secwatch.observer — SEC 8-K summary
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Issuer:     Butterfly Network, Inc. (BFLY)
CIK:        0001804176
Form:       8-K
Filed at:   2025-10-09T23:59:59+00:00
Accession:  0001804176-25-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Butterfly Network appoints John Doherty as CFO effective Dec 8, 2025
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- John Doherty, former CFO of Kaltura and Magic Leap, named EVP, CFO of Butterfly Network, effective Dec 8, 2025.
- Compensation: $530K salary, $500K sign-on bonus, $250K 2025 bonus, $2M RSUs, and $1M performance RSUs with targets at $3/$4.50/$6 per share.
- Interim CFO Megan Carlson returns to CAO and SVP Finance; receives $200K retention bonus payable after Dec 31, 2026.
- Doherty brings over 25 years of experience; led $1B+ financing at Magic Leap and $100B+ transactions at Verizon.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1804176/000180417625000004/0001804176-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1804176/000180417625000004/bfly-20251005.htm
  HTML page:      https://secwatch.observer/filing/0001804176-25-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer