Larry Robbins, a director at Butterfly Network, Inc., sold 156,163 shares of $BFLY stock on August 3, 2026, in an open-market transaction valued at $1,265,670. The shares were sold at an average price of $8.10 each. Robbins filed the Form 4 with the SEC the same day. Following the sale, he held 12,458,763 shares of the company.
The transaction came three days after a larger sale by Robbins. On July 31, 2026, he sold 1,720,129 shares at $7.39 per share, a trade totaling approximately $12.72 million. That sale was disclosed on the same August 3 Form 4 filing, three days after the trade date. Between the two transactions, Robbins sold a combined 1,876,292 shares of $BFLY for roughly $13.98 million.
Before these sales, Robbins had accumulated $BFLY shares across a series of open-market purchases in late 2025. Between November 19 and December 11, 2025, he executed seven purchase transactions totaling approximately $11.50 million across 4,379,911 shares, at prices ranging from $2.35 to $3.06 per share. The buying included two 1-million-share transactions on November 19 and 20, 2025, at $2.35 and $2.37, respectively, and an 800,000-share purchase on November 21 at $2.58. In December 2025, he added shares at prices between $2.96 and $3.06.
By late July 2026, $BFLY had closed at $7.11 on July 31, and during the prior week the stock traded in a range between $6.71 and $8.39, reaching an intraday high of $8.39 on July 30. The $8.10 average price Robbins received on the August 3 sale was near the upper end of that recent range.
Robbins was not the only Butterfly Network insider reporting open-market sales during this period. Jonathan M. Rothberg, the company's founder, sold shares on three dates in mid-July 2026. On July 17, he sold 1,195,857 shares at $6.60. On July 20, he sold 1,177,276 shares at $6.61. On July 21, he sold 753,320 shares at $6.74. Combined, Rothberg's July sales totaled approximately 3.13 million shares for roughly $20.75 million.
Joseph Devivo reported two sales: 204,725 shares at $7.87 on July 7 and 211,798 shares at $6.56 on July 20, together totaling roughly $3.0 million. John N. Doherty sold 57,136 shares at $6.56 on July 20 for $374,812. Victor Ku sold 35,649 shares at $7.87 on July 7 for $280,665.
No members of Congress have disclosed trades in Butterfly Network, according to STOCK Act filings.
Butterfly Network, headquartered in Burlington, Massachusetts, develops handheld ultrasound devices and operates in the health care sector. Robbins, the founder and chief executive officer of Glenview Capital Management, serves on the company's board of directors.