Butterfly Network (NYSE: BFLY) holder files to sell 5.07M Class A shares
Rhea-AI Filing Summary
Butterfly Network Inc. is the subject of a Form 144 notice covering a proposed sale of up to 5,070,000 shares of Class A Common Stock, to be sold through Jefferies on the NYSE beginning on July 21, 2026. The notice lists an aggregate market value for the proposed sale of $235,200,000.
The filing identifies prior sales of Class A shares by Dr. Jonathan Rothberg during July 2026, including 815,632 shares for $6,295,000 on July 14, 1,730,319 shares for $12,670,000 on July 15, 1,467,501 shares for $10,400,000 on July 16, 1,195,857 shares for $7,880,000 on July 17, and 1,177,276 shares for $7,790,000 on July 20.
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Key Figures
Shares proposed for sale: 5,070,000 shares
Aggregate market value of proposed sale: $235,200,000
Sale on July 14, 2026: 815,632 shares for $6,295,000.00
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7 metrics
Shares proposed for sale
5,070,000 shares
Class A Common Stock covered by the Form 144 notice
Aggregate market value of proposed sale
$235,200,000
Value associated with 5,070,000 Class A shares
Sale on July 14, 2026
815,632 shares for $6,295,000.00
Class A shares sold by Dr. Jonathan Rothberg
Sale on July 15, 2026
1,730,319 shares for $12,670,000.00
Class A shares sold by Dr. Jonathan Rothberg
Sale on July 16, 2026
1,467,501 shares for $10,400,000.00
Class A shares sold by Dr. Jonathan Rothberg
Sale on July 17, 2026
1,195,857 shares for $7,880,000.00
Class A shares sold by Dr. Jonathan Rothberg
Sale on July 20, 2026
1,177,276 shares for $7,790,000.00
Class A shares sold by Dr. Jonathan Rothberg
Key Terms
Form 144, Class A Common Stock, aggregate market value, Private Placement
4 terms
Form 144 regulatory
"Butterfly Network Inc. is the subject of a Form 144 notice covering a proposed sale"
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.
Class A Common Stock financial
"proposed sale of up to 5,070,000 shares of Class A Common Stock, to be sold"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
aggregate market value financial
"The notice lists an aggregate market value for the proposed sale of $235,200,000"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Private Placement financial
"It references Class A securities issued via Private Placement on May 31, 2012"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Butterfly Network (BFLY) report in this Form 144 filing?
The filing reports a proposed sale of up to 5,070,000 shares of Butterfly Network Class A Common Stock, with an indicated aggregate market value of $235,200,000, to be sold through Jefferies on the NYSE.
Does the Butterfly Network (BFLY) Form 144 mention any earlier issuance of the securities?
Yes. It references Class A securities issued via Private Placement on May 31, 2012 by Butterfly Network Inc., which provides background on how these securities originally came to be held.