Butterfly Network (BFLY) executive compensation, 2026 proxy

Joseph M. DeVivo, President and Chief Executive Officer, was paid $6.4M in 2025, up 16% from $5.5M the year before.

Filed
April 27, 2026
Annual meeting
June 18, 2026
Pay year
2025
Named executives
4
CEO total pay
$6.4M+16% vs prior year
CEO pay in equity
67%$4.3M in awards
CEO Target Bonus
125%Of annual base salary
CEO 2025 Bonus Payout
$1,183,000131.25% of target achievement
Doherty Sign-On Bonus
$500,000Paid upon commencement
2025 Revenue Achievement
$97.6MFinancial metric component

How DeVivo was paid

$6.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary14%Stock awards67%Non-equity incentive19%All other compensation0%

Named executive officers

ExecutiveTotal
Joseph DeVivoPresident and Chief Executive Officer$6,382,814
John DohertyChief Financial Officer$4,765,813
Steven CashmanChief Business Officer$2,523,338
Heather GetzFormer Chief Financial & Operations Officer$3,036,131

What changed and why

  • $6.4MCEO total compensation increased to $6,382,814 in 2025 compared to $5,492,289 in 2024.
  • 105%Annual bonus plan achievement was funded at 105% based on financial and operational performance.
  • $500KJohn Doherty joined as Chief Financial Officer on December 8, 2025 with a $500,000 sign-on bonus.
  • Heather Getz departed as Chief Financial & Operations Officer in August 2025 and received severance.
  • $900KCEO base salary for 2025 was set at $900,300 and increased to $928,000 for 2026.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.