DEVIVO JOSEPH 4

4 · Butterfly Network, Inc. · Filed Jul 21, 2026

AI-generated summary of this filing

Updated Jul 21, 2026

Butterfly Network (BFLY) CEO Joseph DeVivo Sells 211,798 Shares

What Happened

Joseph DeVivo, President & CEO and a director of Butterfly Network (BFLY), disposed of 211,798 shares on 2026-07-20. The weighted-average sale price was $6.56 per share, generating gross proceeds of approximately $1,389,395. The filing indicates these sales were made to cover tax withholding obligations tied to the vesting of restricted stock units.

Key Details

Transaction date: 2026-07-20; Form 4 filed 2026-07-21 (timely filing).
Transaction type: Sale (open market or private sale) reported as S.
Shares sold: 211,798; weighted-average price: $6.56; price range: $6.46–$6.665 per share.
Total proceeds: ~$1,389,395 (gross).
Footnote: Sell-to-cover was automatic to satisfy tax withholding for RSU vesting (not at DeVivo’s discretion). Full breakdown of shares sold at each price available on request to the SEC, issuer, or a security holder.
Shares owned after transaction: Not specified in the provided filing.

Context

These sales are described as routine sell-to-cover transactions to satisfy tax obligations upon RSU vesting rather than discretionary insider selling. Such automatic withholding sales are common and do not necessarily indicate the insider’s view on the company’s prospects.

Form 4

Period: 2026-07-20

DirectorPresident & CEO

Transactions

Sale
Class A Common Stock
[F1][F2]
2026-07-20$6.56/sh−211,798$1,389,395→ 7,672,046 total

Footnotes (2)

[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 $6.46 to $6.665 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.

Signature

/s/ Nick Caezza, Attorney-in-Fact|2026-07-21

1 file