PROCEPT BioRobotics (PRCT) EVP Nouri Alaleh Sells Shares

What Happened Nouri Alaleh, EVP and Chief Legal Officer of PROCEPT BioRobotics (PRCT), sold 297 shares on September 9, 2026, at $20.95 per share, generating proceeds of $6,223. The sale was part of the issuer's sell‑to‑cover process to satisfy tax withholding obligations tied to Restricted Stock Units that vested on September 5, 2026. This was a routine tax‑withholding sale, not an open‑market investment decision.

Key Details

• Transaction date and price: 2026-09-09, sale of 297 shares at $20.95 each.
• Proceeds: $6,223 (gross proceeds reported).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — sale executed pursuant to issuer sell‑to‑cover for tax withholding on RSU vesting (9/5/2026).
• Filing date: 2026-09-10 for a 9/9/2026 transaction — filed promptly (no late filing indicated).
• Transaction codes: S = Sale; F = tax withholding/sell‑to‑cover.

Context Sell‑to‑cover transactions are common when restricted stock units vest and are used solely to cover required tax withholding; they generally do not signal insider confidence or lack thereof. The dollar amount here is modest ($6.2k), consistent with routine withholding rather than a deliberate market sale.