STOCK TITAN

Butterfly Network (BFLY) CFO receives 274,953 RSU award in Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Butterfly Network, Inc. reported that EVP and CFO John N. Doherty acquired 274,953 shares of Class A Common Stock in the form of restricted stock units (RSUs). Each RSU represents one share and will vest in three equal annual installments beginning on March 1, 2027, contingent on his continued service. Following this grant, he now holds 1,509,641 shares directly.

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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*
Doherty John N.

(Last) (First) (Middle)
C/O BUTTERFLY NETWORK, INC.
1600 DISTRICT AVENUE

(Street)
BURLINGTON MA 01803

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Butterfly Network, Inc. [ BFLY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/02/2026 A 274,953(1) A $0 1,509,641 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 vest in three equal annual installments beginning on March 1, 2027, subject to the Reporting Person's continued service on each such vesting date.
/s/ Nick Caezza, Attorney-in-Fact 03/04/2026
** 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.

FAQ

What insider transaction did Butterfly Network (BFLY) report for John N. Doherty?

Butterfly Network reported that EVP and CFO John N. Doherty received a grant of 274,953 restricted stock units. Each RSU represents one share of Class A Common Stock, increasing his direct holdings to 1,509,641 shares after the award.

How many RSUs did Butterfly Network (BFLY) grant to its CFO?

Butterfly Network granted EVP and CFO John N. Doherty 274,953 restricted stock units. These RSUs convert into an equal number of Class A Common shares upon vesting, aligning his compensation more closely with long-term shareholder value.

What is the vesting schedule for the new Butterfly Network (BFLY) RSUs?

The RSUs granted to John N. Doherty vest in three equal annual installments starting March 1, 2027. Vesting is conditioned on his continued service on each vesting date, encouraging longer-term executive retention and performance alignment.

Does the Butterfly Network (BFLY) CFO have to pay for the new RSUs?

The reported transaction price per share is $0.00, indicating these RSUs were awarded as compensation rather than purchased. He receives the underlying Class A shares as they vest, subject to continued service conditions through 2029.

How many Butterfly Network (BFLY) shares does the CFO hold after this RSU grant?

After receiving 274,953 RSUs, John N. Doherty is reported to beneficially own 1,509,641 shares of Class A Common Stock directly. This total includes the newly granted RSUs that will settle into shares as they vest over time.

What type of security was involved in the Butterfly Network (BFLY) insider Form 4?

The Form 4 involves Class A Common Stock delivered through restricted stock units. Each RSU represents the right to receive one Class A share upon vesting, rather than an immediate open-market purchase or sale of existing shares.
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