STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
144

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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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
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.

FAQ

What transaction involving PRCT shares is disclosed in this Form 144 notice?

The notice discloses a potential sale of 373 shares of PROCEPT BioRobotics Corp common stock for the account of officer Barry L. Templin under Rule 144, with the shares arising from a restricted stock vesting on September 8, 2026.

What is the approximate value of PRCT shares covered by this Rule 144 notice?

The notice lists an aggregate value of $7,815.54 for the 373 PRCT common shares referenced, based on the information provided in the securities section.

How did Barry L. Templin acquire the PRCT shares to be sold?

The 373 PRCT common shares to be sold were acquired through restricted stock vesting on September 8, 2026, with the nature of acquisition described as Compensation.

Why does the Form 144 notice mention taxes for PRCT shares?

The remarks explain that the planned sale of PRCT shares includes an amount necessary to cover a tax obligation arising from the settlement of a vested equity award distribution for Barry L. Templin.

Who is executing the potential PRCT share sale for Barry L. Templin?

The shares are held at Fidelity Brokerage Services LLC. The notice is signed by Gary Redman as a duly authorized representative of Fidelity, acting as attorney-in-fact for Barry L. Templin.

On which market are the PRCT shares in this Rule 144 notice listed?

The common stock referenced in the notice is listed on NASDAQ, as indicated in the securities information section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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