Butterfly Network director reports sale of 4,013,452 shares
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Rhea-AI Filing Summary
Butterfly Network, Inc. director and 10% owner Jonathan M. Rothberg reported open-market sales totaling 4,013,452 shares of Class A and Class B common stock on July 14–16, 2026, at prices between $6.845 and $8.00 per share under a pre-arranged Rule 10b5-1 trading plan adopted on March 13, 2026 for estate planning purposes. He continues to hold Butterfly Network shares directly and through several LLCs and trusts.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F4 | 253,867 | $7.0889 | $1.80M |
| Sale | Class B Common Stock F5, F1, F6, F7 | 1,213,634 | $7.0889 | $8.60M |
| Sale | Class A Common Stock F1, F3 | 1,730,319 | $7.3228 | $12.67M |
| Sale | Class A Common Stock F1, F2 | 815,632 | $7.7178 | $6.29M |
| holding | Class A Common Stock F7 | -- | -- | -- |
| holding | Class B Common Stock F7 | -- | -- | -- |
| holding | Class B Common Stock F7 | -- | -- | -- |
| holding | Class B Common Stock F7 | -- | -- | -- |
| holding | Class B Common Stock F7 | -- | -- | -- |
| holding | Class B Common Stock F7 | -- | -- | -- |
| holding | Class B Common Stock F7 | -- | -- | -- |
| holding | Class B Common Stock F7 | -- | -- | -- |
| holding | Class B Common Stock F7 | -- | -- | -- |
Footnotes (7)
- F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026 for estate planning purposes.
- F2. Represents the weighted average sales price per share. The shares sold at prices ranging from $7.545 to $8.00 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F3. Represents the weighted average sales price per share. The shares sold at prices ranging from $7.0873 to $7.83 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F4. Represents the weighted average sales price per share. The shares sold at prices ranging from $6.845 to $7.45 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F5. In accordance with its terms, the Class B common stock automatically converted into Class A common stock, on a one-to-one basis, upon sale.
- F6. Represents the weighted average sales price per share. The shares sold at prices ranging from $6.845 to $7.45 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F7. 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
Key Terms
Rule 10b5-1 trading plan regulatory
pecuniary interest regulatory
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