Form 4: Butterfly Network CEO Sells Shares
Insider Transaction (Form 4)
Joseph Devivo, President & CEO and a Director of Butterfly Network, Inc., sold 68,346 shares of common stock on August 10, 2026 for $10.01 per share.
Summary
- Open-market sale: disposed of 68,346 Class A Common Stock at $10.01 ($684,075) on August 10, 2026; holds 7,603,700 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $684,075 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Joseph Devivo — Director, Officer (President & CEO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-10 | Open-market sale | Class A Common Stock | 68,346 | $10 | $684.1K | 7,603,700 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-10 | Open-market sale (68,346 shares) |
Keywords
insider transaction, Form 4, BFLY, Butterfly Network, Inc., bearish, Joseph Devivo
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