Desai Antal Rohit 4
4 · PROCEPT BioRobotics Corp · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
PROCEPT BioRobotics (PRCT) Director Antal Desai Buys Stock
What Happened
Antal Desai, a member of the board of directors of PROCEPT BioRobotics (PRCT), made multiple open-market purchases of company stock between March 5 and March 9, 2026, acquiring a total of 426,262 shares for about $10,482,942. Individual reported purchases include: 142,498 shares @ $25.44 ($3,625,021) and 24,748 shares @ $26.41 ($653,528) on 2026-03-05; 106,554 shares @ $23.33 ($2,485,713) and 53,763 shares @ $24.10 ($1,295,790) on 2026-03-06; and 43,581 shares @ $24.08 ($1,049,500), 53,818 shares @ $24.91 ($1,340,348), and 1,300 shares @ $25.42 ($33,042) on 2026-03-09. All transactions are reported as purchases (code P), which are direct acquisitions rather than option exercises or awards.
Key Details
- Transaction dates: Mar 5, 2026; Mar 6, 2026; Mar 9, 2026. Filing date: Mar 9, 2026. Filing appears to be timely with respect to the reported dates.
- Total shares purchased: 426,262; approximate total value: $10.48 million.
- Per-transaction weighted-average prices and values listed above; footnotes indicate many of these are weighted averages from multiple executions within reported price ranges.
- Footnote F2: Some shares are held by Kestrel Fund, L.P.; CPMG, Inc. (of which Mr. Desai is a shareholder/ managing partner) is general partner/manager — Mr. Desai may be deemed to share voting/investment power for the fund’s shares but disclaims beneficial ownership except for any pecuniary interest.
- Other footnotes (F1, F3–F8): indicate the reported prices are weighted averages from multiple trades at the stated ranges; the reporting person can provide details on per-price breaks on request.
- Shares owned after the transactions are not disclosed in the provided excerpt.
Context
These were open-market purchases (not option exercises, gifts, or awards). Purchases by directors can be read as a form of insider buying, but this summary reports facts only — it does not infer motive. Note the fund-related footnote (F2) indicates some holdings may be attributable to an investment vehicle with which the director is affiliated, rather than direct personal ownership.
Insider Transaction Report
Form 4
Desai Antal Rohit
Director
Transactions
- Purchase
Common Stock
[F1][F2]2026-03-05$25.44/sh+142,498$3,625,021→ 142,498 total(indirect: Kestrel Fund, L.P.) - Purchase
Common Stock
[F3][F2]2026-03-05$26.41/sh+24,748$653,528→ 167,246 total(indirect: Kestrel Fund, L.P.) - Purchase
Common Stock
[F4][F2]2026-03-06$23.33/sh+106,554$2,485,713→ 273,800 total(indirect: Kestrel Fund, L.P.) - Purchase
Common Stock
[F5][F2]2026-03-06$24.10/sh+53,763$1,295,790→ 327,563 total(indirect: Kestrel Fund, L.P.) - Purchase
Common Stock
[F6][F2]2026-03-09$24.08/sh+43,581$1,049,500→ 371,144 total(indirect: Kestrel Fund, L.P.) - Purchase
Common Stock
[F7][F2]2026-03-09$24.91/sh+53,818$1,340,348→ 424,962 total(indirect: Kestrel Fund, L.P.) - Purchase
Common Stock
[F8][F2]2026-03-09$25.42/sh+1,300$33,042→ 426,262 total(indirect: Kestrel Fund, L.P.)
Holdings
- 35,152
Common Stock
- 14,363(indirect: By Trust)
Common Stock
Footnotes (8)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.0645 to $26.0213, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- [F2]CPMG, Inc. is the general partner and investment manager of Kestrel Fund, L.P. Antal Desai, a member of the Issuer's board of directors and a shareholder and managing partner of CPMG, Inc., may be deemed to share voting and investment power with respect to the shares beneficially owned by Kestrel Fund, L.P. Mr. Desai disclaims beneficial ownership of the shares beneficially owned by Kestrel Fund, L.P. except to the extent of any pecuniary interest therein.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.10 to $26.98, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.785 to $23.75, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $23.79 to $24.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- [F6]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $23.40 to $24.39, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- [F7]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.40 to $25.39, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- [F8]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.40 to $25.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
Signature
/s/ Antal Rohit Desai|2026-03-09