Butterfly Network Insider Notice: 13,803 Shares from Vesting to Be Sold
Rhea-AI Filing Summary
Butterfly Network, Inc. (BFLY) reported a Form 144 notice for the proposed sale of 13,803 Class A shares through Fidelity Brokerage Services LLC on the NYSE with an aggregate market value of $20,740.39. The shares represent a small fraction of the company's outstanding 225,314,153 Class A shares. The shares were acquired on 09/03/2025 through restricted stock vesting and were paid as compensation; the approximate date of sale is listed as 09/04/2025. No other sales in the past three months were reported by the same person.
Positive
- Transparent disclosure of an intended sale under Rule 144, including broker and approximate sale date
- Shares were acquired via restricted stock vesting and paid as compensation, clearly stated in the filing
- No securities sold in the past three months by the same person, as reported
Negative
- None.
Insights
TL;DR: Small, routine insider sale of vested compensation; immaterial relative to total outstanding shares.
This Form 144 documents a planned sale of 13,803 Class A shares valued at $20,740.39, acquired by restricted stock vesting one day earlier and designated as compensation. Relative to the reported 225,314,153 Class A shares outstanding, the size of the proposed sale is negligible, suggesting limited market impact. The filing indicates compliance with Rule 144 procedures by notifying the market of an intended sale through a broker (Fidelity).
TL;DR: The filing shows procedural disclosure of employee/insider equity monetization; documentation appears complete for Rule 144 purposes.
The notice identifies the securities as resulting from restricted stock vesting and lists the broker and sale date, satisfying the informational requirements shown in the form. The filer represents no material nonpublic information is known. No past three-month sales were reported, which simplifies aggregation rules applicable under Rule 144.