Butterfly Network (BFLY) CFO receives 274,953 RSU award in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Butterfly Network, Inc. reported that EVP and CFO John N. Doherty acquired 274,953 shares of Class A Common Stock in the form of restricted stock units (RSUs). Each RSU represents one share and will vest in three equal annual installments beginning on March 1, 2027, contingent on his continued service. Following this grant, he now holds 1,509,641 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Doherty John N.
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 274,953 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,509,641 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Butterfly Network (BFLY) report for John N. Doherty?
Butterfly Network reported that EVP and CFO John N. Doherty received a grant of 274,953 restricted stock units. Each RSU represents one share of Class A Common Stock, increasing his direct holdings to 1,509,641 shares after the award.
How many RSUs did Butterfly Network (BFLY) grant to its CFO?
Butterfly Network granted EVP and CFO John N. Doherty 274,953 restricted stock units. These RSUs convert into an equal number of Class A Common shares upon vesting, aligning his compensation more closely with long-term shareholder value.
What is the vesting schedule for the new Butterfly Network (BFLY) RSUs?
The RSUs granted to John N. Doherty vest in three equal annual installments starting March 1, 2027. Vesting is conditioned on his continued service on each vesting date, encouraging longer-term executive retention and performance alignment.
Does the Butterfly Network (BFLY) CFO have to pay for the new RSUs?
The reported transaction price per share is $0.00, indicating these RSUs were awarded as compensation rather than purchased. He receives the underlying Class A shares as they vest, subject to continued service conditions through 2029.
What type of security was involved in the Butterfly Network (BFLY) insider Form 4?
The Form 4 involves Class A Common Stock delivered through restricted stock units. Each RSU represents the right to receive one Class A share upon vesting, rather than an immediate open-market purchase or sale of existing shares.