The proposed sale is de minimis and likely part of routine tax-related selling by an insider. Monitor for any larger insider sales or changes in insider sentiment, but this filing alone does not warrant action.
Price Chart
Executive Summary
Joseph Devivo, an officer and director of Butterfly Network, Inc., filed a Form 144 notice of intent to sell 2,811 shares of Class A common stock, with an estimated aggregate market value of approximately $28,110. The shares were acquired via restricted stock vesting on December 17, 2024, as compensation. The filing also notes two prior sales by Devivo within the past three months: 211,798 shares on July 20, 2026, and 68,346 shares on August 10, 2026. This is a very small proposed sale relative to the company's market cap and Devivo's likely holdings, and the filing itself is merely an intent to sell, not a completed transaction.
Key Facts
- Joseph Devivo (Officer and Director) filed Form 144 to sell 2,811 shares of Class A common stock.
- Estimated aggregate market value of the proposed sale is approximately $28,110.
- Shares were acquired on December 17, 2024, via restricted stock vesting as compensation.
- Devivo previously sold 211,798 shares on July 20, 2026, and 68,346 shares on August 10, 2026.
- The proposed sale is very small relative to the company's market cap and Devivo's total holdings.
Financial Impact
Proposed sale of 2,811 shares valued at ~$28,110 — negligible relative to BFLY's market cap.
Risk Factors
- Insider selling pattern could indicate lack of confidence if it escalates, but current filing is too small to be meaningful.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-007083 |
| Document: 0001959173-26-007083-index.html | 0001959173-26-007083 |
| Document: 0001959173-26-007083.txt | 0001959173-26-007083 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 3 | $7.25 $7.47 | ▲ +3.03% | ▲ +2.61% | $7.34 (+1.31%) |
Oct 6, 2026 20d ago | 144 | $8.70 $8.27 | ▼ −4.94% | ▼ −4.70% | $7.34 (−15.57%) |
Oct 5, 2026 22d ago | 8-K | $9.38 $8.70 | ▼ −7.25% | ▼ −7.80% | $7.34 (−21.70%) |
Sep 23, 2026 4w ago | 144 | $9.41 $9.39 | ▼ −0.21% | ▼ −0.76% | $7.34 (−21.94%) |
Sep 22, 2026 4w ago | 144 | $9.20 $9.41 | ▲ +2.28% | ▲ +2.36% | $7.34 (−20.16%) |
Sep 9, 2026 6w ago | Insider Cluster | $7.12 $7.33 | ▲ +2.95% | ▲ +2.10% | $7.34 (+3.16%) |
Aug 17, 2026 10w ago | Insider Cluster | $9.00 $9.17 | ▼ −1.89% | ▼ −1.68% | $7.34 (+18.39%) |
Aug 17, 2026 10w ago | Insider Cluster | $9.00 $9.17 | ▼ −1.89% | ▼ −1.68% | $7.34 (+18.39%) |
Aug 15, 2026 10w ago | Institutional Cluster | $9.02 $9.00 | ▼ −0.22% | ▲ +0.45% | $7.34 (−18.57%) |
Aug 12, 2026 10w ago | Insider Cluster | $8.86 $8.84 | ▼ −0.23% | ▼ −0.03% | $7.34 (−17.10%) |
US Market Status
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