Butterfly Network (BFLY) insider schedules sale of Class A stock after vesting
Rhea-AI Filing Summary
Butterfly Network insider Joseph M. Devivo filed notice of intent to sell 68,346 Class A shares of common stock, expected from restricted stock vesting on December 17, 2024. The shares are held at Fidelity Brokerage Services and are listed on the NYSE.
Positive
- None.
Negative
- None.
Key Figures
Planned shares to be sold: 68,346 shares
Prior sale on July 7, 2026: 204,725 shares for $1,611,820.40
Prior sale on July 20, 2026: 211,798 shares for $1,389,352.52
+2 more
5 metrics
Planned shares to be sold
68,346 shares
Class A common stock tied to restricted stock vesting on December 17, 2024
Prior sale on July 7, 2026
204,725 shares for $1,611,820.40
Class A shares sold during the past three months
Prior sale on July 20, 2026
211,798 shares for $1,389,352.52
Class A shares sold during the past three months
Brokerage
Fidelity Brokerage Services LLC
Holder of the Class A shares to be sold, located in Smithfield, RI
Exchange
NYSE
Listing venue for the Class A common stock
Key Terms
Form 144, Restricted Stock Vesting, compensation, Class A
4 terms
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Class A | 12/17/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
compensation financial
"12/17/2024 | Compensation"
Class A financial
"Class A | Fidelity Brokerage Services LLC 900 Salem Street"
Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Butterfly Network (BFLY) disclose in this Form 144 filing?
Butterfly Network reports that insider Joseph M. Devivo intends to sell 68,346 Class A shares of common stock related to restricted stock vesting scheduled for December 17, 2024.