PUCKETT DAN 4
4 · PROCEPT BioRobotics Corp · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
PROCEPT (PRCT) Director Dan Puckett Receives RSUs and Stock Options
What Happened
Dan Puckett, a director of PROCEPT BioRobotics (PRCT), received two compensation awards on March 5, 2026: 5,476 restricted stock units (RSUs) and a stock option covering 8,897 shares. Both awards were granted at $0.00 (no cash paid). The filing reports the RSUs as contingent rights to shares and the option as a derivative grant; neither reflects an open-market purchase or sale.
Key Details
- Transaction date(s): March 5, 2026; Form 4 filed March 9, 2026.
- Price: $0.00 for both the RSUs and the stock option (standard for compensation grants).
- Shares/units granted: 5,476 RSUs; stock option for 8,897 shares.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Vesting/footnotes:
- RSUs: each unit converts to one share; one-third vests on March 5, 2027, then one-third on each of the next two anniversaries, subject to continued service.
- Stock option: granted March 5, 2026; one-third vests on March 5, 2027, then one-third on each of the next two anniversaries, subject to continued service.
- Timeliness: filing posted four calendar days after the transaction date; Form 4s are typically required within two business days (check the full filing for any remarks on timeliness).
Context
- These awards are compensation grants (RSUs and an option) that vest over three years if the director continues service; they are not exercises or market purchases/sales. Such grants are common for board compensation and do not by themselves indicate immediate buying or selling of shares.
Insider Transaction Report
Form 4
PUCKETT DAN
Director
Transactions
- Award
Common Stock
[F1]2026-03-05+5,476→ 5,476 total - Award
Stock Option (Right to Buy)
[F2]2026-03-05+8,897→ 8,897 totalExercise: $25.35Exp: 2036-03-04→ Common Stock (8,897 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-third of the RSUs shall vest on March 5, 2027, with one-third of the remaining RSUs vesting annually on each of the second and third anniversary thereof, subject to the Reporting Person continuing as a service provider through such date.
- [F2]This Stock Option was granted on March 5, 2026, and one-third of the shares subject to the Stock Option shall vest on March 5, 2027, with one-third of the remaining shares subject to the Stock Option vesting annually on each of the second and third anniversary thereof, subject to the Reporting Person continuing as a service provider through such date.
Signature
/s/ Jonathan Stone, Attorney-in-Fact for Dan Puckett|2026-03-09