FolioLanternBeta
BLLNBillionToOne, Inc. · Insider ownership research

BillionToOne, Inc. insiders sold $48.4M in the past 12 months. How much of their stake is that?

Insiders sold $48.4M in the past 12 months.100% was sold under disclosed trading plans. The largest seller, Oguzhan Atay (Chairman and CEO, Director), sold $23.0M. 39% of these sales were shares from exercising options.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 13, 2026 from SEC filings · covers Oct 14, 2025 to Oct 13, 2026
2
buyers among officers and directors (6 trades), past 12 months
100%
of sales were under disclosed trading plans, past 12 months
6 of 13
officers and directors sold shares, past 12 months
Latest filing: Filed Oct 7 for a sale on Oct 5. David Tsao sold 20K shares ($2.2M) under a disclosed plan. Filing
SEC ownership filings: 76 filed in the 12 months to Oct 13, 2026; 76 on record since Nov 5, 2025 · See the evidence

What stands out

Two directors bought shares: Thomas Bremner (24K shares, $1.4M) and Akshay Rai (2.5K shares, $150K). These are the first purchases by current officers or directors in the filings on record.Thomas Bremner: purchase, Nov 7, 2025 · Akshay Rai: purchase, Nov 7, 2025
Selling picked up in the last 90 days: officers and directors sold 248K shares, against an average of 58K per 90 days earlier in the period. Most of it was Oguzhan Atay (102K shares in the last 90 days) and David Tsao (63K shares in the last 90 days); 100% of these sales were under disclosed plans.Oguzhan Atay: largest recent sale, Aug 5, 2026 · David Tsao: largest recent sale, Aug 25, 2026

A share of stake is shown for 0 of the 6 officers and directors who sold. 13 are left out

i
Left out: David Tsao, Oguzhan Atay, Shan Sakakibara, Bosch ten, Nancy Johnson, Thomas Lynch, Thomas Bremner, Krishna Kolluri, John Lister, Firat Ileri, Ross Taylor, Akshay Rai and Anthony Pagano (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Oguzhan Atay
Chairman and CEO, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$23.0MDisclosed plan
David Tsao
Chief Technology Officer, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$11.0MDisclosed plan
Thomas Lynch
General Counsel, Chief Compliance Officer and Secretary
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$5.9MDisclosed plan
Nancy Johnson
Senior Vice President of Sales and Commercial Operations
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.3MDisclosed plan
Shan Sakakibara
Chief Product Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.2MDisclosed plan
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planOne dollar scale for every month; the tallest bar is labeled
OctNovDecJanFebMarAprMayJun 2026: $9.4M under a disclosed planJunJul 2026: $12.8M under a disclosed planJulAug 2026: $10.7M under a disclosed planAugSep 2026: $13.1M under a disclosed plan$13.1MSepOct 2026: $2.5M under a disclosed planOct

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026
Oct 5, 20262 executives sold 23K shares ($2.5M) under a disclosed trading plan. 20K shares came in from vesting or option exercises the same day, so their combined holdings fell by 2.8K net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
David Tsao
Chief Technology Officer, Director
20,000$108.15n/an/aOct 5, 2026Oct 7, 2026
Bosch ten
SVP of Laboratory Operations
2,834$105.15n/an/aOct 5, 2026Oct 7, 2026
Sep 28, 2026Oguzhan Atay sold 11K shares ($1.3M) under a disclosed trading plan. 8.3K shares came in from vesting or option exercises the same day, so the holding fell by 2.7K net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Oguzhan Atay
Chairman and CEO, Director
10,999$120.64n/an/aSep 28, 2026Sep 30, 2026
Sep 24, 20262 executives sold 4.7K shares ($587K) under a disclosed trading plan. 3.3K shares came in from vesting or option exercises the same day, so their combined holdings fell by 1.4K net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
David Tsao
Chief Technology Officer, Director
3,333$125.00n/an/aSep 24, 2026Sep 28, 2026
Bosch ten
SVP of Laboratory Operations
1,416$120.00n/an/aSep 24, 2026Sep 28, 2026
Sep 21, 2026Bosch ten sold 1.4K shares ($151K) under a disclosed trading plan.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Bosch ten
SVP of Laboratory Operations
1,416$106.61n/an/aSep 21, 2026Sep 23, 2026
Sep 17, 2026Thomas Lynch sold 35K shares ($3.9M) under a disclosed trading plan. 35K shares came in from vesting or option exercises the same day, so the holding rose by 0 net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Thomas Lynch
General Counsel, Chief Compliance Officer and Secretary
35,112$110.33n/an/aSep 17, 2026Sep 21, 2026
Show all 6 events
Sep 14, 2026Oguzhan Atay sold 30K shares ($3.0M) under a disclosed trading plan. 25K shares came in from vesting or option exercises the same day, so the holding fell by 5.3K net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Oguzhan Atay
Chairman and CEO, Director
30,331$99.91n/an/aSep 14, 2026Sep 16, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Outside holders, reported separately

Humming Bird Ventures Management NV, NeoTribe Ventures I, L.P. and Firat Ileri and 2 more reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the BillionToOne, Inc. CEO selling stock?

Yes. Oguzhan Atay sold 192K shares ($23.0M) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are BillionToOne, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 100% of sales by value ran under 10b5-1 trading plans disclosed in the filings. A trading plan schedules sales in advance.

Are any BillionToOne, Inc. insiders buying?

Yes. 2 officers or directors reported 6 purchases in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Oguzhan Atay
Chairman and CEO, Director
$23.0M
192K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
David Tsao
Chief Technology Officer, Director
$11.0M
103K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Thomas Lynch
General Counsel, Chief Compliance Officer and Secretary
$5.9M
55K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Nancy Johnson
Senior Vice President of Sales and Commercial Operations
$3.3M
29K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Shan Sakakibara
Chief Product Officer
$3.2M
28K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Bosch ten
SVP of Laboratory Operations
$2.0M
18K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan

Board members representing outside shareholders, reported separately: Firat Ileri, Krishna Kolluri, Thomas Bremner. Details

Outside holder, reported separately: Humming Bird Ventures Management NV (a 10% owner, not part of management). No open-market sales reported in the period. Latest filing

Outside holder, reported separately: NeoTribe Ventures I, L.P. (a 10% owner, not part of management). No open-market sales reported in the period. Latest filing

The full ownership picture0 of 13 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 13, 2025SoldHeld Oct 13, 2026Still held
David Tsao
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for David Tsao are complete.
Chief Technology Officer, Director
n/a−103Kn/an/a
Vesting, gifts, unvested awards and holding lines for David Tsao

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for David Tsao are complete; balances and unit counts will be added when the check is finished.

−20Kgifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
536,667$2.80Jun 7, 2031$54.9M
501,551$20.04Jun 18, 2035$42.7M

Estimate: options held × ($105.15 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Oguzhan Atay
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Oguzhan Atay are complete.
Chairman and CEO, Director
n/a−192Kn/an/a
Vesting, gifts, unvested awards and holding lines for Oguzhan Atay

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Oguzhan Atay are complete; balances and unit counts will be added when the check is finished.

−30Kgifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
493,629$2.80Jun 7, 2031$50.5M
1,003,102$20.04Jun 18, 2035$85.4M

Estimate: options held × ($105.15 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Shan Sakakibara
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Shan Sakakibara are complete.
Chief Product Officer
n/a−28Kn/an/a
Vesting, gifts, unvested awards and holding lines for Shan Sakakibara

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Shan Sakakibara are complete; balances and unit counts will be added when the check is finished.

−3.5Kgifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
50,000$2.80Jun 7, 2031$5.1M
35,826$8.65Jan 18, 2033$3.5M
61,174$30.78Sep 30, 2035$4.5M

Estimate: options held × ($105.15 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Bosch ten
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Bosch ten are complete.
SVP of Laboratory Operations
n/a−18Kn/an/a
Vesting, gifts, unvested awards and holding lines for Bosch ten

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Bosch ten are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
28,500$0.56Sep 30, 2030$3.0M
20,000$2.80Jun 7, 2031$2.0M
15,000$10.92Aug 1, 2032$1.4M
30,000$15.17Jun 5, 2034$2.7M
37,500$30.78Sep 30, 2035$2.8M

Estimate: options held × ($105.15 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Nancy Johnson
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Nancy Johnson are complete.
Senior Vice President of Sales and Commercial Operations
n/a−29Kn/an/a
Vesting, gifts, unvested awards and holding lines for Nancy Johnson

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Nancy Johnson are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
125,000$0.45Aug 20, 2029$13.1M
25,000$2.80Jun 7, 2031$2.6M
40,000$11.55Oct 17, 2033$3.7M
20,000$17.12Oct 16, 2034$1.8M
40,000$30.78Sep 30, 2035$3.0M

Estimate: options held × ($105.15 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Thomas Lynch
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Thomas Lynch are complete.
General Counsel, Chief Compliance Officer and Secretary
n/a−55Kn/an/a
Vesting, gifts, unvested awards and holding lines for Thomas Lynch

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Lynch are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
48,974$8.65Jan 18, 2033$4.7M
4,063$11.55Oct 17, 2033$380K
5,417$17.12Oct 16, 2034$477K
30,834$30.78Sep 30, 2035$2.3M

Estimate: options held × ($105.15 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Thomas Bremner
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Thomas Bremner are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Thomas Bremner

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Bremner are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Krishna Kolluri
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Krishna Kolluri are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Krishna Kolluri

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Krishna Kolluri are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
John Lister
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for John Lister are complete.
Chief Administrative Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for John Lister

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for John Lister are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
133,300$23.15Aug 4, 2035$10.9M

Estimate: options held × ($105.15 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Firat Ileri
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Firat Ileri are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Firat Ileri

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Firat Ileri are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Ross Taylor
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Ross Taylor are complete.
Chief Financial Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Ross Taylor

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Ross Taylor are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
175,000$11.55Jan 13, 2034$16.4M
75,000$30.78Sep 30, 2035$5.6M

Estimate: options held × ($105.15 − strike price), using the most recent insider trade price on Form 4 (Oct 5, 2026), not a market close.

Akshay Rai
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Akshay Rai are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Akshay Rai

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Akshay Rai are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Anthony Pagano
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Anthony Pagano are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Anthony Pagano

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Anthony Pagano are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for BillionToOne, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$48.4M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $48.4M across 425,729 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Purchases · 2 buyers (6 trades)

2 officers and directors bought shares in this period, in 6 trades(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 6 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Oguzhan Atay
Chairman and CEO, Director
192K$23.0M100%47%Jun 8, 2026 to Sep 28, 2026
David Tsao
Chief Technology Officer, Director
103K$11.0M100%23%Jun 15, 2026 to Oct 5, 2026
Thomas Lynch
General Counsel, Chief Compliance Officer and Secretary
55K$5.9M100%12%Sep 8, 2026 to Sep 17, 2026
Nancy Johnson
Senior Vice President of Sales and Commercial Operations
29K$3.3M100%7%Jun 8, 2026 to Jul 16, 2026
Shan Sakakibara
Chief Product Officer
28K$3.2M100%7%Jun 8, 2026 to Jul 31, 2026
Bosch ten
SVP of Laboratory Operations
18K$2.0M100%4%Jun 15, 2026 to Oct 5, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$9.4M$9.4M$0$0
Jul 2026$12.8M$12.8M$0$0
Aug 2026$10.7M$10.7M$0$0
Sep 2026$13.1M$13.1M$0$0
Oct 2026$2.5M$2.5M$0$0
Board members representing outside shareholders (3)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board memberHeld Oct 13, 2025SoldHeld Oct 13, 2026Still held
Firat Ileri
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Firat Ileri are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Firat Ileri

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Firat Ileri are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Krishna Kolluri
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Krishna Kolluri are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Krishna Kolluri

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Krishna Kolluri are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Thomas Bremner
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Thomas Bremner are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Thomas Bremner

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Bremner are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Krishna Kolluri: 1.34M shares were distributed in kind to the fund's own investors. These are distributions, not sales.

Known gaps and uncertainty13 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for BillionToOne, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology76 filings on record, 76 filed in the 12-month period, and how we read them

All 76 Forms 3, 4 and 5 on record for BillionToOne, Inc. (SEC CIK 2070849), filed from Nov 5, 2025 to Oct 7, 2026; 76 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.