Butterfly Network, Inc.·4

Jun 22, 6:58 PM ET

Edelman Elazer R 4

4 · Butterfly Network, Inc. · Filed Jun 22, 2026

Research Summary

AI-generated summary of this filing

Updated

Butterfly Network (BFLY) Director Edelman Receives RSU Award

What Happened

  • Edelman Elazer R, a member of Butterfly Network's Board of Directors, was granted 25,447 restricted stock units (RSUs) on 2026-06-22. The grant price is $0.00 (no cash paid at grant); the RSUs convert to one share of Class A common stock per RSU upon vesting.

Key Details

  • Transaction date: 2026-06-22 (filing accession 0002064832-26-000230).
  • Transaction type: Award/Grant (Form 4 code A) — 25,447 RSUs granted at $0.00.
  • Vesting: RSUs vest in full on the date of the Issuer’s 2027 Annual Stockholders Meeting, subject to continued board service (footnote F1).
  • Shares owned after transaction: Not specified in the provided filing details.
  • Filing timeliness: Reported on 2026-06-22 (same date as the transaction in the filing header).
  • Remarks: Exhibit 24 (Power of Attorney) noted on the filing.

Context

  • RSUs are a compensation award, not an open-market purchase or sale. They have no immediate cash value to the company recipient until they vest and convert to shares; the ultimate value depends on Butterfly Network’s stock price at vesting.
  • This is an annual non-employee director compensation grant under the company’s policy and does not by itself indicate buying or selling intent.

Insider Transaction Report

Form 4
Period: 2026-06-22
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-06-22+25,447392,893 total
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.
Signature
/s/ Nick Caezza, Attorney-in-Fact|2026-06-22

Documents

2 files
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

  • EX-24.1

    PPWER OF ATTORNEY