Butterfly Network CAO Megan Carlson offloaded 13,804 shares in a routine tax-related sell-to-cover transaction, while maintaining a direct stake of approximately 412,000 shares in the medical device firm.
Executive sold shares solely to cover tax withholding upon vesting, not discretionary, indicating a neutral signal for the company.
Butterfly Network CAO Megan Carlson sold 13,804 shares of Class A Common Stock on September 4, 2026, in a non-discretionary transaction. The sale, valued at approximately $101,000, was executed solely to satisfy tax withholding requirements following the vesting of equity awards.
No, the sale was a non-discretionary 'sell-to-cover' transaction triggered by tax withholding requirements upon the vesting of equity awards, rather than a discretionary move by the executive.