Butterfly Network (BFLY) CEO DeVivo sells 68,346 shares via Rule 10b5-1 plan
Rhea-AI Filing Summary
Butterfly Network, Inc. director and President & CEO Joseph DeVivo reported selling 68,346 shares of Class A common stock on August 10, 2026 at a weighted average price of $10.009 per share. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2025, and DeVivo reported holding 7,603,700 shares of Class A common stock directly following the transaction.
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Insider Trade Summary 10b5-1
Net Seller: 68,346 shares
Net Sell
1 txn
Insider
DEVIVO JOSEPH
Role
President & CEO
Sold
68,346 shs ($684K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 68,346 | $10.009 | $684K |
Holdings After Transaction:
Class A Common Stock — 7,603,700 shares (Direct)
Footnotes (2)
- F1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2025.
- F2. Represents the weighted average sales price per share. The shares sold at prices ranging from $10.00 to $10.05 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.
Key Figures
Shares sold: 68,346 shares
Weighted average sale price: $10.009 per share
Shares held after transaction: 7,603,700 shares
+2 more
5 metrics
Shares sold
68,346 shares
Class A common stock sold by President & CEO Joseph DeVivo on August 10, 2026
Weighted average sale price
$10.009 per share
Shares sold at prices ranging from $10.00 to $10.05 per share
Shares held after transaction
7,603,700 shares
Directly owned Class A common stock following the August 10, 2026 sale
Rule 10b5-1 plan adoption date
December 12, 2025
Trading plan under which the August 10, 2026 sale was effected
Total sale transactions
1 sale
Transaction summary shows one sell transaction and no buys or exercises
Key Terms
Rule 10b5-1 trading plan, weighted average sales price per share, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was 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.
Class A Common Stock financial
"security_title: Class A Common Stock for the reported transaction"
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.
FAQ
What insider transaction did Butterfly Network (BFLY) report for Joseph DeVivo?
Butterfly Network (BFLY) reported that President & CEO Joseph DeVivo sold 68,346 shares of Class A common stock on August 10, 2026. The sale was executed at a weighted average price of $10.009 per share under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.