Butterfly Network (BFLY) insider files to sell 351,617 shares under Rule 144
Rhea-AI Filing Summary
Butterfly Network Inc. insider Dr. Jonathan Rothberg has filed a notice to sell additional common shares under Rule 144. The filing covers 351,617 common shares to be sold through Jefferies LLC on the NYSE, with an aggregate market value of $1,416,805.00, while 226,200,000 common shares are outstanding. The shares were originally acquired on 08/31/2014 in a private purchase from the company, paid in cash.
The notice also lists a series of recent open-market sales by Dr. Rothberg over the past three months, including multiple transactions in November and December 2025, such as 1,110,579 common shares sold on 11/24/2025 for gross proceeds of $3,503,032.70. By signing the notice, the seller represents that he does not know of any material adverse, non-public information about Butterfly Network’s operations.
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FAQ
What does the BFLY Rule 144 filing disclose about upcoming insider sales?
The notice states that Dr. Jonathan Rothberg intends to sell 351,617 Butterfly Network common shares through Jefferies LLC on the NYSE, with an aggregate market value of $1,416,805.00 and an approximate sale date of 01/06/2026.
How many Butterfly Network (BFLY) shares are currently outstanding?
The filing reports that Butterfly Network has 226,200,000 common shares outstanding in connection with this planned Rule 144 sale.
Who is selling Butterfly Network (BFLY) shares in this Rule 144 notice?
The seller identified is Dr. Jonathan Rothberg, who previously acquired the shares in a private purchase from Butterfly Network Inc. on 08/31/2014, paid in cash.
On which exchange will the Butterfly Network (BFLY) shares be sold under this notice?
The Rule 144 filing indicates that the 351,617 common shares are planned to be sold on the NYSE, with Jefferies LLC acting as broker.
What recent Butterfly Network (BFLY) insider sales by Dr. Rothberg are listed?
The notice lists multiple recent sales of Butterfly Network common stock by Dr. Rothberg, including transactions such as 1,110,579 shares sold on 11/24/2025 for gross proceeds of $3,503,032.70 and several additional sales in November and December 2025.
What representation does the seller make in the Butterfly Network (BFLY) Rule 144 notice?
By signing the notice, the seller represents that he does not know any material adverse information about Butterfly Network’s current or prospective operations that has not been publicly disclosed, and is reminded that intentional misstatements or omissions may constitute federal criminal violations.