Butterfly Network (BFLY) director receives 25,447 RSUs in annual equity grant

Rhea-AI Filing Summary

Schwartz Erica reported acquisition or exercise transactions in this Form 4 filing.

Butterfly Network, Inc. director Erica Schwartz received an equity grant of 25,447 restricted stock units, each representing one share of Class A common stock upon vesting. This award was issued as her annual grant under the company’s nonemployee director compensation policy.

The RSUs vest in full on the date of Butterfly Network’s 2027 Annual Stockholders Meeting, subject to her continued service on the Board. Following this grant, Schwartz directly holds 401,699 shares or share-equivalent RSUs of Class A common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schwartz Erica

Role null

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

Holdings After Transaction: Class A Common Stock — 401,699 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 25,447 units Price per share: $0.0000 per share Total holdings after grant: 401,699 shares/RSUs +1 more

4 metrics

RSUs granted 25,447 units Annual grant of restricted stock units to nonemployee director

Price per share $0.0000 per share Reported transaction price for RSU grant

Total holdings after grant 401,699 shares/RSUs Class A common stock beneficially owned following transaction

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

Key Terms

restricted stock units, RSUs, Amended and Restated Nonemployee Director Compensation Policy, Annual Stockholders Meeting

4 terms

restricted stock units financial

"Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"Consists of restricted stock units ("RSUs"). Each RSU represents the right"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Amended and Restated Nonemployee Director Compensation Policy financial

"pursuant to the Issuer's Amended and Restated Nonemployee Director Compensation Policy for services"

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^*

Schwartz Erica

(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	401,699	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.

Remarks:

Exhibit 24 - Power of Attorney

	/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 transaction did Butterfly Network (BFLY) director Erica Schwartz report on this Form 4?

Erica Schwartz reported receiving 25,447 restricted stock units of Butterfly Network Class A common stock. The grant was provided as her annual equity award for serving as a nonemployee director under the company’s Amended and Restated Nonemployee Director Compensation Policy.

How many Butterfly Network (BFLY) shares does Erica Schwartz hold after this grant?

After the grant, Erica Schwartz directly holds 401,699 Butterfly Network Class A common stock shares or share-equivalent RSUs. This total reflects her updated beneficial ownership position as reported in the Form 4 filing following the 25,447-unit restricted stock grant.

What are the terms of the restricted stock units granted to Erica Schwartz by Butterfly Network (BFLY)?

Each restricted stock unit represents the right to receive one share of Class A common stock upon vesting. The units were issued at no cash cost and vest in full on the date of Butterfly Network’s 2027 Annual Stockholders Meeting, assuming continued Board service.

When do Erica Schwartz’s Butterfly Network (BFLY) RSUs vest?

The restricted stock units granted to Erica Schwartz vest in full on the date of Butterfly Network’s 2027 Annual Stockholders Meeting. Vesting is conditioned on her continued service as a member of the company’s Board of Directors through that meeting date.

Why did Butterfly Network (BFLY) grant RSUs to director Erica Schwartz?

Butterfly Network granted RSUs to Erica Schwartz as her annual equity award for nonemployee directors. The grant was made under the company’s Amended and Restated Nonemployee Director Compensation Policy in recognition of services to be rendered as a Board member.

Did Erica Schwartz pay anything for the Butterfly Network (BFLY) RSUs she received?

No cash was paid for the RSUs; the transaction price per share is reported as 0.0000. The restricted stock units were granted as compensation for Board service under Butterfly Network’s nonemployee director compensation policy, rather than purchased on the open market.