Form 4: Butterfly Network Director Sells Shares
Insider Transaction (Form 4)
Larry Robbins, a Director of Butterfly Network, Inc., sold 2,297,733 shares of common stock on August 13, 2026.
Summary
- Open-market sale: disposed of 215,233 Class A Common Stock at $9.54 ($2,053,710) on August 13, 2026; holds 12,243,530 after (Indirect).
- Open-market sale: disposed of 500,000 Class A Common Stock at $9.24 ($4,617,750) on August 13, 2026; holds 11,743,530 after (Indirect).
- Open-market sale: disposed of 175,300 Class A Common Stock at $8.86 ($1,553,228) on August 13, 2026; holds 4,371,387 after (Indirect).
- Open-market sale: disposed of 824,700 Class A Common Stock at $8.70 ($7,172,663) on August 14, 2026; holds 3,546,687 after (Indirect).
- Open-market sale: disposed of 582,500 Class A Common Stock at $8.97 ($5,225,142) on August 17, 2026; holds 2,964,187 after (Indirect).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $20,622,493 of stock on the open market.
Insider Transactions
Larry Robbins — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-13 | Open-market sale | Class A Common Stock | 215,233 | $10 | $2.1M | 12,243,530 |
| 2026-08-13 | Open-market sale | Class A Common Stock | 500,000 | $9 | $4.6M | 11,743,530 |
| 2026-08-13 | Open-market sale | Class A Common Stock | 175,300 | $9 | $1.6M | 4,371,387 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 824,700 | $9 | $7.2M | 3,546,687 |
| 2026-08-17 | Open-market sale | Class A Common Stock | 582,500 | $9 | $5.2M | 2,964,187 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-13 | Open-market sale (215,233 shares) |
| 2026-08-13 | Open-market sale (500,000 shares) |
| 2026-08-13 | Open-market sale (175,300 shares) |
| 2026-08-14 | Open-market sale (824,700 shares) |
| 2026-08-17 | Open-market sale (582,500 shares) |
Keywords
insider transaction, Form 4, BFLY, Butterfly Network, Inc., bearish, Larry Robbins
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