Director B. Luke Weil Discloses 12.25% Stake, Details Recent Share Transfers and Earnout Shares
BRUN has more than doubled off its 52-week low of $10.01 on elevated volume (2.0× avg).
Summary
Director B. Luke Weil has filed an updated Schedule 13D, disclosing a 12.25% beneficial ownership stake in Boost Run Inc. and detailing recent share transfers and the receipt of earnout shares.
Key Events · Ownership and Investor Activity · BRUN
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Significant Beneficial Ownership
Director B. Luke Weil reported a beneficial ownership of 3,906,023 shares of Class A Common Stock, representing 12.25% of the outstanding shares. This includes direct holdings, shares attributable through Willow Lane Sponsor, LLC, potential shares from a consulting agreement, and shares underlying private warrants.
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Willow Lane Sponsor's Stake
Willow Lane Sponsor, LLC, managed by Mr. Weil, reported a 6.39% beneficial ownership stake, consisting of 2,038,632 shares retained after a recent transfer, including 1,125,000 Sponsor Earnout Shares.
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Recent Share Transfer
On June 9, 2026, Willow Lane Sponsor, LLC transferred 1,272,885 shares of Class A Common Stock and 1,101,986 Private Warrants to Goodrich ILMJS LLC, as part of a previously established Transfer Agreement.
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Receipt of Earnout Shares
Mr. Weil and the Sponsor received 1,125,000 Sponsor Earnout Shares on June 11, 2026, based on performance thresholds related to the Class A Common Stock's volume-weighted average price.
Analysis · BRUN · Technology
This Schedule 13D provides an updated and detailed disclosure of Director B. Luke Weil's significant beneficial ownership in Boost Run Inc., totaling 12.25% of the Class A Common Stock. The filing clarifies the composition of his stake, including shares held directly, through Willow Lane Sponsor, LLC, potential shares from a consulting agreement, and shares underlying private warrants. It also details recent transactions, specifically the transfer of 1,272,885 shares and 1,101,986 private warrants to Goodrich ILMJS LLC on June 9, 2026, and the receipt of 1,125,000 Sponsor Earnout Shares on June 11, 2026. This level of detail is important for understanding the full scope of a key insider's holdings and recent movements, especially following the company's recent SPAC merger and significant contract announcements.
At the time of this filing, BRUN was trading at $36.95 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.3B. The 52-week trading range was $10.01 to $42.00. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.