STOCK TITAN

Director Steven Cashman sells Class A shares (BFLY) in Form 144 notice

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

Rhea-AI Filing Summary

Steven Cashman filed a Notice of Proposed Sale on Form 144 reporting transactions in Class A common shares. The filing lists three dispositions: $1,044,482.65 for 200,000 shares on 04/16/2026, $724,151.11 for 147,518 shares on 04/29/2026, and $520,173.67 for 104,781 shares on 06/05/2026.

The filing also shows two issuances by the issuer labeled Restricted Stock Vesting: 103,645 shares vested on 03/01/2026 and 81,035 shares vested on 04/28/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 discloses proposed dispositions by an insider and recent restricted stock vestings.

The excerpt lists three reported sales by Steven Cashman with exact share counts and gross proceeds for each transaction dated 04/16/2026, 04/29/2026, and 06/05/2026. It also records two issuer vesting events described as Restricted Stock Vesting on 03/01/2026 and 04/28/2026.

These entries are administrative disclosures required under resale rules; cash‑flow treatment and any trading plan attribution are not provided in the excerpt. Subsequent filings may clarify whether dispositions were executed under a trading plan or were open‑market sales.

Sale on 04/16/2026 200,000 shares proceeds <money>$1,044,482.65</money>
Sale on 04/29/2026 147,518 shares proceeds <money>$724,151.11</money>
Sale on 06/05/2026 104,781 shares proceeds <money>$520,173.67</money>
Restricted stock vesting 03/01/2026 103,645 shares labeled <i>Restricted Stock Vesting</i>
Restricted stock vesting 04/28/2026 81,035 shares labeled <i>Restricted Stock Vesting</i>
Form 144 regulatory
"filed a Notice of Proposed Sale on Form 144 reporting transactions"
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.
Restricted Stock Vesting financial
"Restricted Stock Vesting | Issuer | 103,645 | 03/01/2026"
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.
Class A financial
"Class A | 04/16/2026 | 200000 | 1044482.65"
Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.
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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