Butterfly Network Founder Rothberg Sells Another 660,000 Shares. Should Investors Worry?
Insider executed sale under Rule 10b5-1 plan for estate planning after stock surged 250% over the past year. Post-transaction holdings total $59.17 million across direct and indirect positions.
Overview
Jonathan M. Rothberg, the founder and now an independent director at Butterfly Network, Inc. (NYSE:BFLY), sold ~660,000 shares of Class B Common Stock on July 22, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($6.47); post-transaction value based on July 22 closing price ($6.61).
Details
Butterfly Network, Inc. is a digital health enterprise specializing in the invention, production, and global commercialization of cutting-edge ultrasound imaging technologies. The company's innovative product portfolio includes the portable Butterfly iQ and the smartphone-compatible Butterfly iQ+.
Source
Originally published at www.fool.com.