CEO Joseph DeVivo was paid $6,382,814 in fiscal year 2025, ↑ up 16.2% from fiscal year 2024 (SEC filing 0001140361-26-017118 ↗): 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 |
Track this company's pay every filing: join the Pro seat waitlist
Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year
Ask our research desk — $99, 24h, every figure cited to its filing.
BFLY's next annual pay disclosure, estimated April 27, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Joseph DeVivo | $900,300 | $0 | $4,291,604 | $0 | $1,183,000 | $0 | $7,910 | $6,382,814 |
| President and Chief Executive Officer | ||||||||
| John Doherty | 20,385 | 750,000 | 3,995,393 | 0 | 0 | 0 | 35 | 4,765,813 |
| Chief Financial Officer | ||||||||
| Heather Getz | 537,492 | 0 | 2,060,544 | 0 | 0 | 0 | 438,095 | 3,036,131 |
| Former Chief Financial & Operations Officer | ||||||||
| Steven Cashman | 529,866 | 0 | 1,587,562 | 0 | 405,000 | 0 | 910 | 2,523,338 |
| 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Joseph DeVivo | $6,382,814 | $5,492,289 | $10,808,618 | ↑ +890,525 |
| John Doherty | 4,765,813 | — | — | — |
| Heather Getz | 3,036,131 | 2,641,162 | — | ↑ +394,969 |
| Steven Cashman | 2,523,338 | 2,687,466 | — | ↓ −164,128 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
You have just read Butterfly Network's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper BFLY reports.
We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.
How we handle your data → Privacy
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.
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Dawn Carfora | Independent Director | $259,998 |
| Elazer Edelman, M.D., Ph.D | Independent Director | $254,998 |
| Erica Schwartz, M.D., J.D., M.P.H | Independent Director | $252,498 |
| Larry Robbins | Independent Director | $285,105 |
| S. Louise Phanstiel | Independent Director | $262,498 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Joseph DeVivo | PSU | 1,066,667 | — | $4,053,335 |
| Joseph DeVivo | RSU | 482,537 | — | 1,833,641 |
| Heather Getz | Option | 32,804 | 3.58 | — |
| Joseph DeVivo | RSU | 1,185,526 | — | 4,504,999 |
| Heather Getz | RSU | 133,334 | — | 506,669 |
| Steven Cashman | RSU | 666,666 | — | 2,533,331 |
| Heather Getz | RSU | 588,235 | — | 2,235,293 |
| Heather Getz | RSU | 157,123 | — | 597,067 |
| Steven Cashman | RSU | 333,334 | — | 1,266,669 |
| Heather Getz | RSU | 200,000 | — | 760,000 |
| Joseph DeVivo | RSU | 1,286,764 | — | 4,889,703 |
| John Doherty | RSU | 431,623 | — | 1,640,167 |
| John Doherty | RSU | 863,247 | — | 3,280,339 |
| Heather Getz | RSU | 220,588 | — | 838,234 |
| Heather Getz | RSU | 569,211 | — | 2,163,002 |
| Steven Cashman | RSU | 438,553 | — | 1,666,501 |
The Company's compensation program is designed to attract, retain, and motivate superior executive talent by aligning executive interests with stockholders through a mix of base salary, annual cash incentives tied to financial and operational goals, and long-term equity incentives. The compensation committee reviews target opportunities annually to ensure competitiveness and alignment with market data.
| CEO STI target (% of salary) | NaN% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pay Governance |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-18 | 614,118,861 | 8,857,243 | 517,710 | 98.58% | Passed |
| 2025 | 2025-06-12 | 600,745,053 | 19,269,410 | 505,463 | 96.89% | Passed |
| 2024 | 2024-06-07 | 579,270,270 | 15,449,010 | 380,096 | 97.4% | Passed |
| 2023 | 2023-06-16 | 582,421,266 | 14,649,528 | 503,233 | 97.55% | Passed |
| 2022 | 2022-06-16 | 573,285,942 | 30,100,760 | 342,847 | 95.01% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-18 | 98.58%a |
| 2025 | 2025-06-12 | 96.89%b |
| 2024 | 2024-06-07 | 97.4%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes, if any, will have no effect on the outcome of the vote on this proposal.”.
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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Larry RobbinsIndependent · Lead Independent Director · Audit · Compensation · Nominating and Corporate Governance | $100,107 | $184,998 | $0 | — | $0 | $285,105 |
| S. Louise PhanstielIndependent · Audit (Chair) · Compensation | 77,500 | 184,998 | 0 | — | 0 | 262,498 |
| Dawn CarforaIndependent · Audit · Compensation (Chair) · Not standing for re-election | 75,000 | 184,998 | 0 | — | 0 | 259,998 |
| Elazer Edelman, M.D., Ph.DIndependent · Technology (Chair) · Nominating and Corporate Governance | 70,000 | 184,998 | 0 | — | 0 | 254,998 |
| Erica Schwartz, M.D., J.D., M.P.HIndependent · Nominating and Corporate Governance (Chair) · Technology | 67,500 | 184,998 | 0 | — | 0 | 252,498 |
| Jonathan M. Rothberg, Ph.DNot independent · Technology | 57,500 | 184,998 | 0 | — | 0 | 242,498 |
| Joseph DeVivoEmployee director · Board Chair | — | — | — | — | — | 0 |
| Caroll H. NeubauerIndependent · Newly elected | — | — | — | — | — | — |
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $185,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $447,607 |
| Equity awards (grant-date value) | $1,109,988 |
| All other compensation | $0 |
| Total cost of the board | $1,557,595 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Butterfly Network | 2025 | Joseph 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.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Joseph DeVivo | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Executive Compensation”. As printed: 6,382,814. Filing ↗machine: r2 · c22 · span 387435–387444 |
| 2 | Section 01, John Doherty | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Executive Compensation”. As printed: 4,765,813. Filing ↗machine: r4 · c22 · span 395970–395979 |
| 3 | Section 01, Heather Getz | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Executive Compensation”. As printed: 3,036,131. Filing ↗machine: r7 · c22 · span 409188–409197 |
| 4 | Section 01, Steven Cashman | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Executive Compensation”. As printed: 2,523,338. Filing ↗machine: r5 · c22 · span 400499–400508 |
| 5 | Section 08, Larry Robbins | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Director Compensation”. As printed: 285,105. Filing ↗machine: span 837760–837935 |
| 6 | Section 08, S. Louise Phanstiel | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Director Compensation”. As printed: 262,498. Filing ↗machine: span 834352–834527 |
| 7 | Section 08, Dawn Carfora | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Director Compensation”. As printed: 259,998. Filing ↗machine: span 827892–828067 |
| 8 | Section 08, Elazer Edelman, M.D., Ph.D | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Director Compensation”. As printed: 254,998. Filing ↗machine: span 831342–831517 |
| 9 | Section 08, Erica Schwartz, M.D., J.D., M.P.H | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Director Compensation”. As printed: 252,498. Filing ↗machine: span 844109–844283 |
| 10 | Section 08, Jonathan M. Rothberg, Ph.D | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Director Compensation”. As printed: 242,498. Filing ↗machine: span 840778–840953 |
| 11 | Section 08, Joseph DeVivo | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 12 | Section 08, Caroll H. Neubauer | DEF 14A | 2026-04-27 | 0001140361-26-017118 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 13 | Section 06, 2026 vote | Form 8-K | 2026-06-22 | 0001804176-26-000021 | Item 5.07 · say-on-pay result. As reported: 98.58% (votes for as printed: 614,118,861). Filing ↗ |
| 14 | Section 06, 2025 vote | Form 8-K | 2025-06-17 | 0001628280-25-031848 | Item 5.07 · say-on-pay result. As reported: 96.89% (votes for as printed: 600,745,053). Filing ↗ |
| 15 | Section 06, 2024 vote | Form 8-K | 2024-06-13 | 0001558370-24-009137 | Item 5.07 · say-on-pay result. As reported: 97.4% (votes for as printed: 579,270,270). Filing ↗ |
| 16 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 17 | Section 09b board cost (computed) | Computed | — | — | Cash 447,607 + equity 1,109,988 + all other 0 = 1,557,595, summed across the director compensation table rows.machine: formula: Σ = 1,557,595 |
| 18 | Butterfly Network (subject), Section 10b CEO total | DEF 14A | 2026-04-27 | 0001140361-26-017118 | CEO total compensation as printed in Butterfly Network's own proxy. As printed: 6,382,814. Filing ↗machine: r2 · c22 · span 387435–387444 |
The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.
We'll email you a link to confirm.