Butterfly Network, Inc.·4

Jun 22, 6:58 PM ET

Edelman Elazer R 4

Research Summary

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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.

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