Director Sean Goodrich Exercises 1.1M Warrants at $11.50, Stake Drops to 10.28%
BRUN sits 70% above its 52-week low of $10.26.
Summary
Director Sean Goodrich exercised 1.1 million private placement warrants at $11.50 each, adding $12.67 million to Boost Run's cash reserves. His ownership stake fell to 10.28% from 12.65% due to the expanded share count.
Key Events · Ownership and Investor Activity · BRUN
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Warrant Exercise by Director
On August 19, 2026, Sean Goodrich exercised 1,101,968 private placement warrants at $11.50 per warrant, receiving 1,101,968 Class A shares.
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Cash Infusion to Company
The exercise generated approximately $12.67 million in cash proceeds for Boost Run (1,101,968 warrants × $11.50).
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Ownership Stake Declines
Goodrich's beneficial ownership fell to 10.28% (5,136,121 shares) from 12.65% reported in June, based on 49,954,423 shares outstanding as of August 17, 2026.
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Redemption Deadline Driver
The exercise was triggered by the company's July 27 warrant redemption notice, which set an August 20 deadline before unexercised warrants would be redeemed at $0.01.
Analysis · BRUN · Technology
A board member's $12.67 million cash infusion underscores confidence, yet the resulting dilution trims his ownership slice. On August 19, 2026, Director Sean Goodrich exercised 1,101,968 private placement warrants at $11.50 each, receiving an equal number of Class A shares. The move was prompted by the company's July 27 warrant redemption notice, which set an August 20 deadline before warrants would be redeemed at $0.01. Goodrich's beneficial ownership now stands at 5,136,121 shares, or 10.28% of the expanded 49.95 million share count — down from 12.65% reported in June, reflecting dilution from the company's recent warrant exercises and share issuances. The declining percentage stake reflects the broader capital structure changes at Boost Run.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.5% of the 1973 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.21%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BRUN was trading at $17.48 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $10.26 to $42.00. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.