Summary by Moomoo AI
Butterfly Network, Inc. officer Steve Cashman is set to sell 164,079 Class A shares on 12/20/2024, with an aggregate market value of $502,787.28. The shares were acquired on 12/17/2024 through a Restricted Stock Vesting transaction as compensation from the issuer.This planned sale comes just three days after the acquisition of the shares. The transaction represents a significant move by a company insider, potentially impacting investor sentiment. No other securities sales by Cashman have been reported in the past three months.The timing and volume of this sale may be of interest to investors, given the short holding period and the officer's position within the company. As always, such insider transactions can provide insights into executive perspectives on the company's current valuation and future prospects.