Form 4: Butterfly Network CEO Sells Shares
Insider Transaction (Form 4)
Joseph Devivo, President & CEO and a Director of Butterfly Network, Inc., sold 35,790 shares of common stock on October 6, 2026 for $10.02 per share.
Summary
- Open-market sale: disposed of 35,790 Class A Common Stock at $10.02 ($358,616) on October 6, 2026; holds 7,311,930 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $358,616 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 |
|---|---|---|---|---|---|---|
| 2026-10-06 | Open-market sale | Class A Common Stock | 35,790 | $10 | $358.6K | 7,311,930 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-06 | Open-market sale (35,790 shares) |
Keywords
insider transaction, Form 4, BFLY, Butterfly Network, Inc., bearish, Joseph Devivo
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