Transenterix CEO Todd Pope Earned 23 Percent More in 2017

The chief executive officer of TransEnterix Inc. made 23 percent more in 2017 than 2016, according to a filing with the Securities and Exchange Commission on Friday.

Todd M. Pope, the company’s CEO and president, made $2.72 million in 2017, rising from a 2016 figure of $2.23 million.

In 2015, Pope earned $2.34 million.

While his salary rose by nearly 3 percent, increasing from $453,000 to $466,000, Pope’s stock awards increased nearly three-fold, rising to $1.26 million in 2017 from $465,000 in 2016.

Likewise, the CEO’s non-equity incentive plan compensation more than tripled. In 2017, Pope earned $332,000 through the plan compared to a 2016 amount of $102,000. In 2015, however, he made $429,000 through the plan.

His option awards fell by about 45 percent from $1.21 million in 2016 down to $660,000 in 2017.

Transenterix, based in Morrisville, makes surgical robotic systems.

On Friday afternoon, TransEnterix, which operates under the ticker TRXC on the New York Stock Exchange, closed at $1.83 per share, falling 0.54 percent, or $0.01. In 2018, the price per share has not exceeded $2.16.

The company will hold its annual meeting for stockholders at its executive office, which is located at 635 Davis Drive, Suite 300, in Morrisville, on May 24 at 10 a.m.