Form 4: Butterfly Network CEO Sells Shares
Insider Transaction (Form 4)
Joseph Devivo, President & CEO and a Director of Butterfly Network, Inc., sold 5,980 shares of common stock on September 22, 2026.
Summary
- Open-market sale: disposed of 2,811 Class A Common Stock at $10.00 ($28,110) on September 22, 2026; holds 7,350,889 after (Direct).
- Open-market sale: disposed of 3,169 Class A Common Stock at $10.02 ($31,757) on September 23, 2026; holds 7,347,720 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $59,867 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 |
|---|---|---|---|---|---|---|
| 2026-09-22 | Open-market sale | Class A Common Stock | 2,811 | $10 | $28.1K | 7,350,889 |
| 2026-09-23 | Open-market sale | Class A Common Stock | 3,169 | $10 | $31.8K | 7,347,720 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-22 | Open-market sale (2,811 shares) |
| 2026-09-23 | Open-market sale (3,169 shares) |
Keywords
insider transaction, Form 4, BFLY, Butterfly Network, Inc., bearish, Joseph Devivo
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