Director at Butterfly Network (BFLY) awarded 25,447 RSUs for board service

Rhea-AI Filing Summary

Neubauer Caroll H reported acquisition or exercise transactions in this Form 4 filing.

Butterfly Network, Inc. director Caroll H. Neubauer received a grant of 25,447 restricted stock units (RSUs) of Class A common stock as an annual award for nonemployee directors. Each RSU represents one share that will vest in full at the company’s 2027 Annual Stockholders Meeting, assuming continued board service. Following this grant, Neubauer directly holds 98,617 shares of Class A common stock, reflecting a compensation-related equity award rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Neubauer Caroll H

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	25,447	$0.00	--

Holdings After Transaction: Class A Common Stock — 98,617 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 25,447 RSUs Post-grant holdings: 98,617 shares Grant price per share: $0.0000 per share +1 more

4 metrics

RSU grant size 25,447 RSUs Annual grant to nonemployee director Caroll H. Neubauer

Post-grant holdings 98,617 shares Total Class A common stock held directly after grant

Grant price per share $0.0000 per share Equity compensation grant, not an open-market purchase

Vesting event 2027 Annual Stockholders Meeting RSUs vest in full on meeting date, subject to continued service

Key Terms

restricted stock units ("RSUs"), Nonemployee Director Compensation Policy, Annual Stockholders Meeting

3 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.

Nonemployee Director Compensation Policy financial

"annual grant to nonemployee directors pursuant to the Issuer's Amended and Restated Nonemployee Director Compensation Policy"

Annual Stockholders Meeting financial

"The RSUs vest in full on the date of the Issuer's 2027 Annual Stockholders Meeting"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Neubauer Caroll H

(Last) (First) (Middle)

C/O BUTTERFLY NETWORK, INC.

1600 DISTRICT AVENUE

(Street)

BURLINGTON MASSACHUSETTS 01803

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Butterfly Network, Inc. [ BFLY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/22/2026		A		25,447(1)	A	$0.00	98,617	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

	/s/ Nick Caezza, Attorney-in-Fact	06/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Butterfly Network (BFLY) director Caroll Neubauer receive in this Form 4?

Caroll H. Neubauer received 25,447 restricted stock units (RSUs) of Butterfly Network Class A common stock as an annual equity grant for nonemployee directors, representing compensation for board service rather than an open-market share purchase.

When do Caroll Neubauer’s Butterfly Network (BFLY) RSUs vest?

The RSUs vest in full on the date of Butterfly Network’s 2027 Annual Stockholders Meeting, provided Neubauer continues serving on the board through that date, aligning the equity award with multi‑year director service and shareholder meeting timing.

How many Butterfly Network (BFLY) shares does Caroll Neubauer hold after this grant?

After the grant, Caroll H. Neubauer holds 98,617 shares of Butterfly Network Class A common stock directly. This figure includes the newly awarded 25,447 RSUs, which convert into shares upon vesting at the 2027 Annual Stockholders Meeting, subject to continued service.

Is Caroll Neubauer’s Butterfly Network (BFLY) RSU award an open-market purchase?

No, the award is not an open-market purchase. It is a compensation-related grant of 25,447 restricted stock units issued under Butterfly Network’s Amended and Restated Nonemployee Director Compensation Policy for ongoing board service, with shares delivered only upon future vesting.

What does each Butterfly Network (BFLY) RSU granted to Caroll Neubauer represent?

Each restricted stock unit represents the right to receive one share of Butterfly Network Class A common stock when it vests. The units will settle in shares at the 2027 Annual Stockholders Meeting if Neubauer remains on the board until that date.