PROCEPT BioRobotics Corp·4

Jun 10, 4:46 PM ET

Desai Antal Rohit 4

4 · PROCEPT BioRobotics Corp · Filed Jun 10, 2026

Research Summary

AI-generated summary of this filing

Updated

PROCEPT (PRCT) Director Antal Rohit Desai Receives Awards

What Happened

  • Antal Rohit Desai, a director of PROCEPT BioRobotics Corp (PRCT), received equity awards on June 9, 2026: 3,315 restricted stock units (RSUs) and a 5,853-share derivative award (stock option). Both grants were issued at $0.00 (no cash paid). Combined, the awards represent potential ownership of 9,168 common shares if all RSUs vest and options are exercised.

Key Details

  • Transaction date: 2026-06-09; Form 4 filed 2026-06-10 (timely).
  • Awards: 3,315 RSUs (each RSU converts to one share upon vesting) and a 5,853-share stock option/derivative award; acquisition price listed as $0.00.
  • Vesting: Both awards vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the date of the next annual meeting following the grant date, subject to continued service.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Transaction type code: A = Award/Grant. No sale or purchase reported.

Context

  • These are grants (compensation), not open-market purchases or sales, so they reflect equity compensation rather than an immediate bullish or bearish trading signal.
  • RSUs represent a contingent right to receive shares upon vesting; the derivative award is a stock option-type grant that vests on the same schedule. Nothing in the filing indicates immediate sale, tax-withholding, or a 10b5-1 plan.

Insider Transaction Report

Form 4
Period: 2026-06-09
Transactions
  • Award

    Common Stock

    [F1]
    2026-06-09+3,31538,467 total
  • Award

    Stock Option (Right to Buy)

    [F2]
    2026-06-09+5,8535,853 total
    Exercise: $28.78Exp: 2036-06-08Common Stock (5,853 underlying)
Footnotes (2)
  • [F1]These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. The securities shall vest in full on the earlier to occur of (i) the one-year anniversary of the grant date, or (ii) the date of the next annual meeting following the grant date, subject to continued service through the applicable vesting date.
  • [F2]The Stock option was granted on June 9, 2026, and vests in full on the earlier to occur of (i) the one-year anniversary of the grant date, or (ii) the date of the next annual meeting following the grant date, subject to continued service through the applicable vesting date.
Signature
/s/ Jonathan Stone, Attorney-in Fact for Mr. Antal Rohit Desai|2026-06-10

Documents

1 file
  • 4
    wk-form4_1781124370.xmlPrimary

    FORM 4