---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-130937"
form_type: "8-K"
ticker: "BFLY"
cik: "0001804176"
company_name: "Butterfly Network, Inc."
filed_at: "2022-12-29T23:59:59+00:00"
generated_at: "2026-06-20T22:00:19.242395+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Butterfly Network finalizes ex-CEO Fruchterman separation with $150K payment, share vesting

## Summary
- Separation agreement signed Dec 22; adds ~$150,000 cash payment beyond previously disclosed terms.
- 92,147 performance-based RSU shares vest immediately.
- Option exercise period extended to Dec 31, 2023, subject to no revocation by Dec 29.
- No successor CEO announced; leadership transition continues.

## SEC filing metadata
- accession: 0001104659-22-130937
- form_type: 8-K
- ticker: BFLY
- cik: 0001804176
- company_name: Butterfly Network, Inc.
- filed_at: 2022-12-29T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804176/000110465922130937/0001104659-22-130937-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804176/000110465922130937/tm2233664d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-130937
- JSON: https://secwatch.observer/filing/0001104659-22-130937.json
- Plain text: https://secwatch.observer/filing/0001104659-22-130937.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.