Story · SEC
Butterfly Network Founder Rothberg Sells Another 660,000 Shares; Investors Advised to Watch
Jonathan M. Rothberg, founder and independent director of Butterfly Network (NYSE: BFLY), sold approximately 660,000 shares of Class B Common Stock on July 22, 2026, at a weighted average price of $6.47 per share. The transaction was executed under a Rule 10b5-1 trading plan adopted on March 13, 2026, for estate planning purposes. Despite the sale, Rothberg retains over 22 million shares through direct and indirect holdings. Butterfly Network, a digital health company specializing in portable ultrasound devices, reported TTM revenue of $102.9 million and a net loss of $75.8 million. The article notes that while insider sales can occur for non-strategic reasons, Rothberg's multiple recent sales warrant investor caution.
Editorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page itself is projected from evidence records.
- Current automated evidence projection