4Accepted Sep 9, 4:42 PM ET
Butterfly Network (BFLY) CAO Megan Carlson Sells 13,804 Shares
Accepted (ET)
4:42 PM
Sep 9, 2026
Filed
Sep 9, 2026
Documents
1
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5.6 KB
Summary
Butterfly Network (BFLY) CAO Megan Carlson Sells 13,804 Shares
What Happened Megan Carlson, Chief Accounting Officer and SVP, Finance of Butterfly Network (BFLY), disposed of 13,804 shares on 2026-09-04 in an open-market/private sale reported as a sale (S). The weighted average sale price was $7.30 per share, generating proceeds of approximately $100,797. According to the filing, the sale was automatic to cover tax withholding related to vested restricted stock units—not a discretionary sell decision.
Key Details
- Transaction date: 2026-09-04
- Sale type: Open market or private sale (reported as S); automatic "sell-to-cover" to satisfy tax withholding
- Shares sold: 13,804
- Weighted average price: $7.30 per share; price range $7.25–$7.3981 (per footnote)
- Reported proceeds: ~$100,797
- Shares owned after transaction: Not specified in the provided filing
- Filing date (Form 4): 2026-09-09 (5 calendar days after the trade). This is later than the typical 2-business-day Form 4 window; investors may wish to check the filing for a timeliness flag or further explanation.
Context Sell-to-cover transactions are routine tax-withholding events when restricted stock units vest. Because this sale was automatic to cover taxes (per the filing footnote), it should not be interpreted as a discretionary insider judgment on Butterfly Network’s prospects.