Wood Larry L 4

4 · PROCEPT BioRobotics Corp · Filed Mar 9, 2026

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Updated Mar 9, 2026

PROCEPT (PRCT) CEO Larry Wood Receives RSU and Option Awards

What Happened

Larry L. Wood, President, CEO and a director of PROCEPT BioRobotics (PRCT), received equity awards on March 5, 2026 totaling 231,436 shares: 127,783 restricted stock units (RSUs) and 103,653 shares reported as a derivative award (stock option). Both awards were reported with an acquisition price of $0 (typical for grants).

Key Details

Transaction date: 2026-03-05; Form 4 filed 2026-03-09 (filed within the usual 2-business-day window).
Award amounts: 127,783 RSUs (F1) and 103,653 derivative shares (stock option, F2); combined = 231,436 shares.
Acquisition price reported: $0 for both awards (these are grants, not purchases).
Shares owned after the transaction: not specified in the filing.
Vesting (from footnotes):
- RSUs (F1): 25% vest on March 5, 2027; the remaining RSUs vest quarterly thereafter as 1/16th of the remainder each quarter over 36 months, subject to continued service.
- Stock option/derivative (F2): vests monthly at 1/48th of the optioned shares starting March 5, 2026, over four years, subject to continued employment.

Context

These are grants (awards), not open-market purchases or sales; they reflect compensation/retention incentives and vest over time contingent on continued service. The derivative award is a standard time‑vesting stock option structure, not an immediate exercise or cashless sale. No additional indicators of insider sentiment (e.g., sales or purchases) are provided in this filing.

Form 4

Period: 2026-03-05

DirectorPresident, CEO

Transactions

Award
Common Stock
[F1]
2026-03-05+127,783→ 313,378 total
Award
Stock Option (Right to Buy)
[F2]
2026-03-05+103,653→ 103,653 total
Exercise: $25.35Exp: 2036-03-04→ Common Stock (103,653 underlying)

Footnotes (2)

[F1]These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. One-quarter of the RSUs shall vest on March 5, 2027, with onesixteenth of the remaining RSUs vesting quarterly over 36 months, subject to the Reporting Person continuing as a service provider through such date.
[F2]1/48th of the shares subject to the Stock Option shall vest monthly from the vesting commencement date of March 5, 2026, over a four year period, subject continued employment or service by the Reporting Person to the Issuer through the applicable vesting date.

Signature

/s/ Jonathan Stone, as Attorney-in-Fact for Larry Wood|2026-03-09

1 file