Executive Waves Goodbye to Nearly 14,000 Shares, Valued at More Than $100,000
Sale was non-discretionary, executed under a sell-to-cover policy to satisfy tax withholding obligations from vesting restricted stock units.
Overview
Megan Carlson, CAO and SVP, Finance of Butterfly Network, Inc. (NYSE:BFLY), sold 13,804 shares of Class A Common Stock on Sept. 4, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($7.30); post-transaction value based on September 04, 2026 market close ($7.36).
Details
Butterfly Network operates as a digital health enterprise with a market capitalization of $2.1 billion, generating $112.1 million in TTM revenue with a workforce of 220 employees. The company's competitive advantage derives from its proprietary ultrasound technology platform that enables portable, smartphone-integrated imaging capabilities, positioning it at the intersection of medical device innovation and digital health transformation. Despite current net losses of $74.8 million TTM, the company's 381.05% one-year stock appreciation reflects investor confidence in its growth trajectory and the expanding addressable market for point-of-care ultrasound solutions.
Source
Originally published at www.fool.com.