Key facts
- This page summarizes Weiss Lawrence T.'s Form 4 filing for Butterfly Network, Inc. (BFLY).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 06 Jul 2023, 17:44.
Weiss Lawrence T. - 05 Jul 2023 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)
- Reporting relationship
- CLO, GC and Corp Sec
- Issuer ticker
- BFLY
- Reported as of
- 05 Jul 2023
- Net transaction value
- -$60,509
- SEC form
- 4
- Accepted by SEC
- 06 Jul 2023, 17:44:28 UTC
- Prior SEC filing
- 26 May 2023
- Next SEC filing
- 04 Dec 2024
- Source filing
- View source filing
- Reporting owner signature
- /s / Lawrence T. Weiss
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Weiss Lawrence T. filed Form 4 for Butterfly Network, Inc. (BFLY) on 06 Jul 2023.
Change
- Previous filing in this sequence was filed on 26 May 2023.
- Current net transaction value: -$60,509.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BFLY
transaction
Class A Common Stock
Sale
- Transaction value
- $60,509
- Shares
- -27,655
- Change %
- -2.2%
- Price
- $2.19
- Shares after
- 1,236,838
- Date
- 05 Jul 2023
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 2 footnotes
Footnote F1
The Issuer has adopted a "sell-to-cover" policy to satisfy the tax withholding obligations of the Reporting Person. The sales reported on this Form 4 represent the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. Such sales were automatic and intended to qualify under Rule 10b5-1.
Footnote F2
Represents the weighted average sales price per share. The shares sold at prices ranging from $2.15 to $2.315 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.