Butterfly Network Founder Sells Shares Amid Ongoing Market Activity
On July 22, 2026, Jonathan M. Rothberg, founder of Butterfly Network (BFLY), sold approximately 660,000 shares of Class B Common Stock under a pre-established Rule 10b5-1 trading plan for estate planning purposes. The transaction was executed at an average price of $6.47 per share and totaled around $4.3 million in value. Rothberg remains significantly invested in the company, holding approximately 22.2 million shares indirectly through various entities such as trusts and LLCs like 4C Holdings I-V and NVR TR, JNR TR, GBR TR, EJR TR, LLC. The sale does not appear to signal a loss of confidence but rather reflects pre-scheduled liquidity planning. Butterfly Network continues to operate with $102.9 million in trailing twelve-month revenue and is focused on expanding its portable ultrasound technology globally.
Tickers: $BFLY
Topics: Rule 10b5-1 plan SEC filing stock sale