Carlson Megan 4

What Happened
Megan Carlson, Chief Accounting Officer and Senior VP, Finance of Butterfly Network (BFLY), reported the sale of 41,303 shares on 2026-07-02. The shares were sold at a weighted average price of $7.96 per share (range $7.83–$8.10), generating total proceeds of approximately $328,937. The sale was reported as a disposition (S) and was conducted to satisfy tax-withholding obligations related to vested restricted stock units.

Key Details

• Transaction date: 2026-07-02; filing date: 2026-07-07.
• Price: weighted average $7.96; range $7.83–$8.10 per share (see footnote F2 for breakdown).
• Shares sold: 41,303; proceeds ≈ $328,937.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 — sale was an automatic "sell-to-cover" to satisfy tax withholding for RSU vesting (not at the reporting person’s discretion). F2 — weighted average shown; per-price breakdown available on request.
• Timeliness: Filing was submitted 5 days after the transaction date (appears later than the typical 2 business-day Form 4 deadline).

Context
This was a sell-to-cover sale tied to RSU vesting, a routine administrative transaction to satisfy tax obligations and not necessarily an expression of the insider’s view on the company. Purchases typically carry more weight as signals; routine withholding sales like this are common among insiders who receive equity compensation.