secwatch.observer — SEC 8-K summary
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Issuer:     PROCEPT BioRobotics Corp (PRCT)
CIK:        0001588978
Form:       8-K
Filed at:   2024-07-19T23:59:59+00:00
Accession:  0001628280-24-032343
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Director Krummel resigns; Thomas M. Prescott appointed new board member and chairperson
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- Dr. Thomas Krummel resigned from Board and Compensation Committee effective July 18, 2024; no disagreement with company.
- Thomas M. Prescott appointed as Board member and Chairperson effective July 18, 2024, filling vacancy.
- Prescott is independent; former President and CEO of Align Technology (2002-2015) and held executive roles at Cardiac Pathways and GE Medical.
- Prescott's term as Class I director expires at 2025 annual meeting; compensated per standard non-employee director program.
- Prescott will enter into company's standard director indemnification agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1588978/000162828024032343/0001628280-24-032343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1588978/000162828024032343/prct-20240718.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-032343

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