Butterfly Network (BFLY) Deputy GC Nicholas Caezza Sells 1,709 Shares

What Happened

• Nicholas Caezza, Deputy General Counsel of Butterfly Network, sold 1,709 shares on 2026-09-02 in an open-market sale at a weighted average price of $8.15 per share, for proceeds of approximately $13,927. The sale was reported on Form 4 filed 2026-09-04.

Key Details

• Transaction date: 2026-09-02 (reported 2026-09-04; filing appears timely)
• Shares sold: 1,709; weighted average price: $8.15; price range: $8.10–$8.28 per share
• Transaction type/code: Sale (open market / private sale) — Code S
• Reason/footnote: Sell-to-cover for tax withholding related to RSU vesting; the sale was automatic and not at the Reporting Person’s discretion (F1)
• Shares owned after transaction: Not specified in the provided excerpt
• Additional note: Footnote F3 indicates the reporting person holds 6,568 shares acquired via the company’s employee stock purchase plan on 2026-06-30; F2 provides price-range detail and notes per-price breakdown available on request

Context

• These sales were automatic "sell-to-cover" transactions to satisfy tax withholding on vesting restricted stock units, which is a common administrative action and not necessarily a signal about the insider’s view of the company.