PROCEPT BioRobotics officer plans sale of 373 shares
Officer Barry L. Templin filed a Rule 144 notice to potentially sell 373 PRCT common shares related to vested equity compensation.
Rhea-AI Filing Summary
PROCEPT BioRobotics Corp (PRCT) has a planned sale of common stock reported for the account of officer Barry L. Templin under Rule 144. The notice covers the potential sale of 373 shares of common stock, with the shares originating from restricted stock vesting on September 8, 2026.
The shares are held at Fidelity Brokerage Services LLC, and the remarks state that the sale includes an amount needed to satisfy a tax obligation from the settlement of a vested equity award distribution. Fidelity signed as attorney-in-fact for Barry L. Templin.
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Key Figures
Shares to be sold: 373 shares
Aggregate value of shares: $7,815.54
Vesting date of restricted stock: September 8, 2026
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4 metrics
Shares to be sold
373 shares
Common stock for the account of Barry L. Templin under Rule 144
Aggregate value of shares
$7,815.54
Total value listed for the 373 common shares
Vesting date of restricted stock
September 8, 2026
Acquisition date of the restricted stock being sold as compensation
Date of notice
September 9, 2026
Date the Rule 144 notice was signed and dated
Key Terms
Rule 144, restricted stock vesting, vested equity award distribution, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 09/08/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
vested equity award distribution financial
"resulting from the settlement of a vested equity award distribution."
attorney-in-fact regulatory
"as attorney-in-fact for Barry L. Templin"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
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AI-generated analysis. How Rhea-AI works. Not financial advice.