Jonathan M. Rothberg Reduces Position in Butterfly Network, Inc. via 10b5-1 Plan
On July 17, 2026, Jonathan M. Rothberg, Ph.D. filed Amendment No. 10 to his Schedule 13D for Butterfly Network, Inc. (BFLY). The filing details a significant reduction in holdings conducted between July 14 and July 16, 2026, for estate planning purposes under a Rule 10b5-1 trading plan established on March 13, 2026. During this three-day period, the reporting persons sold a total of 2,799,818 shares of Class A common stock and 1,213,634 shares of Class B common stock. Notably, the Class B shares automatically converted to Class A shares upon sale. Following these transactions, Dr. Rothberg directly and indirectly holds 828,775 shares of Class A common stock, representing approximately 0.4% of the class. Additionally, Dr. Rothberg continues to exercise control over 25,213,303 shares of Class B common stock (100% of the class) through various 4C Holdings entities (I through V). The sales were executed at weighted average prices ranging from $7.0889 to $7.7178 per share.