Waters Kevin 4
4 · PROCEPT BioRobotics Corp · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
PROCEPT (PRCT) EVP/CFO Kevin Waters Sells 706 Shares
What Happened
- Kevin Waters, EVP and CFO of PROCEPT BioRobotics (PRCT), reported a sale of 706 shares on 2026-03-17. The shares were disposed at $28.15 each for a total of $19,876. The filing lists the transaction as an open market or private sale (code S) and includes a footnote indicating the sale was to cover tax withholding from vested Restricted Stock Units (RSUs).
Key Details
- Transaction date and price: 2026-03-17 at $28.15 per share.
- Total proceeds: $19,876.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: Sale executed to cover tax withholding obligations related to RSU vesting (tax-withholding sale; code F).
- Filing date: 2026-03-19 — reported within the typical two-business-day Form 4 window (no lateness flag noted).
Context
- This was a sell-to-cover tied to RSU vesting, a routine administrative transaction to satisfy tax obligations rather than a discretionary market-timing sale. Such transactions are common and do not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
Form 4
Waters Kevin
EVP, CFO
Transactions
- Sale
Common Stock
[F1]2026-03-17$28.15/sh−706$19,876→ 151,558 total
Footnotes (1)
- [F1]These shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of the Restricted Stock Units.
Signature
/s/ Jonathan Stone, Attorney-in-Fact for Kevin Waters|2026-03-18