Cashman Steve 4

What Happened
Steve Cashman, Chief Business Officer of Butterfly Network (BFLY), sold 250,000 shares on February 26, 2026. The filing reports a weighted-average price of $4.35 per share for total proceeds of $1,087,000. The sale is coded as an open-market or private sale (S).

Key Details

• Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely filing).
• Reported weighted-average sale price: $4.35 per share; proceeds $1,087,000.
• Price range for the shares sold: $3.99 – $4.955 per share (per footnote).
• Sale executed under a Rule 10b5-1 trading plan adopted by Cashman on September 12, 2025 (footnote).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Further breakdown of the number of shares sold at each specific price is available upon request to the SEC staff, the issuer, or a security holder (per footnote).

Context
This was a planned sale under a 10b5-1 trading plan, which typically indicates the trades were prearranged and not necessarily a contemporaneous signal about insider views. Sales by executives are common and do not, by themselves, indicate company performance.