PROCEPT BioRobotics (PRCT) EVP sells shares to cover taxes, gains new equity awards
Rhea-AI Filing Summary
PROCEPT BioRobotics EVP, CLO and Corporate Secretary Nouri Alaleh reported mixed equity transactions. On March 6, 2026, Alaleh sold 6,892 shares of Common Stock at an average price of $23.7019, with the shares sold to cover tax withholding obligations tied to vesting of restricted and performance stock units. Following this sale, direct ownership of Common Stock was 114,264 shares.
On March 5, 2026, Alaleh received 43,811 shares of Common Stock as a grant, structured as restricted stock units that vest over four years, beginning with one-quarter on March 5, 2027, and the remainder in quarterly installments. Alaleh was also granted a stock option for 29,615 shares, vesting in equal monthly installments over four years starting March 5, 2026, contingent on continued service.
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FAQ
What insider transactions did PROCEPT BioRobotics (PRCT) report for Nouri Alaleh?
Why did PROCEPT BioRobotics (PRCT) executive Nouri Alaleh sell 6,892 shares?
What equity awards did PROCEPT BioRobotics (PRCT) grant to Nouri Alaleh?
How do Nouri Alaleh’s restricted stock units at PROCEPT (PRCT) vest?
What is the vesting schedule for Nouri Alaleh’s stock option at PROCEPT (PRCT)?
How many PROCEPT BioRobotics (PRCT) shares does Nouri Alaleh hold after these transactions?