Form 4: Butterfly Network Deputy GC Sells Shares for Tax Cover

Butterfly Network's Deputy General Counsel, Nicholas Caezza, sold 1,686 shares of Class A Common Stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Nicholas Caezza, Deputy General Counsel of Butterfly Network, Inc. (BFLY), reported a transaction involving Class A Common Stock.
• On December 2, 2025, Caezza disposed of 1,686 shares of Class A Common Stock.
• The shares were sold at a weighted average price of $2.829 per share, with individual sales ranging from $2.79 to $2.87 per share.
• This sale was an automatic "sell-to-cover" transaction, executed to satisfy tax withholding obligations in connection with the vesting of restricted stock units, and was not at the discretion of the reporting person.
• Following this transaction, Nicholas Caezza beneficially owns 231,035 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary 'sell-to-cover' transaction for tax purposes, which is neutral in sentiment and does not reflect a positive or negative outlook on the company by the insider.

Future Outlook

N/A

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide information relevant to broader industry trends or the competitive landscape for Butterfly Network, Inc. (BFLY).

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary sale for tax purposes by an insider, not indicative of a change in confidence or strategic direction.
• Employees: No direct impact on employees.
• Customers: No direct impact on customers.
• Suppliers: No direct impact on suppliers.
• Creditors: No direct impact on creditors.

Key Dates

Keywords

Butterfly Network, BFLY, Nicholas Caezza, Insider Transaction, Form 4, Stock Sale, Restricted Stock Units, Tax Withholding, Medical Devices, Healthcare Technology