Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-22

Butterfly Network (BFLY)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$6,382,814
Joseph DeVivo total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
98.58%
Say-on-pay support, latest vote
Companies that benchmark against BFLY
2 companies name BFLY as a compensation peer

Each company listed discloses BFLY in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BFLY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Joseph DeVivo$900,300$0$4,291,604$0$1,183,000$0$7,910$6,382,814
President and Chief Executive Officer
John Doherty20,385750,0003,995,393000354,765,813
Chief Financial Officer
Heather Getz537,49202,060,544000438,0953,036,131
Former Chief Financial & Operations Officer
Steven Cashman529,86601,587,5620405,00009102,523,338
Chief Business Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Joseph DeVivo$6,382,814
John Doherty4,765,813
Heather Getz3,036,131
Steven Cashman2,523,338

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Joseph DeVivoRSU1,185,526$4,504,999
Joseph DeVivoRSU1,286,7644,889,703
Joseph DeVivoPSU1,066,6674,053,335
John DohertyRSU863,2473,280,339
Steven CashmanRSU666,6662,533,331
Heather GetzRSU588,2352,235,293
Heather GetzRSU569,2112,163,002
Joseph DeVivoRSU482,5371,833,641
Steven CashmanRSU438,5531,666,501
John DohertyRSU431,6231,640,167
Steven CashmanRSU333,3341,266,669
Heather GetzRSU157,123597,067
Heather GetzRSU220,588838,234
Heather GetzRSU200,000760,000
Heather GetzRSU133,334506,669
Heather GetzOption32,8043.58
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-18614,118,8618,857,243517,71098.58%Passed
20252025-06-12600,745,05319,269,410505,46396.89%Passed
20242024-06-07579,270,27015,449,010380,09697.4%Passed
20232023-06-16582,421,26614,649,528503,23397.55%Passed
20222022-06-16573,285,94230,100,760342,84795.01%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1898.58%a
20252025-06-1296.89%b
20242024-06-0797.4%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Butterfly Network2025Joseph DeVivo$900,300$4,291,604$0$1,183,000$6,382,814

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Joseph DeVivoDEF 14A2026-04-270001140361-26-017118Section “Executive Compensation”. As printed: 6,382,814. Filing ↗machine: r2 · c22 · span 387435–387444
2Section 01, John DohertyDEF 14A2026-04-270001140361-26-017118Section “Executive Compensation”. As printed: 4,765,813. Filing ↗machine: r4 · c22 · span 395970–395979
3Section 01, Heather GetzDEF 14A2026-04-270001140361-26-017118Section “Executive Compensation”. As printed: 3,036,131. Filing ↗machine: r7 · c22 · span 409188–409197
4Section 01, Steven CashmanDEF 14A2026-04-270001140361-26-017118Section “Executive Compensation”. As printed: 2,523,338. Filing ↗machine: r5 · c22 · span 400499–400508
5Section 06, 2026 voteForm 8-K2026-06-220001804176-26-000021Item 5.07 · say-on-pay result. As reported: 98.58% (votes for as printed: 614,118,861). Filing ↗
6Section 06, 2025 voteForm 8-K2025-06-170001628280-25-031848Item 5.07 · say-on-pay result. As reported: 96.89% (votes for as printed: 600,745,053). Filing ↗
7Section 06, 2024 voteForm 8-K2024-06-130001558370-24-009137Item 5.07 · say-on-pay result. As reported: 97.4% (votes for as printed: 579,270,270). Filing ↗
8Butterfly Network (subject), Section 10b CEO totalDEF 14A2026-04-270001140361-26-017118CEO total compensation as printed in Butterfly Network's own proxy. As printed: 6,382,814. Filing ↗machine: r2 · c22 · span 387435–387444