Form 4: Butterfly Network Director Sells Shares
Insider Transaction (Form 4)
Jonathan M Rothberg, a Director and 10% owner of Butterfly Network, Inc., sold 3,126,453 shares of common stock on July 17, 2026.
Summary
- Open-market sale: disposed of 1,195,857 Class B Common Stock at $6.60 ($7,887,753) on July 17, 2026; holds 54,143 after (Indirect).
- Open-market sale: disposed of 1,177,276 Class B Common Stock at $6.61 ($7,786,268) on July 20, 2026; holds 72,724 after (Indirect).
- Open-market sale: disposed of 753,320 Class B Common Stock at $6.74 ($5,074,288) on July 21, 2026; holds 496,680 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $20,748,309 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Jonathan M Rothberg — Director, 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-17 | Open-market sale | Class B Common Stock | 1,195,857 | $7 | $7.9M | 54,143 |
| 2026-07-20 | Open-market sale | Class B Common Stock | 1,177,276 | $7 | $7.8M | 72,724 |
| 2026-07-21 | Open-market sale | Class B Common Stock | 753,320 | $7 | $5.1M | 496,680 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-17 | Open-market sale (1,195,857 shares) |
| 2026-07-20 | Open-market sale (1,177,276 shares) |
| 2026-07-21 | Open-market sale (753,320 shares) |
Keywords
insider transaction, Form 4, BFLY, Butterfly Network, Inc., bearish, Jonathan M Rothberg
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