Butterfly Network (BFLY) Director Larry Robbins Sells Shares

What Happened
Larry Robbins (Director and Founder/Portfolio Manager/CIO of Glenview Capital Management) reported sales of Butterfly Network (BFLY) common stock. The filing shows two open‑market dispositions: 1,720,129 shares sold on July 31, 2026 at a weighted average price of $7.39 for proceeds of $12,716,054, and 156,163 shares sold on August 3, 2026 at $8.10 for proceeds of $1,265,670. These sales total 1,876,292 shares for about $13.98M (~$14.0M). These were sales (S) — routine dispositions rather than purchases.

Key Details

• Transaction dates and prices:
  • July 31, 2026 — 1,720,129 shares at a weighted avg $7.39 (actual prices ranged $7.2282–$7.82) — proceeds $12,716,054 (see footnote F2).
  • August 3, 2026 — 156,163 shares at $8.10 — proceeds $1,265,670.
• Total shares sold: 1,876,292; total proceeds: $13,981,724.
• Shares owned after transaction: Not specified in the filing.
• Footnote highlights:
  • F1/F3: The shares were held by Glenview investment funds (record holders include GCM Onshore Investors, L.P. and GCM Cayman Investors, Ltd.); shares were transferred among Glenview funds on July 1, 2026 and subsequently sold by those funds.
  • F3/F4: Mr. Robbins is founder/portfolio manager/CIO of Glenview Capital Management and managing member of Longview Investors LLC; he shares voting and dispositive power over securities held by those entities and may be deemed to beneficially own them.
  • F5: Mr. Robbins disclaims beneficial ownership of holdings other than any pecuniary interest.
• Filing timeliness: Report covers transactions on 2026‑07‑31 and was filed on 2026‑08‑03 — appears to be timely.

Context
These transactions appear to be institutional fund sales executed by Glenview‑related entities for which Mr. Robbins may be deemed to have voting/dispositive power. The filing’s footnotes clarify transfers between Glenview funds and the weighted average pricing for the July 31 block; no indication of option exercises, gifts, or a 10b5‑1 plan is provided. As with all insider filings, sales are factual disclosures and do not by themselves indicate the insider’s view of the company.