PROCEPT BioRobotics (NASDAQ: PRCT) reports 2026 shareholder vote outcomes
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
PROCEPT BioRobotics Corporation held its annual stockholder meeting on June 9, 2026. Stockholders elected three directors—Antal Desai, Mary Garrett, and Frederic Moll, M.D.—to serve until the 2029 annual meeting, with each receiving over 28 million votes in favor.
Stockholders also ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 47,328,539 votes for, 21,691 votes withheld, and 23,133 abstentions. In addition, they approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 26,984,867 votes for, 9,924,704 votes withheld, 45,735 abstentions, and 10,418,057 broker non-votes.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes for Antal Desai: 28,444,121 votes
Votes for Mary Garrett: 29,150,610 votes
Votes for Frederic Moll, M.D.: 36,455,610 votes
+3 more
6 metrics
Votes for Antal Desai
28,444,121 votes
Director election at 2026 annual meeting
Votes for Mary Garrett
29,150,610 votes
Director election at 2026 annual meeting
Votes for Frederic Moll, M.D.
36,455,610 votes
Director election at 2026 annual meeting
Votes for auditor ratification
47,328,539 votes
Ratification of PwC for year ending December 31, 2026
Votes for say-on-pay
26,984,867 votes
Non-binding advisory vote on executive compensation
Broker non-votes on pay
10,418,057 shares
Non-binding advisory vote on executive compensation
Key Terms
broker non-votes, non-binding advisory basis, independent registered public accounting firm, emerging growth company
4 terms
broker non-votes financial
"Votes For | Votes Withheld | Abstentions | Broker Non-Votes 26,984,867 | 9,924,704 | 45,735 | 10,418,057"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding advisory basis financial
"a proposal to approve, on a non-binding advisory basis, the compensation of the Company's named executive officers"
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
independent registered public accounting firm financial
"to ratify the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What did PROCEPT BioRobotics (PRCT) stockholders decide at the 2026 annual meeting?
Stockholders elected three directors, ratified the outside auditor, and approved executive compensation. Directors will serve until the 2029 annual meeting, and PricewaterhouseCoopers LLP was confirmed as auditor for the year ending December 31, 2026.
Which directors were elected at PROCEPT BioRobotics’ 2026 annual meeting?
Stockholders elected Antal Desai, Mary Garrett, and Frederic Moll, M.D., to the board. Each will serve until the 2029 annual meeting or until a successor is duly elected or appointed, in line with the company’s proxy materials.
How did PROCEPT BioRobotics (PRCT) stockholders vote on the auditor ratification?
Stockholders ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for 2026, with 47,328,539 votes for, 21,691 votes withheld, and 23,133 abstentions. This confirms PwC’s role in auditing the company’s 2026 financial statements.
Was PROCEPT BioRobotics’ executive compensation approved on an advisory basis?
Yes. The non-binding advisory vote on compensation for named executive officers was approved, with 26,984,867 votes for, 9,924,704 votes withheld, 45,735 abstentions, and 10,418,057 broker non-votes, reflecting general support for the compensation program.
What are broker non-votes in the PROCEPT BioRobotics (PRCT) 2026 meeting results?
Broker non-votes occur when brokers hold shares but are not instructed how to vote on certain proposals. For the director elections and executive pay proposal, there were 10,418,057 broker non-votes, which counted for quorum but not as votes for or against.