Tech — Software

Health Catalyst Executive Compensation (FY25)

HCAT · South Jordan, UT · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Daniel Burton
Median of the other named officers
$1,811,522
5 officers, excluding the chief executive
Latest say-on-pay support
=
July 16, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 19, 2026Latest filing (8-K): July 20, 2026
10 filings cited on this page
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322 figures on this page: 316 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Daniel Burton: $5,494,141 → $3,991,159 (27.4% lower)
Say-on-pay support: 98.3% → 97.6% (0.7 points lower)
CEO pay ratio: 46:1 → 35:1 (23.9% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Health Catalyst's chief executive and what were they paid?
Daniel Burton, Chief Executive Officer, received $3,991,159 in total compensation for fiscal 2025. Burton's total was 27.4% lower than the $5,494,141 reported for fiscal 2024.
What was Health Catalyst's say-on-pay result?
The say-on-pay proposal drew 97.6% of votes cast for or against in favor at the meeting held July 16, 2026 for fiscal 2025.
Which companies are in Health Catalyst's peer group?
Companies named in the disclosed peer group include Accolade, American Well, Amplitude, Certara and Computer Programs and Systems, among others.
What is Health Catalyst's chief executive pay ratio?
The company reported a chief executive pay ratio of 35:1 for fiscal 2025, against median employee compensation of $113,064.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Patrick Nelli
Former President
Departed during or after this year
◇—◇—◇—◇◇
Daniel Burton
Chief Executive Officer
◇—◇———◇◇
Paul Horstmeier
Chief Operating Officer
◇—◇—◇—◇◇
Bryan Hunt
Chief Financial Officer
◇—◇—◇—◇◇
Kevin Freeman
Chief Commercial Officer
◇—◇—◇—◇◇
Daniel Orenstein
General Counsel
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Bryan Hunt
Chief Financial Officer
◇—◇—◇—◇◇
Linda Llewelyn
Chief People Officer
◇—◇—◇—◇◇
Benjamin Landry
General Counsel
◇—◇—◇—◇◇
Daniel Orenstein
General Counsel
◇—◇———◇◇
Jason Alger
Chief Financial Officer and former Chief Accounting Officer
◇—◇—◇—◇◇
Kevin Freeman
Chief Commercial Officer
◇—◇—◇—◇◇
Daniel Burton
Chief Executive Officer
———————— not reported
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Daniel Burton
Chief Executive Officer
◇—◇—◇—◇◇
Kevin Freeman
Chief Commercial Officer
◇—◇—◇—◇◇
Benjamin Landry
General Counsel
◇—◇—◇—◇◇
Linda Llewelyn
Chief People Officer
◇—◇—◇—◇◇
Jason Alger
Chief Financial Officer
◇—◇—◇—◇◇
Bryan Hunt
Former Chief Financial Officer
Departed during or after this year
◇—————◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Daniel Burton
Chief Executive Officer
◇—◇———◇◇
Benjamin Albert
Chief Operating Officer and President
◇◇◇———◇◇
Jason Alger
Chief Financial Officer
◇—◇———◇◇
Kevin Freeman
Chief Commercial Officer
◇—◇———◇◇
Dan LeSueur
Former Chief Operating Officer
Departed during or after this year
◇—◇———◇◇
Benjamin Landry
General Counsel
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Benjamin AlbertRSU◇—————◇
Benjamin AlbertRSU◇—————◇
Benjamin AlbertPSU◇◇——◇—◇
Benjamin AlbertPSU◇◇——◇—◇
Benjamin LandryRSU◇—————◇
Benjamin LandryPSU◇◇——◇—◇
Benjamin LandryPSU◇◇——◇—◇
Dan LeSueurRSU◇——◇——◇
Dan LeSueurPSU◇◇——◇—◇
Dan LeSueurPSU◇◇——◇—◇
Daniel BurtonPSU◇◇——◇—◇
Daniel BurtonPSU◇◇——◇—◇
Daniel BurtonRSU◇—————◇
Jason AlgerPSU◇◇——◇—◇
Jason AlgerRSU◇—————◇
Jason AlgerPSU◇◇——◇—◇
Kevin FreemanRSU◇—————◇
Kevin FreemanPSU◇◇——◇—◇
Kevin FreemanPSU◇◇——◇—◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Benjamin AlbertRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Daniel BurtonRSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇9/27/28
RSU◇◇——
RSU◇◇——
Kevin FreemanRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jason AlgerRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Benjamin LandryRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Dan LeSueurRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Benjamin Albert
Chief Operating Officer and President · Offer letter
Severance multiple◇
Severance base◇
Benjamin Landry
General Counsel · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Daniel Burton
Chief Executive Officer · Severance agreement · citing a 2025 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Jason Alger
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Kevin Freeman
Chief Commercial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John A. Kane
◇◇————◇
Justin Spencer
◇◇————◇
Duncan Gallagher
—◇————◇
Julie Larson-Green
—◇————◇
Jill Hoggard Green
◇◇————◇
S. Dawn Smith
◇◇————◇
Mathew Arens, Steven Nelson, Daniel Burton, Matthew Kolb and Benjamin Albert served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Accolade ACCD
  • American Well AMWL
  • Amplitude AMPL
  • Certara CERT
  • Computer Programs and Systems symbol not shown
  • Consensus Cloud Solutions CCSI
  • Definitive Healthcare DH
  • DocGo DCGO
  • Domo DOMO
  • Everbridge EVBG
  • Grid Dynamics GDYN
  • HealthStream HSTM
  • Model N MODN
  • National Research NRC
  • Nutex Health NUTX
  • OptimizeRx OPRX
  • Phreesia PHR
  • Sharecare SHCR
  • TruBridge TBRG
  • Upland Software UPLD
  • Yext YEXT
  • Zuora ZUO

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025July 16, 2026=◇◇◇
2024July 9, 2025=◇◇◇
2023June 13, 2024=◇◇◇
2022June 14, 2023=◇◇◇
2021June 14, 2022=◇◇◇
2020June 10, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Daniel Burton (Chief Executive Officer), FY2025 total compensation $3,991,159 (base salary $525,000) [exec_comp, SEC accession 0001636422-26-000075, filed 2026-06-03]

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What this page does not include

Everything above is a fact Health Catalyst disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Health Catalyst sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
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A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
322 figures on this page: 316 cited to the filing that reported them, 6 calculated from figures it prints.
316 cited to the filing
6 calculated from the filing

Documents cited

  1. 0001636422-26-000085
    Proposal 3 – Advisory, Non-Binding Vote to Approve the Compensation of the Company’s Named Executive Officers The stockholders approved the advisory, non-binding proposal to approve the compensation o
  2. 0001636422-26-000075
    CEO Pay Ratio · ELECTION OF DIRECTORS · Non-Employee Director Compensation · Outstanding Equity Awards at · and 1 more section
  3. 0001636422-25-000096
    Proposal 3 – Advisory, Non-Binding Vote to Approve the Compensation of the Company’s Named Executive Officers The stockholders approved the advisory, non-binding proposal to approve the compensation o
  4. 0001636422-25-000075
    Compensation Discussion and Analysis
  5. 0001636422-24-000097
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001636422-24-000058
    2023 Summary Compensation Table
  7. 0001636422-23-000086
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001636422-23-000046
    2022 Summary Compensation Table
  9. 0001636422-22-000027
  10. 0001636422-21-000052
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Health Catalyst executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/HCAT (accessed 2026).
Short form: data: Velarion

The Health Catalyst brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Software rankings

Peers Health Catalyst discloses

The companies named in HCAT's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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