PROCEPT BioRobotics (PRCT) director receives new RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PROCEPT BioRobotics director Thomas M. Prescott received new equity awards in the form of restricted stock units and stock options. He was granted 3,315 restricted stock units, each representing a right to receive one share of Common Stock, and now holds 7,211 shares of Common Stock following the award. The RSUs vest in full on the earlier of the one-year anniversary of the June 9, 2026 grant date or the next annual meeting, subject to continued service.
He was also granted stock options for 5,853 shares of Common Stock at an exercise price of $28.78 per share, vesting on the same schedule and expiring on June 8, 2036. These are compensation-related grants rather than open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PRESCOTT THOMAS M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 5,853 | $0.00 | -- |
| Grant/Award | Common Stock | 3,315 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 5,853 shares (Direct, null);
Common Stock — 7,211 shares (Direct, null)
Footnotes (1)
- 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. 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.
Key Figures
RSUs granted: 3,315 units
Common shares after RSU grant: 7,211 shares
Options granted: 5,853 options
+2 more
5 metrics
RSUs granted
3,315 units
Restricted stock units granted June 9, 2026
Common shares after RSU grant
7,211 shares
Total Common Stock held following non-derivative acquisition
Options granted
5,853 options
Stock options granted June 9, 2026
Option exercise price
$28.78 per share
Conversion or exercise price for 5,853-share option grant
Option expiration
June 8, 2036
Expiration date of stock option grant
Key Terms
restricted stock units (RSUs), Stock option (Right to Buy), exercise price, expiration date, +1 more
5 terms
restricted stock units (RSUs) financial
"These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Stock option (Right to Buy) financial
"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..."
exercise price financial
"conversion_or_exercise_price": "28.7800""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2036-06-08T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
annual meeting financial
"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"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What equity awards did Thomas M. Prescott receive from PROCEPT BioRobotics (PRCT)?
Thomas M. Prescott received 3,315 restricted stock units and stock options for 5,853 shares of Common Stock. Both awards were granted as compensation and are not open-market purchases or sales, but equity incentives tied to his continued service as a director.
What is the vesting schedule for the new PRCT restricted stock units and options?
Both the 3,315 restricted stock units and the 5,853-share stock option grant vest in full on the earlier of the one-year anniversary of the June 9, 2026 grant date or the next annual meeting, provided Thomas M. Prescott continues his service through the vesting date.
What is the exercise price and expiration date of Thomas M. Prescott’s PRCT stock options?
The newly granted stock options for 5,853 shares of PROCEPT BioRobotics Common Stock have an exercise price of $28.78 per share and expire on June 8, 2036. They represent a right to buy shares at that fixed price once vested.
Are Thomas M. Prescott’s recent PRCT equity awards open-market purchases or sales?
No, these are not open-market trades. The Form 4 shows an acquisition coded as awards: 3,315 restricted stock units and stock options for 5,853 shares. Such grants are compensation-related equity awards, not discretionary buying or selling in the market.