Butterfly Network (BFLY) director granted 25,447 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROTHBERG JONATHAN M reported acquisition or exercise transactions in this Form 4 filing.
Butterfly Network, Inc. director and greater-than-10% owner Jonathan M. Rothberg reported an equity compensation grant and updated his holdings. He received 25,447 restricted stock units (RSUs) of Class A common stock at a price of $0.00 per share as a nonemployee director award.
Each RSU represents one share of Class A common stock when it vests. The RSUs vest in full on the date of Butterfly Network’s 2027 Annual Stockholders Meeting, subject to Dr. Rothberg’s continued service on the Board through that date. Following this grant, he directly holds 2,905,699 Class A shares.
The filing also lists significant indirect holdings in Class B common stock through multiple LLCs and in Class A shares held by his spouse, with Dr. Rothberg disclaiming beneficial ownership of those securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
ROTHBERG JONATHAN M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 25,447 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,905,699 shares (Direct, null);
Class A Common Stock — 726,696 shares (Indirect, By Bonnie E Gould Rothberg MD);
Class B Common Stock — 4,716,596 shares (Indirect, By 4C Holdings I, LLC)
Footnotes (1)
- Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Class A common stock upon vesting. The RSUs were issued to the Reporting Person as the annual grant to nonemployee directors pursuant to the Issuer's Amended and Restated Nonemployee Director Compensation Policy for services to be rendered to the Issuer as a member of its Board of Directors. The RSUs vest in full on the date of the Issuer's 2027 Annual Stockholders Meeting, subject to the Reporting Person's continued service on the Board of Directors on such date. Dr. Rothberg is the Manager of 4C Holdings I, LLC, 4C Holdings II, LLC, 4C Holdings III, LLC, 4C Holdings IV, LLC, 4C Holdings V, LLC, NVR TR, LLC, JNR TR, LLC, GBR TR, LLC and EJR TR, LLC, and is the spouse of Bonnie E Gould Rothberg MD. Dr. Rothberg disclaims beneficial ownership of the securities held by these persons and entities except to the extent of his pecuniary interest therein.
Key Figures
RSU grant size: 25,447 RSUs
RSU grant price: $0.00 per share
Direct Class A holdings: 2,905,699 shares
+3 more
6 metrics
RSU grant size
25,447 RSUs
Class A common stock grant to nonemployee director
RSU grant price
$0.00 per share
Equity compensation award, not open-market purchase
Direct Class A holdings
2,905,699 shares
Total Class A shares directly held after RSU grant
4C Holdings V Class B
8,845,238 shares
Class B common stock held indirectly via 4C Holdings V, LLC
4C Holdings I Class B
4,716,596 shares
Class B common stock held indirectly via 4C Holdings I, LLC
Spousal Class A holdings
726,696 shares
Class A shares held indirectly by spouse Bonnie E Gould Rothberg MD
Key Terms
restricted stock units ("RSUs"), Amended and Restated Nonemployee Director Compensation Policy, Class B Common Stock, pecuniary interest, +1 more
5 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Amended and Restated Nonemployee Director Compensation Policy financial
"annual grant to nonemployee directors pursuant to the Issuer's Amended and Restated Nonemployee Director Compensation Policy"
Class B Common Stock financial
"security_title: "Class B Common Stock""
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
pecuniary interest financial
"disclaims beneficial ownership of the securities held by these persons and entities except to the extent of his pecuniary interest therein"
beneficial ownership financial
"disclaims beneficial ownership of the securities held by these persons and entities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Butterfly Network (BFLY) director Jonathan Rothberg report?
Dr. Jonathan Rothberg reported receiving 25,447 restricted stock units of Butterfly Network Class A common stock as a nonemployee director grant. The award is part of the company’s director compensation policy and represents equity compensation rather than an open-market purchase or sale.
How many RSUs were granted to Butterfly Network (BFLY) director Jonathan Rothberg and on what terms?
He was granted 25,447 restricted stock units of Class A common stock at $0.00 per share. Each RSU converts into one share upon vesting, which occurs on the date of Butterfly Network’s 2027 Annual Stockholders Meeting if he remains on the Board.
When do Jonathan Rothberg’s new Butterfly Network (BFLY) RSUs vest?
The 25,447 restricted stock units vest in full on the date of Butterfly Network’s 2027 Annual Stockholders Meeting. Vesting is contingent on Dr. Rothberg’s continued service as a member of the Board of Directors through that meeting date.
What are Jonathan Rothberg’s direct Class A holdings in Butterfly Network (BFLY) after this Form 4?
After the RSU grant, Dr. Rothberg directly holds 2,905,699 shares of Butterfly Network Class A common stock. This total includes the newly awarded 25,447 RSUs reported as a grant under the company’s Amended and Restated Nonemployee Director Compensation Policy.
Is Jonathan Rothberg’s Butterfly Network (BFLY) Form 4 an open-market buy or sell?
No, the Form 4 shows an equity award, not a market trade. The only coded transaction is an “A” code grant of 25,447 RSUs issued as nonemployee director compensation, rather than a discretionary purchase or sale on the open market.