---
schema_version: "secwatch.filing_event.v1"
accession: "0001588978-25-000045"
form_type: "8-K"
ticker: "PRCT"
cik: "0001588978"
company_name: "PROCEPT BioRobotics Corp"
filed_at: "2025-09-18T23:59:59+00:00"
generated_at: "2026-05-17T06:15:05.349938+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# PROCEPT BioRobotics modifies severance for non-CEO execs: severance doubled to 12 months, lump sum on change of control

## Summary
- Severance period for non-CEO execs increased from 6 to 12 months for termination without cause not tied to a change of control.
- Upon change of control, performance-based equity awards will vest at no less than target performance level.
- Cash severance payments for change of control termination changed from installments to single lump sum.
- Eligible executive officers will be asked to sign new agreements reflecting these changes; CEO terms unaffected.

## SEC filing metadata
- accession: 0001588978-25-000045
- form_type: 8-K
- ticker: PRCT
- cik: 0001588978
- company_name: PROCEPT BioRobotics Corp
- filed_at: 2025-09-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1588978/000158897825000045/0001588978-25-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1588978/000158897825000045/prct-20250915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001588978-25-000045
- JSON: https://secwatch.observer/filing/0001588978-25-000045.json
- Plain text: https://secwatch.observer/filing/0001588978-25-000045.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.