Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2026-01-29

DarioHealth Corp. (DRIO)

Fiscal year 2024 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.

$1,996,152
Tomer Ben Kiki total, FY2024
Former Chief Operations Officerhighest-paid officer; CEO Erez Raphael: $1,962,084
CEO (Erez Raphael) pay percentile vs peers
2:1
CEO-to-median pay ratio
97.42%
Say-on-pay support, latest vote
Companies that benchmark against DRIO
No companies currently name DRIO as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Tomer Ben Kiki$384,041$0$0$1,573,421$0$0$38,690$1,996,152
Former Chief Operations Officer
Erez Raphael448,29301,344,000000169,7911,962,084
Chief Executive Officer
Richard Anderson345,00000962,2500059,0741,366,324
Former President
Zvi Ben David327,3110672,00000087,1441,086,455
former Chief Financial Officer
Steven Nelson212,30800532,5000044,564789,372
Chief Commercial 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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Tomer Ben Kiki$1,996,152
Erez Raphael1,962,084722,187+1,239,897
Richard Anderson1,366,324536,648+829,676
Zvi Ben David1,086,455342,584+743,871
Steven Nelson789,372

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.

03

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Tomer Ben-KikiOPTION2024-11-0415,983
Richard AndersonOPTION2024-03-0637,500
Tomer Ben-KikiOPTION2024-02-1535,898
Steven NelsonOPTION2024-06-0525,00031,153
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Steven Nelson$0$0$31,1530.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Richard AndersonOption90,0008.41
Richard AndersonOption234,3751.68
Richard AndersonOption91,65217.89
Richard AndersonOption22,5007.19
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)NaN%
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-01-294,070,845107,6914,32597.42%Passed
20232023-12-118,934,1992,952,539639,95575.16%Passed
20202020-10-145,725,027107,49570,73498.16%Passed
20172017-12-045,222,83164,8037,18498.77%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
20262026-01-2997.42%a
20232023-12-1175.16%b
20202020-10-1498.16%c

a. Approved under the standard stated in the filing — “Abstentions are considered present for purposes of establishing a quorum but will have no effect on the approval of the Say on Pay Proposal.”.

b. Approved under the standard stated in the filing — “Abstentions are considered present for purposes of establishing a quorum but will have no effect on the approval of the Say on Pay Proposal.”.

c. Approved under the standard stated in the filing — “Abstentions are considered present for purposes of establishing a quorum but will have no effect on the approval of the Say on Pay 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.

07

CEO pay ratio

Ratio (CEO : median employee)2 : 1
CEO total compensation$1,962,084
Median employee compensation
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Dennis M. McGrathIndependent · Audit (Chair) · Compensation (Chair)$70,000$134,400$0$0$204,400
Yoav ShakedIndependent · Board Chair · Audit · Compensation · Nominating/Governance17,500151,20000168,700
Dennis MatheisIndependent · Audit · Nominating/Governance (Chair)17,500117,60000135,100
Hila KarahIndependent · Compensation17,500117,60000135,100
Jon KaplanIndependent · Not standing for re-election · Departed during FY12,500117,60000130,100
Adam SternIndependent12,500117,60000130,100
Erez RaphaelEmployee director00000
Lawrence LeisureIndependent · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$147,500
Equity awards (grant-date value)$756,000
All other compensation$0
Total cost of the board$903,500

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

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
1DarioHealth Corp.2024Erez Raphael$448,293$1,344,000$0$0$1,962,084

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.

FAQ

Frequently asked questions

Who was the highest-paid executive at DarioHealth Corp. in fiscal 2024?
The highest-paid executive at DarioHealth Corp. in fiscal 2024 was Tomer Ben Kiki, Former Chief Operations Officer, with total compensation of $1,996,152.
How does DarioHealth Corp.'s chief executive pay compare to its disclosed peer group?
As disclosed, the CEO-to-median employee pay ratio was 2:1, and the CEO pay percentile of disclosed peers is not disclosed in this extract.
What is DarioHealth Corp.'s CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio was 2:1.
How did shareholders vote on DarioHealth Corp.'s executive compensation?
As disclosed, shareholder support for the latest executive compensation vote was 97.42%.
How much does DarioHealth Corp. spend in total on board compensation for fiscal 2024?
The filing shows total board compensation for fiscal 2024 was $903,500.

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.

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, Tomer Ben KikiDEF 14A2025-12-220001104659-25-123724Section “Summary Compensation Table”. As printed: 1,996,152. Filing ↗machine: t5 · r9 · c53 · span 401081–401090
2Section 01, Erez RaphaelDEF 14A2025-12-220001104659-25-123724Section “Summary Compensation Table”. As printed: 1,962,084. Filing ↗machine: t5 · r1 · c53 · span 354785–354794
3Section 01, Richard AndersonDEF 14A2025-12-220001104659-25-123724Section “Summary Compensation Table”. As printed: 1,366,324. Filing ↗machine: t5 · r5 · c53 · span 378020–378029
4Section 01, Zvi Ben DavidDEF 14A2025-12-220001104659-25-123724Section “Summary Compensation Table”. As printed: 1,086,455. Filing ↗machine: t5 · r3 · c53 · span 366348–366357
5Section 01, Steven NelsonDEF 14A2025-12-220001104659-25-123724Section “Summary Compensation Table”. As printed: 789,372. Filing ↗machine: t5 · r7 · c53 · span 389667–389674
6Section 03, Tomer Ben-Kiki OPTIONDEF 14A2025-12-220001104659-25-123724Section “ELECTION OF EACH OF THE DIRECTOR NOMINEES. &” · grants of plan-based awards table. Filing ↗machine: span 423596–423602
7Section 03, Richard Anderson OPTIONDEF 14A2025-12-220001104659-25-123724Section “ELECTION OF EACH OF THE DIRECTOR NOMINEES. &” · grants of plan-based awards table. Filing ↗machine: span 418821–418827
8Section 03, Tomer Ben-Kiki OPTIONDEF 14A2025-12-220001104659-25-123724Section “ELECTION OF EACH OF THE DIRECTOR NOMINEES. &” · grants of plan-based awards table. Filing ↗machine: span 207962–207968
9Section 03, Steven Nelson OPTIONDEF 14A2025-12-220001104659-25-123724Section “ELECTION OF EACH OF THE DIRECTOR NOMINEES. &” · grants of plan-based awards table. Filing ↗machine: span 295778–295784
10Section 07, pay ratioDEF 14A2025-12-220001104659-25-123724Section “CEO Pay Ratio”. As printed: 2 : 1. Filing ↗
11Section 08, Dennis M. McGrathDEF 14A2025-05-300001104659-25-054861Section “Director Compensation”. As printed: 204,400. Filing ↗machine: t10 · r1 · c47 · span 564565–564572
12Section 08, Yoav ShakedDEF 14A2025-05-300001104659-25-054861Section “Director Compensation”. As printed: 168,700. Filing ↗machine: t10 · r5 · c47 · span 583990–583997
13Section 08, Dennis MatheisDEF 14A2025-05-300001104659-25-054861Section “Director Compensation”. As printed: 135,100. Filing ↗machine: t10 · r3 · c47 · span 574327–574334
14Section 08, Hila KarahDEF 14A2025-05-300001104659-25-054861Section “Director Compensation”. As printed: 135,100. Filing ↗machine: t10 · r4 · c47 · span 579145–579152
15Section 08, Jon KaplanDEF 14A2025-05-300001104659-25-054861Section “Director Compensation”. As printed: 130,100. Filing ↗machine: t10 · r2 · c47 · span 569480–569487
16Section 08, Adam SternDEF 14A2025-05-300001104659-25-054861Section “Director Compensation”. As printed: 130,100. Filing ↗machine: t10 · r6 · c47 · span 588810–588817
17Section 08, Erez RaphaelDEF 14A2025-05-300001104659-25-054861Section “Director Compensation”. As printed: 0. Filing ↗
18Section 08, Lawrence LeisureDEF 14A2025-05-300001104659-25-054861Section “Director Compensation”. As printed: 0. Filing ↗
19Section 06, 2026 voteForm 8-K2026-01-290001104659-26-007974Item 5.07 · say-on-pay result. As reported: 97.42% (votes for as printed: 4,070,845). Filing ↗
20Section 06, 2023 voteForm 8-K2023-12-110001104659-23-124996Item 5.07 · say-on-pay result. As reported: 75.16% (votes for as printed: 8,934,199). Filing ↗
21Section 06, 2020 voteForm 8-K2020-10-140001104659-20-114883Item 5.07 · say-on-pay result. As reported: 98.16% (votes for as printed: 5,725,027). Filing ↗machine: span 30064–31751
22Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
23Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
24Section 09b board cost (computed)ComputedcomputedCash 147,500 + equity 756,000 + all other 0 = 903,500, summed across the director compensation table rows.machine: formula: Σ = 903,500
25DarioHealth Corp. (subject), Section 10b CEO totalDEF 14A2025-12-220001104659-25-123724CEO total compensation as printed in DarioHealth Corp.'s own proxy. As printed: 1,962,084. Filing ↗machine: t5 · r1 · c53 · span 354785–354794