Cashman Steve 4

What Happened

• Steve Cashman, Chief Business Officer of Butterfly Network (BFLY), sold a total of 399,461 shares in two open-market transactions. On 2026-06-05 he sold 104,781 shares at a weighted average price of $4.96 for proceeds of $520,133; on 2026-06-08 he sold 294,680 shares at a weighted average price of $4.66 for proceeds of $1,373,209. These were outright sales (S), not purchases or option exercises.

Key Details

• Transaction dates and prices:
  • 2026-06-05: 104,781 shares sold, weighted avg $4.96 (range reported $4.90–$5.025) — proceeds $520,133. (Footnote F1)
  • 2026-06-08: 294,680 shares sold, weighted avg $4.66 (range reported $4.610–$4.735) — proceeds $1,373,209. (Footnote F2)
• Total sold: 399,461 shares for about $1,893,342.
• Shares owned after transaction: not specified in the supplied filing details.
• Filing timeliness: Report filed 2026-06-09 covering trades through 2026-06-08; no late filing noted in the provided data.
• No 10b5-1 plan, tax-withholding, or other special codes disclosed in the supplied information.

Context

• These were open-market sales (code S). Sales are common insider transactions and do not by themselves prove a change in outlook; they often reflect personal liquidity needs, diversification, or routine selling. No exercise of options or awards was reported in this filing.