Butterfly Network (BFLY) insider files to sell 14,911 shares after prior sales
Rhea-AI Filing Summary
Butterfly Network Inc. insider Dr. Jonathan Rothberg filed a notice to sell 14,911 shares of common stock through Jefferies on the NYSE, with an approximate sale date of 12/26/2025. These shares were originally acquired on 08/31/2014 in a private purchase from Butterfly Network Inc. for cash. The filing also lists multiple recent sales of Butterfly Network common stock by Dr. Rothberg over the prior three months, with individual transactions ranging from tens of thousands to more than one million shares and generating six- to seven-figure gross proceeds. By signing the notice, the seller represents that he is not aware of any undisclosed material adverse information about Butterfly Network’s current or prospective operations.
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Insights
Form 144 shows ongoing insider share sales, signaling a significant liquidity move.
This notice indicates that Dr. Jonathan Rothberg plans to sell 14,911 shares of Butterfly Network Inc. common stock through Jefferies on the NYSE, with an approximate sale date of 12/26/2025. The shares were acquired via a cash private purchase from the company on 08/31/2014, so this transaction reflects a monetization of a long-held position rather than a recent grant.
The disclosure also details numerous sales of Butterfly Network common stock by Dr. Rothberg in the past three months, each identifying the trade date, share amount, and gross proceeds in USD. These repeated transactions suggest a systematic reduction in his holding, though the filing does not state his remaining ownership or any trading plan structure. The certification language confirms that, in connection with these sales, he represents that he does not know of any material adverse, nonpublic information about the company’s operations.
FAQ
What does this Form 144 filing for Butterfly Network (BFLY) disclose?
The filing discloses that Dr. Jonathan Rothberg plans to sell 14,911 shares of Butterfly Network Inc. common stock through Jefferies on the NYSE, with an approximate sale date of 12/26/2025.
Which broker and exchange are involved in this Butterfly Network (BFLY) Form 144 sale?
The planned sale of 14,911 common shares is to be executed through Jefferies, located at 520 Madison Ave, New York, NY 10022, on the NYSE.
What recent Butterfly Network (BFLY) stock sales by Dr. Jonathan Rothberg are listed in this Form 144?
The filing lists multiple prior three-month sales of Butterfly Network common stock by Dr. Rothberg, each with trade dates in November and December 2025. Each entry specifies the number of shares sold and the gross proceeds for that transaction.
Does the Butterfly Network (BFLY) Form 144 include any representation about inside information?
Yes. By signing, 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.