Butterfly Network ex-director plans $3.2M sale
The notice separately reports a sale of 78,679 Class A shares on September 22, 2026, for $786,790.
Rhea-AI Filing Summary
Butterfly Network, Inc. (BFLY) is named in a Form 144 notice identifying Erica Schwartz, a former director, as proposing to sell 323,020 Class A shares, with an aggregate market value of $3,230,200. Fidelity Brokerage Services LLC is listed as broker, and the approximate sale date is September 23, 2026. The notice also reports that Schwartz sold 78,679 shares on September 22, 2026, for $786,790 during the past three months.
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Key Figures
Class A shares listed for sale: 323,020 shares
Aggregate market value: $3,230,200
Class A shares outstanding: 244,858,246 shares
+2 more
5 metrics
Class A shares listed for sale
323,020 shares
Approximate sale date September 23, 2026
Aggregate market value
$3,230,200
Shares listed for sale
Class A shares outstanding
244,858,246 shares
Number listed in the securities information
Class A shares sold
78,679 shares
Sale reported for September 22, 2026, during the past three months
Reported sale value
$786,790
Sale reported for September 22, 2026
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Restricted Stock Vesting"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Erica Schwartz"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
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