Butterfly Network (NYSE: BFLY) insider files Form 144 after large share sales
Rhea-AI Filing Summary
Butterfly Network insider files to sell additional shares under Rule 144. A holder of Butterfly Network common stock plans to sell 193,293 shares through broker Jefferies on or about 12/12/2025, with an aggregate market value of $596,270.00. The notice states that 226,200,000 common shares were outstanding.
The 193,293 shares were originally acquired on 08/31/2014 via a private cash purchase from Butterfly Network Inc. The same seller has already completed multiple open‑market sales of common stock over the prior three months, including 1,110,579 shares on 11/24/2025 for gross proceeds of $3,503,032.70 and 769,327 shares on 12/08/2025 for $2,517,776.00.
Positive
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Negative
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Insights
Form 144 shows continued insider selling in Butterfly Network but is an administrative disclosure.
The filing describes a planned Rule 144 sale of 193,293 shares of Butterfly Network common stock through Jefferies, with an indicated aggregate market value of $596,270.00. These shares were originally acquired in a private cash purchase from the company on 08/31/2014, indicating a long holding period before these dispositions.
The notice also lists multiple prior sales in the last three months by the same seller, with individual transactions such as 1,110,579 shares sold on 11/24/2025 for gross proceeds of $3,503,032.70 and 769,327 shares sold on 12/08/2025 for $2,517,776.00. Rule 144 requires this type of disclosure when affiliates sell significant volumes, but the filing itself does not state motives or future intentions and does not change Butterfly Network’s operations or capital structure directly.