Butterfly Network (BFLY) director & 10% owner sells 132,570 shares under 10b5-1 plan
Rhea-AI Filing Summary
Butterfly Network, Inc.$3.079 per share through JNR TR, LLC. The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2025 for estate planning purposes, with individual trade prices ranging from $3.07 to $3.105 per share.
After this transaction, Rothberg continues to beneficially own substantial stakes in Butterfly Network’s Class A and Class B common stock through multiple entities, including JNR TR, LLC, EJR TR, LLC, GBR TR, LLC, NVR TR, LLC and several 4C Holdings entities, as well as through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 132,570 | $3.079 | $408K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2025 for estate planning purposes. Represents the weighted average sales price per share. The shares sold at prices ranging from $3.07 to $3.105 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. 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, JAR 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.
FAQ
What insider transaction did Butterfly Network (BFLY) report in this Form 4?
The filing reports that Jonathan M. Rothberg, Ph.D., a director and 10% owner of Butterfly Network, Inc., sold 132,570 shares of Class A common stock on 11/28/2025 through JNR TR, LLC.
Was the Butterfly Network (BFLY) insider sale made under a Rule 10b5-1 trading plan?
Yes. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Jonathan Rothberg on March 5, 2025 for estate planning purposes.
What is Jonathan Rothberg’s relationship to Butterfly Network (BFLY)?
Jonathan M. Rothberg, Ph.D., is identified as a Director and 10% Owner of Butterfly Network, Inc. in the filing.
Does Jonathan Rothberg disclaim any beneficial ownership of BFLY securities?
Yes. Rothberg states that he disclaims beneficial ownership of the securities held by the listed entities and his spouse, except to the extent of his pecuniary interest in them.