Glenview, Robbins Update Stakes in Butterfly Network

Butterfly Network, Inc. received an amended Schedule 13D/A from Glenview Capital entities and Larry Robbins updating their ownership and warrant status.

Rhea-AI Filing Summary

Butterfly Network, Inc. received an amended Schedule 13D/A from Glenview Capital entities and Larry Robbins updating their ownership and warrant status. Glenview Capital Management, LLC reports beneficial ownership of 14,335,055 shares of Class A common stock, representing 6.34% of the class. Larry Robbins reports beneficial ownership of 19,268,892 shares, or 8.52% of the class, including stock options and unvested restricted stock units tied to his service on the board. The amendment also notes that private placement warrants held by Glenview funds and Longview Investors LLC expired on February 12, 2026, unexercised and for no value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Butterfly Network (BFLY) shares does Glenview Capital Management report owning?

Glenview Capital Management, LLC reports beneficial ownership of 14,335,055 shares of Butterfly Network Class A common stock. This stake represents 6.34% of the outstanding common stock, based on 226,175,175 shares outstanding as of October 21, 2025, per the issuer’s Form 10-Q.

What is Larry Robbins’ reported ownership stake in Butterfly Network (BFLY)?

Larry Robbins reports beneficial ownership of 19,268,892 shares of Butterfly Network Class A common stock. This equals 8.52% of the class, calculated using 226,175,175 shares outstanding plus shares he has the right to acquire under applicable SEC rules.

What securities are included in Larry Robbins’ sole voting and dispositive power over BFLY?

Larry Robbins’ sole voting and dispositive power covers 387,150 shares, including 21,645 shares issuable upon option exercise and 80,434 shares underlying unvested restricted stock units that vest at the issuer’s 2026 Annual Stockholders Meeting, subject to his continued board service.

Which Butterfly Network (BFLY) shares are counted in Larry Robbins’ shared voting power?

Larry Robbins’ shared voting and dispositive power covers 18,881,742 shares. This includes 14,335,055 shares of common stock held directly by Glenview funds and 4,546,687 shares held directly by Longview Investors LLC, as detailed in the amended Schedule 13D/A.

What happened to the private placement warrants held by Glenview and Longview in Butterfly Network?

On February 12, 2026, private placement warrants held by Glenview funds and Longview Investors LLC expired unexercised and for no value. This means these warrants no longer provide any right to acquire Butterfly Network shares or any residual economic value.

How was the ownership percentage for Glenview Capital in BFLY calculated?

Glenview Capital’s 6.34% ownership percentage is based on 226,175,175 shares of Butterfly Network common stock outstanding as of October 21, 2025. This outstanding share figure is referenced from the issuer’s Form 10-Q filed on October 31, 2025.

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

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Accepted by SEC EDGAR 02/17/2026 - 04:35 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 7)

Butterfly Network, Inc.

(Name of Issuer)

Class A common stock, par value $0.0001 per share

(Title of Class of Securities)

124155102

(CUSIP Number)

Mark Horowitz
Glenview Capital Management, LLC, 520 Madison Avenue, 33rd Floor
New York, NY, 10022
(212) 812-4700

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

02/12/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 124155102

1

Name of reporting person

GLENVIEW CAPITAL MANAGEMENT, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 14,335,055.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 14,335,055.00

11

Aggregate amount beneficially owned by each reporting person

14,335,055.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

6.34 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

(1) Shared voting power and shared dispositive power includes 14,335,055 shares of Common Stock held directly by the Glenview Funds. (2) Percent of class is calculated based on 226,175,175 shares of Common Stock outstanding as of October 21, 2025, as reported in the Issuer's Form 10-Q filed on October 31, 2025.

SCHEDULE 13D

CUSIP No. 124155102

1

Name of reporting person

ROBBINS LARRY

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 387,150.00
8	Shared Voting Power 18,881,742.00
9	Sole Dispositive Power 387,150.00
10	Shared Dispositive Power 18,881,742.00

11

Aggregate amount beneficially owned by each reporting person

19,268,892.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

8.52 %

14

Type of Reporting Person (See Instructions)

IN, HC

Comment for Type of Reporting Person:

(3) Sole voting power and sole dispositive power includes (i) 21,645 shares of Common Stock that Mr. Robbins has the right to acquire upon exercise of stock options and (ii) 80,434 shares of Common Stock underlying unvested restricted stock units that were granted to Mr. Robbins, which vest in full on the date of the Issuer's 2026 Annual Stockholders Meeting, subject to Mr. Robbins' continued service on the Issuer's board of directors on such date. (4) Shared voting power and shared dispositive power includes (i) 14,335,055 shares of Common Stock held directly by the Glenview Funds and (ii) 4,546,687 shares of Common Stock held directly by Longview Investors LLC. (5) Percent of class is calculated based on 226,175,175 shares of Common Stock outstanding as of October 21, 2025, as reported in the Issuer's Form 10-Q filed on October 31, 2025, plus the shares of Common Stock the Reporting Person has the right to acquire, which shares have been added to the total shares outstanding in accordance with Rule 13d-3(d)(1)(i) under the Act.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A common stock, par value $0.0001 per share
(b)	Name of Issuer: Butterfly Network, Inc.
(c)	Address of Issuer's Principal Executive Offices: 1600 District Avenue, Burlington, MASSACHUSETTS , 01803.
Item 1 Comment: Explanatory Note: This Amendment No. 7 ("Amendment No. 7") amends and supplements the information set forth in the Schedule 13D filed by the Reporting Persons (as defined in Amendment No. 4) and Longview Investors LLC ("Longview") with the U.S. Securities and Exchange Commission (the "SEC") on February 17, 2021, as amended by Amendment No. 1, filed with the SEC on March 30, 2021, Amendment No. 2, filed with the SEC on March 11, 2022, Amendment No. 3, filed with the SEC on February 14, 2023, Amendment No. 4, filed with the SEC on September 3, 2024, Amendment No. 5, filed with the SEC on June 17, 2025, and Amendment No. 6, filed with the SEC on November 24, 2025 (collectively, the "Schedule 13D"), relating to the Class A common stock, par value $0.0001 per share (the "Common Stock"), of Butterfly Network, Inc. (the "Issuer"). The Issuer's principal executive offices are located at 1600 District Avenue, Burlington, MA 01803. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D. Except as specifically provided herein, this Amendment No. 7 does not modify any of the information previously reported in the Schedule 13D.
Item 2.	Identity and Background
(b)	Item 2(b) of the Schedule 13D is hereby restated in its entirety as follows: The principal business address of each of the Reporting Persons is 520 Madison Avenue, 33rd Floor, New York, NY 10022.
Item 4.	Purpose of Transaction
	Item 4 of the Schedule 13D is hereby amended and supplemented as follows: On February 12, 2026, the Private Placement Warrants that were held by the Glenview Funds and Longview expired, unexercised and for no value.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5(a) of the Schedule 13D is hereby amended and supplemented as follows: Items 7-11 of the cover pages of the Schedule 13D are incorporated herein by reference.
(b)	Item 5(b) of the Schedule 13D is hereby amended and supplemented as follows: Items 7-11 of the cover pages of the Schedule 13D are incorporated herein by reference.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

GLENVIEW CAPITAL MANAGEMENT, LLC

Signature:	/s/ Mark J. Horowitz
Name/Title:	Mark J. Horowitz, Co-President
Date:	02/17/2026

ROBBINS LARRY

Signature:	/s/ Mark J. Horowitz
Name/Title:	Mark J. Horowitz, attorney-in-fact for Larry Robbins
Date:	02/17/2026