Butterfly Network: Joseph Devivo proposes share sale
The notice also lists three sales of Class A shares by Joseph Devivo during the preceding three months.
Rhea-AI Filing Summary
Butterfly Network, Inc. (BFLY) lists Joseph Devivo’s proposed sale of 3,169 Class A shares, with an aggregate market value of $31,756.73. The notice lists three sales during the preceding three months: 211,798 shares for $1,389,352.52 on July 20, 2026; 68,346 shares for $684,082.36 on August 10, 2026; and 2,811 shares for $28,110.00 on September 22, 2026.
Positive
- None.
Negative
- None.
Key Figures
Proposed sale: 3,169 Class A shares
Aggregate market value: $31,756.73
Shares sold: 211,798 shares
+5 more
8 metrics
Proposed sale
3,169 Class A shares
Joseph Devivo; notice dated September 23, 2026
Aggregate market value
$31,756.73
Proposed sale of Class A shares
Shares sold
211,798 shares
July 20, 2026
Reported sale amount
$1,389,352.52
Class A shares sold July 20, 2026
Shares sold
68,346 shares
August 10, 2026
Reported sale amount
$684,082.36
Class A shares sold August 10, 2026
Shares sold
2,811 shares
September 22, 2026
Reported sale amount
$28,110.00
Class A shares sold 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 Joseph Devivo"
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.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.