The proposed sale is de minimis and routine for a director. No material signal — monitor for any subsequent Form 4 filings to confirm execution, but no actionable trading catalyst.
Price Chart
Executive Summary
Joseph Devivo, an officer and director of Butterfly Network, filed a Form 144 notice of intent to sell 3,169 shares of Class A common stock, with an estimated aggregate market value of $31,756.73 as of the filing date. The shares were acquired via restricted stock vesting on December 17, 2024, and the proposed sale is a routine, small-dollar transaction relative to the company's market cap.
Key Facts
- Insider: Joseph Devivo (Officer, Director)
- Shares proposed for sale: 3,169 shares of Class A common stock
- Estimated market value: $31,756.73
- Shares acquired on 12/17/2024 via restricted stock vesting (compensation)
- Filing date: 2026-09-23
- Broker: Fidelity Brokerage Services LLC
Financial Impact
Proposed sale of $31,757 in value — less than 0.01% of market cap (based on ~$245M market cap at filing date). Immaterial.
Risk Factors
- Form 144 is an intent to sell; the sale may not be executed.
- No additional context on company fundamentals or upcoming catalysts provided.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-007094 |
| Document: 0001959173-26-007094-index.html | 0001959173-26-007094 |
| Document: 0001959173-26-007094.txt | 0001959173-26-007094 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 3 | $7.25 $7.47 | ▲ +3.03% | ▲ +2.61% | $6.98 (−3.68%) |
Oct 6, 2026 20d ago | 144 | $8.70 $8.27 | ▼ −4.94% | ▼ −4.70% | $6.98 (−19.73%) |
Oct 5, 2026 22d ago | 8-K | $9.38 $8.70 | ▼ −7.25% | ▼ −7.80% | $6.98 (−25.55%) |
Sep 23, 2026 4w ago | 144 | $9.41 $9.39 | ▼ −0.21% | ▼ −0.76% | $6.98 (−25.79%) |
Sep 22, 2026 4w ago | 144 | $9.20 $9.41 | ▲ +2.28% | ▲ +2.36% | $6.98 (−24.10%) |
Sep 9, 2026 6w ago | Insider Cluster | $7.12 $7.33 | ▲ +2.95% | ▲ +2.10% | $6.98 (−1.92%) |
Aug 17, 2026 10w ago | Insider Cluster | $9.00 $9.17 | ▼ −1.89% | ▼ −1.68% | $6.98 (+22.41%) |
Aug 17, 2026 10w ago | Insider Cluster | $9.00 $9.17 | ▼ −1.89% | ▼ −1.68% | $6.98 (+22.41%) |
Aug 15, 2026 10w ago | Institutional Cluster | $9.02 $9.00 | ▼ −0.22% | ▲ +0.45% | $6.98 (−22.58%) |
Aug 12, 2026 10w ago | Insider Cluster | $8.86 $8.84 | ▼ −0.23% | ▼ −0.03% | $6.98 (−21.18%) |
US Market Status
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