Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-10

PROCEPT BioRobotics (PRCT)

Fiscal year 2025 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.

$16,783,853
Larry Wood total, FY2025
99th
CEO pay percentile vs peers
132:1
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against PRCT
6 companies name PRCT as a compensation peer

Each company listed discloses PRCT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named PRCT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Larry Wood$304,830$1,700,000$7,217,251$7,226,599$243,864$0$91,309$16,783,853
President & Chief Executive Officer
Reza Zadno471,30603,790,4091,289,314472,0000743,2476,766,276
Former President & Chief Executive Officer
Kevin Waters502,25001,480,761503,594256,14807,5002,750,253
EVP, Chief Financial Officer
Alaleh Nouri471,50001,177,882400,586220,42607,5002,277,894
EVP, Chief Legal Officer & Corporate Secretary
Hisham Shiblaq335,95801,009,596343,37200275,8141,964,740
Former EVP, 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Larry Wood$16,783,853
Reza Zadno6,766,2766,521,8766,088,813+244,400
Kevin Waters2,750,2532,187,9882,665,306+562,265
Alaleh Nouri2,277,8942,653,7512,193,961−375,857
Hisham Shiblaq1,964,7403,587,2082,631,135−1,622,468

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

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Kevin WatersEVP, CFO2026-06-08D357$28$10,167CommonForm 4 ↗
Barry L. TemplinEVP, Chief Technology Officer2026-06-08D3582810,195CommonForm 4 ↗
Alaleh NouriEVP, CLO, CORP. SEC.2026-06-08D285288,117CommonForm 4 ↗
Antal DesaiDirector2026-06-09A5,85300Derivative, Class A CommonForm 4 ↗
Amy DodrillDirector2026-06-09A3,31500CommonForm 4 ↗
Amy DodrillDirector2026-06-09A5,85300Derivative, Class A CommonForm 4 ↗
Mary GarrettDirector2026-06-09A5,85300Derivative, Class A CommonForm 4 ↗
Taylor HarrisDirector2026-06-09A3,31500CommonForm 4 ↗
Elisabeth LittleDirector2026-06-09A5,85300Derivative, Class A CommonForm 4 ↗
Frederic H. MollDirector2026-06-09A3,31500CommonForm 4 ↗
Frederic H. MollDirector2026-06-09A5,85300Derivative, Class A CommonForm 4 ↗
Thomas M. PrescottDirector2026-06-09A5,85300Derivative, Class A CommonForm 4 ↗
Daniel PuckettDirector2026-06-09A5,85300Derivative, Class A CommonForm 4 ↗
Mary GarrettDirector2026-06-09A3,31500CommonForm 4 ↗
Taylor HarrisDirector2026-06-09A5,85300Derivative, Class A CommonForm 4 ↗
Antal DesaiDirector2026-06-09A3,31500CommonForm 4 ↗
Elisabeth LittleDirector2026-06-09A3,31500CommonForm 4 ↗
Thomas M. PrescottDirector2026-06-09A3,31500CommonForm 4 ↗
Daniel PuckettDirector2026-06-09A3,31500CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Larry WoodOPTION2025-09-02319,618$7,226,599
Alaleh NouriOPTION2025-03-0311,445400,586
Kevin WatersPSU2025-03-038,14514,25416,2901,480,761
Alaleh NouriPSU2025-03-036,47911,33812,9581,177,882
Hisham ShiblaqOPTION2025-03-039,810343,372
Kevin WatersOPTION2025-03-0314,388503,594
Larry WoodRSU2025-09-02182,3927,217,251
Reza ZadnoPSU2025-03-0320,84936,48641,6993,790,409
Reza ZadnoOPTION2025-03-0336,8311,289,314
Hisham ShiblaqPSU2025-03-035,5539,71811,1071,009,596
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Larry Wood$7,217,251$0$7,226,5990.0%
Alaleh Nouri01,177,882400,58674.6%
Kevin Waters01,480,761503,59474.6%
Hisham Shiblaq01,009,596343,37274.6%
Reza Zadno03,790,4091,289,31474.6%

% 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 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Reza ZadnoOption4,97434.99
Kevin WatersRSU16,290512,483
Kevin WatersOption6,50547.17
Kevin WatersRSU13,158413,951
Reza ZadnoRSU9,828309,189
Reza ZadnoRSU32,8951,034,877
Larry WoodRSU182,3925,738,052
Reza ZadnoRSU36,4321,146,151
Kevin WatersRSU6,637208,800
Kevin WatersRSU2,03664,053
Larry WoodOption73451.08
Reza ZadnoRSU5,212163,970
Kevin WatersRSU2,69784,848
Kevin WatersRSU9,957313,247
Reza ZadnoRSU24,287764,069
Larry WoodOption319,61839.57
Reza ZadnoOption37,29237.02
Reza ZadnoOption23,80047.17
Kevin WatersRSU1,97962,259
Kevin WatersOption1,00234.99
Kevin WatersOption14,91737.02
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to attract and retain our NEOs, align the interests of our NEOs with the interests of our stockholders, and incentivize and reward performance that contributes to our short-term and long-term success. Generally, this is accomplished by tying a substantial portion of our NEOs total compensation to the achievement of meaningful pre-set, objective financial or operating goals, such as in our annual incentive program, or to our stock price, via our long-term incentive program, making it variable and thus putting it at risk.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultantAlpine
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
07

CEO pay ratio

Ratio (CEO : median employee)132 : 1
CEO total compensation$23,550,129
Median employee compensation$178,612
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Thomas M. PrescottIndependent · Board Chair · Audit$100,376$98,786$98,690$0$297,852
Taylor HarrisIndependent · Audit (Chair)68,54498,78698,6900266,020
Elisabeth LittleIndependent · Compensation (Chair) · Nominating/Governance68,54498,78698,6900266,020
Amy DodrillIndependent · Audit · Compensation66,04498,78698,6900263,520
Antal DesaiIndependent · Compensation · Nominating/Governance61,04498,78698,6900258,520
Mary GarrettIndependent · Nominating/Governance (Chair)58,54498,78698,6900256,020
Frederic Moll, M.DIndependent48,54498,78698,6900246,020
Daniel PuckettIndependent · Audit · Newly elected00000
Larry L. WoodEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$197,476
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)50,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$471,640
Equity awards (grant-date value)$691,502
All other compensation$0
Total cost of the board$1,163,142

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

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies PROCEPT BioRobotics names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including PROCEPT BioRobotics.

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
1PROCEPT BioRobotics2025Larry Wood$304,830$7,217,251$7,226,599$243,864$16,783,853
2Silk Road Medical2023Chas McKhann105,87113,123,059093,27513,423,834
3Nevro2023Kevin Thornal515,62510,080,1730402,75011,453,548
4Revance Therapeutics2023Mark Foley720,0008,810,7310522,72010,068,915
5Inspire Medical Systems2025Timothy Herbert750,5725,999,6550961,5577,711,784
6Certara2025William Feehery795,6754,927,5020747,9356,491,387
7RxSight2025Ron Kurtz630,62503,816,530202,9354,650,661
8OrthoPediatrics2025David Bailey550,0002,445,2000322,2813,331,481
9Paragon 282023Albert DaCosta700,7691,832,4950667,4003,232,420
10Penumbra2025Adam Elsesser850,000000851,621

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
PROCEPT BioRobotics80%RSU 50 · PSU 25 · Options 25Yes — Relative TSRAlpine
Certara94%PSU 60 · RSU 40Yes — annualized total stockholder return (ATSR)Meridian Compensation Partners
Inspire Medical Systems111.4%PSU 50 · RSU 50NoAon
Nevro53.7%RSU 50 · PSU 50NoAon
OrthoPediatrics78.2%RSU 100not disclosedNFP Compensation Consulting
Paragon 2894%RSU 100not disclosedCompensia, Inc.
Penumbranot disclosednot disclosedNoCompensia
Revance Therapeutics96.8%PSU 100NoFW Cook
RxSight32.18%Options 100not disclosedAon Human Capital Solutions
Silk Road Medicalnot disclosedPSU 50 · RSU 50not disclosedCompensia

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

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, Larry WoodDEF 14A2026-04-220001588978-26-000017Section “Summary Compensation Table”. As printed: 16,783,853. Filing ↗machine: r2 · c48 · span 520911–520921
2Section 01, Reza ZadnoDEF 14A2026-04-220001588978-26-000017Section “Summary Compensation Table”. As printed: 6,766,276. Filing ↗machine: r3 · c48 · span 523134–523143
3Section 01, Kevin WatersDEF 14A2026-04-220001588978-26-000017Section “Summary Compensation Table”. As printed: 2,750,253. Filing ↗machine: r6 · c48 · span 529624–529633
4Section 01, Alaleh NouriDEF 14A2026-04-220001588978-26-000017Section “Summary Compensation Table”. As printed: 2,277,894. Filing ↗machine: r12 · c48 · span 543103–543112
5Section 01, Hisham ShiblaqDEF 14A2026-04-220001588978-26-000017Section “Summary Compensation Table”. As printed: 1,964,740. Filing ↗machine: r9 · c48 · span 536599–536608
6Section 03, Larry Wood OPTIONDEF 14A2026-04-220001588978-26-000017Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t27 · r7 · c17 · span 579383–579390
7Section 03, Alaleh Nouri OPTIONDEF 14A2026-04-220001588978-26-000017Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t27 · r19 · c17 · span 618290–618296
8Section 03, Kevin Waters PSUDEF 14A2026-04-220001588978-26-000017Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t27 · r12 · c13 · span 594673–594679
9Section 03, Alaleh Nouri PSUDEF 14A2026-04-220001588978-26-000017Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t27 · r18 · c13 · span 614191–614197
10Section 03, Hisham Shiblaq OPTIONDEF 14A2026-04-220001588978-26-000017Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t27 · r16 · c17 · span 607807–607812
11Section 03, Kevin Waters OPTIONDEF 14A2026-04-220001588978-26-000017Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t27 · r13 · c17 · span 598772–598778
12Section 03, Larry Wood RSUDEF 14A2026-04-220001588978-26-000017Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t27 · r6 · c15 · span 575717–575724
13Section 03, Reza Zadno PSUDEF 14A2026-04-220001588978-26-000017Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t26 · r3 · c7 · span 522154–522163
14Section 03, Reza Zadno OPTIONDEF 14A2026-04-220001588978-26-000017Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t26 · r3 · c9 · span 522400–522409
15Section 03, Hisham Shiblaq PSUDEF 14A2026-04-220001588978-26-000017Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t27 · r15 · c13 · span 604334–604339
16Section 07, pay ratioDEF 14A2026-04-220001588978-26-000017Section “CEO Pay Ratio”. As printed: 132 : 1. Filing ↗machine: span 815315–815318
17Section 08, Thomas M. PrescottDEF 14A2026-04-220001588978-26-000017Section “Director Compensation”. As printed: 297,852. Filing ↗machine: t12 · r9 · c10 · span 253466–253473
18Section 08, Taylor HarrisDEF 14A2026-04-220001588978-26-000017Section “Director Compensation”. As printed: 266,020. Filing ↗machine: t12 · r6 · c10 · span 248053–248060
19Section 08, Elisabeth LittleDEF 14A2026-04-220001588978-26-000017Section “Director Compensation”. As printed: 266,020. Filing ↗machine: t12 · r8 · c10 · span 251657–251664
20Section 08, Amy DodrillDEF 14A2026-04-220001588978-26-000017Section “Director Compensation”. As printed: 263,520. Filing ↗machine: t12 · r4 · c10 · span 244470–244477
21Section 08, Antal DesaiDEF 14A2026-04-220001588978-26-000017Section “Director Compensation”. As printed: 258,520. Filing ↗machine: t12 · r3 · c10 · span 242680–242687
22Section 08, Mary GarrettDEF 14A2026-04-220001588978-26-000017Section “Director Compensation”. As printed: 256,020. Filing ↗machine: t12 · r5 · c10 · span 246261–246268
23Section 08, Frederic Moll, M.DDEF 14A2026-04-220001588978-26-000017Section “Director Compensation”. As printed: 246,020. Filing ↗machine: t12 · r7 · c10 · span 249851–249858
24Section 08, Daniel PuckettDEF 14A2026-04-220001588978-26-000017Section “Director Compensation”. As printed: 0. Filing ↗
25Section 08, Larry L. WoodDEF 14A2026-04-220001588978-26-000017Section “Director Compensation”. As printed: 0. Filing ↗
26Section 02, Kevin Waters 2026-06-08Form 42026-06-100001628280-26-042218Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Barry L. Templin 2026-06-08Form 42026-06-100001628280-26-042213Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Alaleh Nouri 2026-06-08Form 42026-06-100001628280-26-042223Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Antal Desai 2026-06-09Form 42026-06-100001628280-26-042277Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Amy Dodrill 2026-06-09Form 42026-06-100001628280-26-042273Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Amy Dodrill 2026-06-09Form 42026-06-100001628280-26-042273Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Mary Garrett 2026-06-09Form 42026-06-100001628280-26-042270Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Taylor Harris 2026-06-09Form 42026-06-100001628280-26-042267Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Elisabeth Little 2026-06-09Form 42026-06-100001628280-26-042263Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Frederic H. Moll 2026-06-09Form 42026-06-100001628280-26-042260Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Frederic H. Moll 2026-06-09Form 42026-06-100001628280-26-042260Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Thomas M. Prescott 2026-06-09Form 42026-06-100001628280-26-042256Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Daniel Puckett 2026-06-09Form 42026-06-100001628280-26-042252Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Mary Garrett 2026-06-09Form 42026-06-100001628280-26-042270Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Taylor Harris 2026-06-09Form 42026-06-100001628280-26-042267Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Antal Desai 2026-06-09Form 42026-06-100001628280-26-042277Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Elisabeth Little 2026-06-09Form 42026-06-100001628280-26-042263Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Thomas M. Prescott 2026-06-09Form 42026-06-100001628280-26-042256Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Daniel Puckett 2026-06-09Form 42026-06-100001628280-26-042252Insider equity transaction reported since the proxy statement. Filing ↗
45Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
46Section 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
47Section 09b board cost (computed)ComputedcomputedCash 471,640 + equity 691,502 + all other 0 = 1,163,142, summed across the director compensation table rows.machine: formula: Σ = 1,163,142
48PROCEPT BioRobotics (subject), Section 10b CEO totalDEF 14A2026-04-220001588978-26-000017CEO total compensation as printed in PROCEPT BioRobotics's own proxy. As printed: 16,783,853. Filing ↗machine: r2 · c48 · span 520911–520921
49Silk Road Medical, Section 10b CEO totalDEF 14A2024-04-260001397702-24-000024CEO total compensation as printed in Silk Road Medical's own proxy. As printed: 13,423,834. Filing ↗machine: r2 · c8 · span 1756696–1756706
50Nevro, Section 10b CEO totalDEF 14A2024-04-120000950170-24-044100CEO total compensation as printed in Nevro's own proxy. As printed: 11,453,548. Filing ↗machine: r2 · c16 · span 631983–631993
51Revance Therapeutics, Section 10b CEO totalDEF 14A2024-03-210001479290-24-000071CEO total compensation as printed in Revance Therapeutics's own proxy. As printed: 10,068,915. Filing ↗machine: span 884809–884819
52Inspire Medical Systems, Section 10b CEO totalDEF 14A2026-03-200001140361-26-010490CEO total compensation as printed in Inspire Medical Systems's own proxy. As printed: 7,711,784. Filing ↗machine: r2 · c25 · span 1164868–1164877
53Certara, Section 10b CEO totalDEF 14A2026-04-030001104659-26-039372CEO total compensation as printed in Certara's own proxy. As printed: 6,491,387. Filing ↗machine: r1 · c42 · span 883232–883241
54RxSight, Section 10b CEO totalDEF 14A2026-04-280001193125-26-187240CEO total compensation as printed in RxSight's own proxy. As printed: 4,650,661. Filing ↗machine: t20 · r4 · c24 · span 978530–978539
55OrthoPediatrics, Section 10b CEO totalDEF 14A2026-04-200001425450-26-000027CEO total compensation as printed in OrthoPediatrics's own proxy. As printed: 3,331,481. Filing ↗machine: r2 · c36 · span 363407–363416
56Paragon 28, Section 10b CEO totalDEF 14A2024-04-050001193125-24-088613CEO total compensation as printed in Paragon 28's own proxy. As printed: 3,232,420. Filing ↗machine: t193 · r2 · c31 · span 598805–598814
57Penumbra, Section 10b CEO totalDEF 14A2026-04-290001321732-26-000010CEO total compensation as printed in Penumbra's own proxy. As printed: 851,621. Filing ↗machine: span 424797–424804
58Section 10a, RxSight reciprocityDEF 14A0001193125-26-187240RxSight's most recent proxy was read; its disclosed peer group does not include PROCEPT BioRobotics. Filing ↗
59Section 10a, Inspire Medical Systems reciprocityDEF 14A0001140361-26-010490Inspire Medical Systems's most recent proxy was read; its disclosed peer group does not include PROCEPT BioRobotics. Filing ↗
60Section 10a, Nevro reciprocityDEF 14A0000950170-24-044100Nevro's most recent proxy was read; its disclosed peer group does not include PROCEPT BioRobotics. Filing ↗
61Section 10a, Paragon 28 reciprocityDEF 14A0001193125-24-088613Paragon 28's most recent proxy was read; its disclosed peer group does not include PROCEPT BioRobotics. Filing ↗
62Section 10a, Penumbra reciprocityDEF 14A0001321732-26-000010Penumbra's most recent proxy was read; its disclosed peer group does not include PROCEPT BioRobotics. Filing ↗
63Section 10a, Silk Road Medical reciprocityDEF 14A0001397702-24-000024Silk Road Medical's most recent proxy was read; its disclosed peer group does not include PROCEPT BioRobotics. Filing ↗
64Section 10a, Certara reciprocityDEF 14A0001104659-26-039372Certara's most recent proxy was read; its disclosed peer group does not include PROCEPT BioRobotics. Filing ↗
65Section 10a, Revance Therapeutics reciprocityDEF 14A0001479290-24-000071Revance Therapeutics's most recent proxy was read; its disclosed peer group does not include PROCEPT BioRobotics. Filing ↗