Waters Kevin 4

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.