Butterfly Network (BFLY) deputy general counsel sells 10,000 shares at $9.75
Rhea-AI Filing Summary
Butterfly Network, Inc. insider Nicholas Caezza, Deputy General Counsel, reported a sale of 10,000 shares of Class A common stock on 2026-08-11 at $9.75 per share in an open market or private transaction. Following this sale, Caezza directly holds 300,307 shares of Class A common stock. The filing indicates the Rule 10b5-1 trading-plan checkbox was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Caezza Nicholas
Role
Deputy General Counsel
Sold
10,000 shs ($98K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,000 | $9.75 | $98K |
Holdings After Transaction:
Class A Common Stock — 300,307 shares (Direct)
Key Figures
Shares sold: 10,000 shares
Sale price per share: $9.75 per share
Shares owned after sale: 300,307 shares
+1 more
4 metrics
Shares sold
10,000 shares
Class A common stock sold on 2026-08-11
Sale price per share
$9.75 per share
Price for the 10,000 Class A shares sold
Shares owned after sale
300,307 shares
Direct Class A common stock holdings following the transaction
Net shares sold
10,000 shares
Net sell direction from transaction summary
Key Terms
Class A Common Stock, Sale in open market or private transaction, Rule 10b5-1, Deputy General Counsel
4 terms
Class A Common Stock financial
"reported a sale of 10,000 shares of Class A Common Stock on 2026-08-11"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Sale in open market or private transaction financial
"transaction code description is "Sale in open market or private transaction""
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading-plan checkbox was not selected for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Deputy General Counsel other
"Nicholas Caezza serves as Deputy General Counsel of Butterfly Network"
A deputy general counsel is the lawyer who serves as the second-in-command in a company’s legal department, handling day-to-day legal work, advising management, overseeing compliance, and stepping in for the chief lawyer when needed. Like a trusted deputy to a leader, this role helps prevent regulatory problems, manage lawsuits and contracts, and ensures legal side of deals and policies run smoothly—matters that directly affect a company’s risk profile and value for investors.
FAQ
What did Butterfly Network (BFLY) insider Nicholas Caezza report in this Form 4?
Nicholas Caezza, Deputy General Counsel of Butterfly Network, reported a sale of 10,000 shares of Class A common stock on 2026-08-11 at $9.75 per share in an open market or private transaction.
Was Nicholas Caezza’s Butterfly Network (BFLY) trade under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not selected, indicating the reported sale of 10,000 shares was not affirmatively reported as being made under a Rule 10b5-1 trading plan.
What type of transaction did Butterfly Network (BFLY) report for Nicholas Caezza?
The filing reports a sale transaction (code S) in Butterfly Network Class A common stock, described as a sale in open market or private transaction, involving 10,000 shares at $9.75 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
