Executive Waves Goodbye to Nearly 14,000 Shares, Valued at More Than $100,000
Sale was non-discretionary, executed under a sell-to-cover policy to satisfy tax withholding obligations from vesting restricted stock units.
Butterfly Network CEO Megan Carlson recently sold 13,804 shares of the company's Class A Common Stock, according to a recent SEC Form 4 filing. The transaction valued approximately $100,000 at an average sale price of $7.30 per share. As of the market close on September 4, 2026, the post-transaction value of those shares was $7.36 each.
Butterfly Network, a digital health enterprise valued at $2.1 billion, reported $112.1 million in TTM revenue while employing a workforce of 220 personnel. The company's unique competitive edge lies in its proprietary ultrasound technology platform, which integrates with smartphones for portable, cost-effective medical imaging. Despite currently reporting net losses of $74.8 million for the trailing twelve months, Butterfly Network has still seen an impressive 381.05% stock appreciation over the past year.
This significant gain demonstrates investor confidence in the company's growth prospects and the burgeoning market for point-of-care ultrasound solutions.
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