Butterfly Network (NYSE: BFLY) holder files to sell 452,729 shares under Rule 144
Rhea-AI Filing Summary
A holder of Butterfly Network Inc. common stock has filed a notice of intent to sell 452,729 shares through broker Jefferies on the NYSE, with an aggregate market value of $1,874,252.78. The filing states that 226,200,000 common shares are outstanding; this is a baseline figure, not the amount being sold. The seller acquired these 452,729 shares in a private purchase from Butterfly Network Inc. on 08/31/2014, paid in cash. The notice also lists multiple prior sales of Butterfly Network common stock over the past three months by the same seller, each with specified share amounts, dates, and gross proceeds.
Positive
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Insights
Large Rule 144 sale notice, but limited direct implications for Butterfly Network’s business.
The filing shows a holder of Butterfly Network Inc. common stock intends to sell 452,729 shares through Jefferies on the NYSE, with an aggregate market value of $1,874,252.78. The shares come from a cash, private purchase from Butterfly Network Inc. dated 08/31/2014, which indicates they have been held for a long period before this planned sale.
The document also lists a series of recent sales of Butterfly Network common stock over roughly three months, including transactions such as 1,110,579 shares sold on 11/24/2025 for gross proceeds of $3,503,032.70 and 769,327 shares sold on 12/08/2025 for $2,517,776.00. These are sales by an existing holder rather than new issuance by the company, so they do not directly change the company’s capital raised. The impact on investors depends mainly on how the market absorbs these shares, while the company’s operations and financial results are not addressed in this notice.
FAQ
What does the latest Form 144 for BFLY disclose?
The notice discloses that a holder of Butterfly Network Inc. (BFLY) common stock plans to sell 452,729 shares through Jefferies on the NYSE, with an aggregate market value of $1,874,252.78.
Does the Form 144 show other recent sales of Butterfly Network (BFLY) stock by the same seller?
Yes. The notice lists multiple sales of Butterfly Network common stock over the past three months by the same seller, each with specific dates, share amounts, and gross proceeds, such as 1,110,579 shares sold on 11/24/2025 and 769,327 shares sold on 12/08/2025.