Butterfly Network (BFLY) CFO John N. Doherty Sells 57,136 Shares

What Happened
John N. Doherty, Executive Vice President and Chief Financial Officer of Butterfly Network (BFLY), sold 57,136 shares on July 20, 2026, in an open-market/private sale for total proceeds of approximately $374,812. The weighted average price reported was $6.56 per share (prices ranged from $6.46 to $6.665). This sale was a disposition (S), not a purchase.

Key Details

• Transaction date: 2026-07-20; Form filed: 2026-07-21 (timely filing).
• Shares sold: 57,136; weighted average price: $6.56; price range: $6.46–$6.665.
• Reported proceeds: ~$374,812.
• Footnote: Sale was automatic under the issuer’s "sell-to-cover" policy to satisfy tax withholding on vesting restricted stock units (not at the director’s discretion).
• Shares owned after the transaction: not specified in the provided filing extract.

Context
Sell-to-cover transactions are routine tax-withholding sales that occur when restricted stock units vest; they do not necessarily indicate an executive’s view on the company’s future performance. The filing indicates the sales were automatic and tied to RSU vesting rather than discretionary trading.