Nouri Alaleh 4
4 · PROCEPT BioRobotics Corp · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
PROCEPT (PRCT) EVP Nouri Alaleh Sells 6,892 Shares
What Happened
- Nouri Alaleh, EVP, Chief Legal Officer & Corporate Secretary of PROCEPT BioRobotics (PRCT), sold 6,892 shares in an open-market transaction on 2026-03-06 at $23.70 per share for proceeds of $163,353.
- On 2026-03-05 Alaleh was also granted awards: 43,811 restricted stock units (RSUs) and 29,615 derivative shares (reported as an acquisition at $0.00). The awards were reported the same period as the sale.
Key Details
- Sale: 6,892 shares on 2026-03-06 at $23.70 — proceeds $163,353. (Footnote F2: sale made to cover tax withholding related to vesting of restricted awards.)
- Awards: 43,811 RSUs on 2026-03-05 (Footnote F1: RSUs — one-quarter vest on March 5, 2027; then one-sixteenth of the remaining RSUs vest quarterly over 36 months, subject to continued service).
- Derivative award: 29,615 shares reported as an acquisition on 2026-03-05 (Footnote F3: stock option vesting — 1/48th vests monthly from vesting commencement date of March 5, 2026 over four years, subject to continued service).
- Shares owned after the transactions: not specified in the filing.
- Filing date: Form 4 filed 2026-03-09 (transactions occurred 2026-03-05 and 2026-03-06). No 10b5-1 plan or late-filing designation is indicated in the provided footnotes.
Context
- The sale was disclosed as a tax-withholding sale tied to the vesting of restricted awards (routine administrative transaction), rather than a standalone discretionary sell for investment reasons.
- The awards are time-vesting (RSUs and option-like vesting) and do not represent an immediate purchase of free-and-clear shares until they vest; the derivative award vests monthly over four years.
Insider Transaction Report
Form 4
Nouri Alaleh
EVP, CLO, CORP. SEC.
Transactions
- Award
Common Stock
[F1]2026-03-05+43,811→ 121,156 total - Sale
Common Stock
[F2]2026-03-06$23.70/sh−6,892$163,353→ 114,264 total - Award
Stock Option (Right to Buy)
[F3]2026-03-05+29,615→ 29,615 totalExercise: $25.35Exp: 2036-03-04→ Common Stock (29,615 underlying)
Footnotes (3)
- [F1]These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. One-quarter of the RSUs shall vest on March 5, 2027, with onesixteenth of the remaining RSUs vesting quarterly over 36 months, subject to the Reporting Person continuing as a service provider through such date.
- [F2]These shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of the Restricted Stock Units and Performance Stock Units.
- [F3]1/48th of the shares subject to the Stock Option shall vest monthly from the vesting commencement date of March 5, 2026, over a four year period, subject continued employment or service by the Reporting Person to the Issuer through the applicable vesting date.
Signature
/s/ Jonathan Stone, Attorney-in-Fact for Alaleh Nouri|2026-03-09