Butterfly Network director granted 25,447 RSUs
Schwartz Erica reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
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
Grant/Award: 25,447 shares
Grant/Award
1 txn
Insider
Schwartz Erica
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 25,447 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 401,699 shares (Direct)
Footnotes (1)
- F1. 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.
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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