DEVIVO JOSEPH 4

4 · Butterfly Network, Inc. · Filed Jul 8, 2026

AI-generated summary of this filing

Updated Jul 8, 2026

Butterfly Network (BFLY) CEO Joseph DeVivo Sells 204,725 Shares

What Happened

Joseph DeVivo, President & CEO and a director of Butterfly Network (BFLY), sold 204,725 shares on July 7, 2026. The weighted average sale price was $7.87 per share (range $7.735–$8.11), for aggregate proceeds of $1,611,800. The filing reports the sale as a sell-to-cover related to RSU vesting and was automatic, not made at the reporting person’s discretion.

Key Details

Transaction type: Sale (S) — reported as automatic sell-to-cover to satisfy tax withholding (Footnote F1).
Transaction date: 2026-07-07; filing date: 2026-07-08 (timely).
Price: Weighted average $7.87; reported price range $7.735 to $8.11 (Footnote F2).
Total proceeds: $1,611,800.
Shares owned after transaction: Not specified in the provided filing.
Notable footnotes:
- F1: Sales were automatic to cover tax withholding for vesting RSUs.
- F2: Weighted average price; per-share prices ranged as noted; more granular breakdown available on request.
- F3: Reporting person’s holdings include ESPP purchases of 28,835 shares on 6/30/2025 and 28,835 shares on 6/30/2026.
Timeliness: Filing appears timely (transaction reported next day).

Context

The sale was a routine sell-to-cover linked to tax obligations on vested restricted stock units, which is common and does not necessarily signal a change in insider sentiment. Purchases generally carry more weight as bullish signals; this filing documents a tax-related disposition.

Form 4

Period: 2026-07-07

DirectorPresident & CEO

Transactions

Sale
Class A Common Stock
[F1][F2][F3]
2026-07-07$7.87/sh−204,725$1,611,800→ 7,883,844 total

Footnotes (3)

[F1]The Issuer has adopted a "sell-to-cover" policy to satisfy the tax withholding obligations of the Reporting Person. The sales reported on this Form 4 represent the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. Such sales were automatic and not at the discretion of the Reporting Person.
[F2]Represents the weighted average sales price per share. The shares sold at prices ranging from $7.735 to $8.11 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
[F3]Includes 28,835 shares acquired under the Issuer's employee stock purchase plan on June 30, 2025 and 28,835 shares acquired under the Issuer's employee stock purchase plan on June 30, 2026.

Signature

/s/ Nick Caezza, Attorney-in-Fact|2026-07-08

1 file