Butterfly Network (BFLY) affiliate reports 452,299-share disposals, RSUs listed
Rhea-AI Filing Summary
Butterfly Network, Inc. provided Form 144 notice of proposed sales of Class A common stock by an affiliate. The filing lists RSU issuances dated 11/29/2024, 08/25/2025, and 09/03/2025 for 52,587, 50,000, and 7,413 shares respectively. The filing also reports three transactions by Steve Cashman in the past three months: 147,518 shares on 04/29/2026 for $724,151.11, 200,000 shares on 04/16/2026 for $1,044,482.65, and 104,781 shares on 06/05/2026 for $520,173.67.
Positive
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Negative
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Insights
Form 144 lists proposed affiliate sales and recent disposals by an affiliate.
The notice lists specific RSU issuances and recent transactions by an affiliate (Steve Cashman). Form 144 is an administrative disclosure that identifies shares proposed for sale by an affiliate and the broker of record.
Timing and execution details beyond the listed dates and amounts are not provided; subsequent trade confirmations or resale reports would show completion.
Reported transactions show material share movement by an affiliate in April–June 2026.
The filing itemizes three cash amounts and share counts for sales on 04/16/2026, 04/29/2026, and 06/05/2026, which together total 452,299 shares reported as sold in the excerpt. The broker listed is Wells Fargo Clearing Services.
Execution method, remaining holdings, and whether sales exhausted the affiliate's position are not disclosed in the excerpt.