Butterfly Network (NYSE: BFLY) insider reports 4,013,452-share 10b5-1 plan sale
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.
Positive
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Negative
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 4,013,452 shares
Net Sell
13 txns
Insider
ROTHBERG JONATHAN M
Role
Director, 10% Owner
Sold
4,013,452 shs ($29.37M)
| 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 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 105,881 shares (Direct);
Class B Common Stock — 36,366 shares (Indirect, By JNR TR, LLC);
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);
Class B Common Stock — 2,621,701 shares (Indirect, By 4C Holdings II, LLC);
Class B Common Stock — 2,621,701 shares (Indirect, By 4C Holdings III, LLC);
Class B Common Stock — 2,621,701 shares (Indirect, By 4C Holdings IV, LLC);
Class B Common Stock — 8,845,238 shares (Indirect, By 4C Holdings V, LLC);
Class B Common Stock — 1,250,000 shares (Indirect, By NVR TR, LLC);
Class B Common Stock — 1,250,000 shares (Indirect, By GBR TR, LLC);
Class B Common Stock — 1,250,000 shares (Indirect, By EJR TR, LLC)
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
Total shares sold: 4,013,452 shares
July 14, 2026 Class A sale: 815,632 shares at $7.7178 per share
July 15, 2026 Class A sale: 1,730,319 shares at $7.3228 per share
+3 more
6 metrics
Total shares sold
4,013,452 shares
Aggregate open-market sales of Butterfly Network stock reported for July 14–16, 2026
July 14, 2026 Class A sale
815,632 shares at $7.7178 per share
Open-market sale of Class A common stock on July 14, 2026
July 15, 2026 Class A sale
1,730,319 shares at $7.3228 per share
Open-market sale of Class A common stock on July 15, 2026
July 16, 2026 Class B sale
1,213,634 shares at $7.0889 per share
Open-market sale of Class B common stock held indirectly through JNR TR, LLC
July 16, 2026 Class A sale
253,867 shares at $7.0889 per share
Open-market sale of Class A common stock on July 16, 2026
Overall sale price range
$6.845–$8.00 per share
Price ranges for individual trades underlying the reported weighted average sale prices
Key Terms
Rule 10b5-1 trading plan, weighted average sales price per share, pecuniary interest
3 terms
Rule 10b5-1 trading plan regulatory
"transactions were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
pecuniary interest regulatory
"disclaims beneficial ownership of the securities held by these persons except to the extent of his pecuniary interest"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What types of Butterfly Network (BFLY) stock did Jonathan Rothberg sell?
Rothberg reported sales of both Class A and Class B common stock. Footnotes state that the Class B common stock automatically converted into Class A common stock on a one-to-one basis upon sale in accordance with its terms.