Business Context and Reporting Period
This Form 8-K reports on the 2026 Annual Meeting of Stockholders held by Butterfly Network, Inc. on June 18, 2026. The filing details the voting results for three proposals: the election of directors, the ratification of the independent auditor, and the advisory vote on executive compensation.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and voting outcomes rather than financial performance.
Material Changes and Voting Results
Stockholders voted on three key proposals. The voting structure involved Class A common stock (1 vote per share) and Class B common stock (20 votes per share) voting together as a single class.
- Proposal 1: Election of Directors. All seven nominees were elected to one-year terms. The nominees are Joseph DeVivo, Jonathan M. Rothberg, Ph.D., Larry Robbins, Caroll H. Neubauer, Elazer Edelman, M.D., Ph.D., S. Louise Phanstiel, and Erica Schwartz, M.D., J.D., M.P.H.
- Proposal 2: Ratification of Auditor. Stockholders approved the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
- Proposal 3: Executive Compensation. Stockholders approved the non-binding advisory vote on the compensation of named executive officers.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document serves as a record of the meeting's procedural outcomes.
Important Facts for Investors to Verify
- Verify the specific voting percentages for each director nominee to assess shareholder sentiment, noting that "Votes Against" ranged from approximately 785,000 to 1.6 million votes.
- Confirm the total number of shares present or represented by proxy: 163,228,826 Class A shares and 26,426,937 Class B shares.
- Review the Definitive Proxy Statement on Schedule 14A filed on April 27, 2026, for detailed descriptions of the proposals and executive compensation data referenced in this filing.
- Note the significant number of Broker Non-Votes (68,273,752) recorded for the director election and executive compensation proposals.