MBD Advisors, L.L.C.

CIK 1589295 · last filed 2023-05-10

MBD Advisors, L.L.C. is a corporate insider who has filed 8 SEC Form 4 insider transactions across 4 companies since 2014. The most recent filing shows the insider sold $1.07B of PRVA on May 10, 2023. Across all open-market trades the lifetime net is −$2.21B, making them a net seller over the disclosed history. Current disclosed insider exposure totals $89.3M across reported positions.

"Disclosed insider exposure" sums this person's most-recently-reported share counts across each company they're an insider in, multiplied by the current underlying price. It is not net worth — it misses retail holdings, private investments, real estate, index funds, and any company where the person isn't an SEC-reporting insider. For informational purposes only.

Disclosed Exposure

$89.26M

Companies

4

Total Filings

8

Lifetime Open-Market Net

-$2.21B

Holdings By Company

Latest on-record share count from this person's most recent non-derivative Form 4 transaction in each company. Disclosed exposure = shares × current underlying price.

Symbol	Role	Shares	Price	Disclosed Exposure	Lifetime OM Net	Filings	Latest Filed
PRVA	10%+ Owner	110,337	$24.94	$2.75M	-$1.58B	4	2023-05-10
SPT	10%+ Owner	10,378,908	$8.34	$86.51M	-$364	1	2020-11-12
Edgio, Inc. (LLNW) Delisted	10%+ Owner	15,714,190	$2.46	$38.66M	-$652.50M	1	2017-12-07
T2 Biosystems, Inc. (TTOO) Delisted	10%+ Owner	831	$0.00	$2	$16.82M	2	2015-12-11

Recent Filings

8 filings

Insider activity across all companies, newest first. Form 4 rows are post-trade confirmations (buys, sells, grants, exercises). Notice (144) rows are pre-trade notices of intent to sell restricted or control stock under Rule 144 — they may not all execute. Compare adjacent dates to see which notices became actual sales.

Filed	Symbol	Action	Net Shares	Net $	Link
2023-05-10	PRVA	Sell (S)	−49,638,946	-$1.07B	EDGAR
2022-11-22	PRVA	Sell (S)	−3,186,888	-$71.90M	EDGAR
2021-11-24	PRVA	Sell (S)	−2,505,732	-$69.40M	EDGAR
2021-05-05	PRVA	Mixed	−16,700,000	-$361.05M	EDGAR
2020-11-12	SPT	Mixed	−2,803,758	-$140.44M	EDGAR
2017-12-07	Edgio, Inc. (LLNW) Delisted	Sell (S)	−150,000,000	-$652.50M	EDGAR
2015-12-11	T2 Biosystems, Inc. (TTOO) Delisted	Buy (P)	+700,000	$6.83M	EDGAR
2014-08-14	T2 Biosystems, Inc. (TTOO) Delisted	Mixed	+3,457,240	$10.00M	EDGAR

Form 4 codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (see filing footnote). Only P / S codes carry directional signal.
Notice (144 / 144/A): Form 144 is a notice of intent to sell restricted/control stock under Rule 144, filed before the sale; 144/A is an amendment. Many notices are pre-scheduled under Rule 10b5-1 plans. A Form 4 with code S typically follows within a few days when the planned sale executes; missing follow-up Form 4s suggest the notice was cancelled or modified.