Butterfly Network (BFLY) Director Jonathan Rothberg Sells Shares

What Happened
Dr. Jonathan M. Rothberg, a director of Butterfly Network (BFLY), sold a total of 659,913 shares in open-market transactions on July 22, 2026, generating approximately $4,269,505 in proceeds. The filing shows four dispositions: 54,143 shares for $350,294; 72,724 shares for $470,510; 496,680 shares for $3,213,420; and 36,366 shares for $235,281. These were sales (dispositions), which are often routine and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date: July 22, 2026; Form 4 filed July 24, 2026 (filed within the typical 2-business-day window).
• Total shares sold: 659,913; total proceeds: ~$4,269,505.
• Price: weighted average $6.47 per share; individual sale prices ranged from $6.355 to $6.78 (filing notes this range).
• Plan: Transactions were effected under a Rule 10b5-1 trading plan adopted March 13, 2026 for estate planning purposes.
• Conversion: Class B common stock automatically converted to Class A common stock on sale (one-for-one).
• Ownership after transaction: Not specified in the provided excerpt of the filing—see the full Form 4 for the exact “owned following” amount.
• Relationship disclosure: Dr. Rothberg is manager of several related entities and is the spouse of Bonnie E. Gould Rothberg MD; he disclaims beneficial ownership of securities held by those entities except to the extent of his pecuniary interest.

Context
Sales executed under pre-established 10b5-1 plans are typically prearranged and can be for tax, estate, or diversification reasons; they are generally considered routine rather than a direct signal of management sentiment. For full details (including exact post-transaction holdings or a breakdown of sales at each price), consult the complete Form 4 filing (Accession No. 0001104659-26-086681).