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Butterfly Network (BFLY) CEO DeVivo sells 68,346 shares via Rule 10b5-1 plan

(Very High)
(Negative)
Form Type
4

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 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)
  1. 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.
  2. 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.
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
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.
weighted average sales price per share financial
"Represents the weighted average sales price per share. The shares sold at prices"
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.

At what price did the Butterfly Network (BFLY) CEO sell shares?

The CEO’s reported sale used a weighted average price of $10.009 per share. Footnotes state the shares were sold in a price range of $10.00 to $10.05 per share, with detailed breakdowns available upon request to relevant parties.

How many Butterfly Network (BFLY) shares does the CEO hold after this Form 4 sale?

After the reported sale, President & CEO Joseph DeVivo directly held 7,603,700 shares of Butterfly Network Class A common stock. This post-transaction holding reflects his remaining direct equity position reported in the filing’s ownership table.

Was the Butterfly Network (BFLY) CEO’s share sale under a Rule 10b5-1 plan?

Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Joseph DeVivo on December 12, 2025. Such plans pre-schedule trades, limiting timing discretion when transactions occur.

How many Butterfly Network (BFLY) shares in total were sold in this Form 4?

The Form 4 for Butterfly Network (BFLY) reports a single sale transaction of 68,346 shares of Class A common stock. The transaction summary shows one sale and net selling of 68,346 shares with no reported purchases or option exercises.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
X
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*
DEVIVO JOSEPH

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/10/2026S(1)68,346D$10.009(2)7,603,700D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
/s/ Nick Caezza, Attorney-in-Fact08/12/2026
** Signature of Reporting PersonDate
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)