ROTHBERG JONATHAN M 4
4 · Butterfly Network, Inc. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Butterfly Network (BFLY) 10% Owner Jonathan Rothberg Receives RSU Award
What Happened
Jonathan M. Rothberg, a 10% owner and member of Butterfly Network's board, was granted 25,447 restricted stock units (RSUs) on 2026-06-22. The RSUs were issued at $0.00 (no cash paid) as an annual non-employee director award; the grant has no immediate cash value and is not a purchase or sale.
Key Details
- Transaction date: 2026-06-22 (Form 4 filed same date).
- Transaction type/code: Grant/Award (A).
- Amount: 25,447 RSUs granted at $0.00 (total reported value $0 at grant).
- Vesting: RSUs vest in full on the date of the Issuer's 2027 Annual Stockholders Meeting, subject to continued board service (per footnote).
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Reported with the transaction date (no late filing indicated).
- Footnotes: F1 describes RSUs (1 RSU = right to 1 share on vesting) and F2 notes Dr. Rothberg is manager of several related entities and spouse of Bonnie E. Gould Rothberg MD; he disclaims beneficial ownership of securities held by those entities except to the extent of any pecuniary interest.
Context
RSUs are a form of compensation that convert to common shares only upon vesting; they require no cash outlay at grant and do not represent immediately tradable shares. Because Rothberg is a 10% owner and the grant was made under the company's non-employee director compensation policy, this is a routine director award rather than an open-market trade by an executive.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-22+25,447→ 2,905,699 total
- 726,696(indirect: By Bonnie E Gould Rothberg MD)
Class A Common Stock
[F2] - 4,716,596(indirect: By LLC)
Class B Common Stock
[F2] - 2,621,701(indirect: By LLC)
Class B Common Stock
[F2] - 2,621,701(indirect: By LLC)
Class B Common Stock
[F2] - 2,621,701(indirect: By LLC)
Class B Common Stock
[F2] - 8,845,238(indirect: By LLC)
Class B Common Stock
[F2] - 1,250,000(indirect: By LLC)
Class B Common Stock
[F2] - 1,250,000(indirect: By LLC)
Class B Common Stock
[F2] - 1,250,000(indirect: By LLC)
Class B Common Stock
[F2] - 1,250,000(indirect: By LLC)
Class B Common Stock
[F2]
Footnotes (2)
- [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.
- [F2]Dr. Rothberg is the Manager of 4C Holdings I, LLC, 4C Holdings II, LLC, 4C Holdings III, LLC, 4C Holdings IV, LLC, 4C Holdings V, LLC, NVR TR, LLC, JNR TR, LLC, GBR TR, LLC and EJR TR, LLC, and is the spouse of Bonnie E Gould Rothberg MD. Dr. Rothberg disclaims beneficial ownership of the securities held by these persons and entities except to the extent of his pecuniary interest therein.