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Butterfly Network (BFLY) affiliate reports 452,299-share disposals, RSUs listed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

RSUs issued 11/29/2024 52,587 shares RSU issuance dated <date>11/29/2024</date>
RSUs issued 08/25/2025 50,000 shares RSU issuance dated <date>08/25/2025</date>
RSUs issued 09/03/2025 7,413 shares RSU issuance dated <date>09/03/2025</date>
Sale on 04/16/2026 200,000 shares Sale by Steve Cashman on <date>04/16/2026</date>
Proceeds 04/16/2026 $1,044,482.65 Proceeds reported for 04/16/2026 transaction
Sale on 04/29/2026 147,518 shares Sale by Steve Cashman on <date>04/29/2026</date>
Sale on 06/05/2026 104,781 shares Sale by Steve Cashman on <date>06/05/2026</date>
Total reported shares (excerpt) 452,299 shares Sum of the three listed transactions in the excerpt
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
RSUs financial
"Class A common | 11/29/2024 | RSUs | Issuer"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Broker of record regulatory
"Class A common | Wells Fargo Clearing Services 1 North Jefferson Avenue"
A broker of record is the single broker or firm officially authorized to manage an investor’s account, execute trades and receive related communications and fees on behalf of that account. It matters because whoever holds that designation controls who handles orders, gets paid for advice or commissions, and can access account information—similar to choosing a primary agent to handle your taxes or a primary doctor to coordinate care, which affects costs and how decisions are made.
Proceeds financial
"04/16/2026 | 200000 | 1044482.65"
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Butterfly Network's (BFLY) Form 144 disclose?

The Form 144 discloses proposed sales of Class A common stock and RSU issuances. It lists RSUs of 52,587, 50,000, and 7,413 on 11/29/2024, 08/25/2025, and 09/03/2025 respectively.

How many shares did Steve Cashman report selling in recent months for BFLY?

Steve Cashman reported three transactions totaling 452,299 shares across April and June 2026. Individual reported sales: 200,000, 147,518, and 104,781 on listed dates in the excerpt.

What cash proceeds are shown for the reported BFLY sales?

The excerpt reports cash proceeds of $1,044,482.65, $724,151.11, and $520,173.67 tied to the three listed transactions by Steve Cashman in April–June 2026.

Does the Form 144 confirm the sales were completed for BFLY?

Form 144 is a notice of proposed sales and does not by itself confirm completion. The excerpt lists proposed or reported sale dates and amounts; final trade confirmations or subsequent filings would indicate completed sales.