[144] Butterfly Network, Inc. SEC Filing

Rhea-AI Filing Summary

Butterfly Network (BFLY) filed a Form 144 notifying the proposed sale of 1,724 Class A shares through Fidelity Brokerage Services on 09/03/2025 with an aggregate market value of $2,622.20. The filing states these shares were acquired on 09/02/2025 as restricted stock vesting and received as compensation. The filing also lists prior dispositions by the same seller in the past three months: 1,724 shares on 06/03/2025 (gross proceeds $3,933.31), 8,671 shares on 07/02/2025 ($17,083.60), and 3,118 shares on 08/04/2025 ($4,521.72). The notice includes the signers representation that no undisclosed material adverse information is known.

Positive

• Disclosure provided per Rule 144 including broker, share count, and acquisition details
• Securities were acquired via restricted stock vesting and the filing states compensation as the consideration
• Prior sales disclosed for the past three months, totaling 13,513 shares with gross proceeds of $25,538.63

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider notice for recent restricted shares being sold; amounts are small relative to total outstanding shares.

The Form 144 documents a planned sale of 1,724 Class A shares following restricted stock vesting the prior day. The transaction is disclosed under Rule 144 and executed via a broker, providing market transparency. Historical disposals by the same seller over the past three months total 13,513 shares with gross proceeds of $25,538.63. Given the issuers reported outstanding share count of 225,314,153, these transactions represent an immaterial portion of the float and are consistent with routine post-vesting liquidity by insiders. No earnings, litigation, or other financial metrics are provided in this notice.

Corporate Governance Expert

TL;DR: The filing meets disclosure requirements; it records compensation-related vesting and repeated insider sales, offering governance transparency.

The Form 144 includes required information about the acquisition (restricted stock vesting), the nature of payment (compensation), and broker details, which supports compliance with Rule 144 and insider-trading rules. The signers attestation regarding absence of undisclosed material adverse information is present. The filing does not include CIK or contact details in the provided text, so registry or contact validation cannot be confirmed from this excerpt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	1724	2622.20	225314153	09/03/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	09/02/2025	Restricted Stock Vesting	Issuer			1724	09/02/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Nicholas M. Caezza 1600 District Avenue Burlington MA 01803	Class A	06/03/2025	1724	3933.31
Nicholas M. Caezza 1600 District Avenue Burlington MA 01803	Class A	07/02/2025	8671	17083.60
Nicholas M. Caezza 1600 District Avenue Burlington MA 01803	Class A	08/04/2025	3118	4521.72

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Butterfly Network's (BFLY) Form 144 report?

The Form 144 reports a proposed sale of 1,724 Class A shares to occur on 09/03/2025 via Fidelity Brokerage Services with an aggregate market value of $2,622.20.

How were the 1,724 Class A shares acquired according to the filing?

The filing states the shares were acquired on 09/02/2025 through restricted stock vesting and the nature of payment is listed as compensation.

Has the seller made other sales recently in BFLY?

Yes; the filing discloses sales by Nicholas M. Caezza of 1,724 shares on 06/03/2025, 8,671 shares on 07/02/2025, and 3,118 shares on 08/04/2025, with combined gross proceeds of $25,538.63.

What share count does the filing list as outstanding for BFLY?

The filing lists 225,314,153 shares outstanding for the Class A security.

Does the document assert any undisclosed material information about Butterfly Network?

The signer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.