
  • Share of holdings sold
    Sold 95% of holdings
    +20
  • Cluster
    4 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

BLLNOct 12, 2026 · close 93.07
Since filing Sep 11, 2026: -5.8%SPY +2.0% · excess -7.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0002087127-26-000011, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 9, 2026MOption exercise
Class A Common Stock10b5-1
+10,000$2.80$28k11,00033 d ago
Sep 9, 2026MOption exercise
Class A Common Stock10b5-1
+10,000$2.80$28k21,00033 d ago
Sep 9, 2026SOpen-market sale
Class A Common Stock10b5-1
-10,000$97.54$975k11,00033 d ago
Sep 9, 2026SOpen-market sale
Class A Common Stock10b5-1
-10,000$100.00$1.0M1,00033 d ago
Sep 9, 2026MOption exercise
Stock Option (right to buy)derivative10b5-1
-10,000$2.80$28k570,00033 d ago
Sep 9, 2026MOption exercise
Stock Option (right to buy)derivative10b5-1
-10,000$2.80$28k560,00033 d ago

Related signals

Other insiders at BillionToOne, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
29Weak
BLLNsell 310b5-1
BillionToOne, Inc.
John Roderick ten Bosch
SVP of Laboratory Operations
$298k
2,834 shares
-13%
40Moderate
BLLNsell 310b5-1
BillionToOne, Inc.
David Tsao
Chief Technology Officer
$2.2M
20,000 shares
-95%
50Moderate
BLLNsell 410b5-1
BillionToOne, Inc.
Oguzhan Atay
Chairman and CEO
$1.3M
10,999 shares
-132%
21Weak
BLLNsell 410b5-1
BillionToOne, Inc.
John Roderick ten Bosch
SVP of Laboratory Operations
$170k
1,416 shares
-6%
31Weak
BLLNsell 410b5-1
BillionToOne, Inc.
David Tsao
Chief Technology Officer
$417k
3,333 shares
-77%
21Weak
BLLNsell 410b5-1
BillionToOne, Inc.
John Roderick ten Bosch
SVP of Laboratory Operations
$151k
1,416 shares
-6%
40Moderate
BLLNsell 410b5-1
BillionToOne, Inc.
Thomas P. Lynch
See Remarks
$3.9M
35,112 shares
-98%
50Moderate
BLLNsell 410b5-1
BillionToOne, Inc.
Oguzhan Atay
Chairman and CEO
$3.0M
30,331 shares
-121%
21Weak
BLLNsell 410b5-1
BillionToOne, Inc.
John Roderick ten Bosch
SVP of Laboratory Operations
$138k
1,416 shares
-5%
40Moderate
BLLNsell 410b5-1
BillionToOne, Inc.
Thomas P. Lynch
See Remarks
$2.0M
20,000 shares
-97%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

David Tsao sold $2.0M of BLLN | InsiderTell