PROCEPT BioRobotics insider sells 304 shares for taxes
PROCEPT BioRobotics Corp executive reports small share sale tied to tax withholding.
Sentiment and the balance of points
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Rhea-AI Filing Summary
PROCEPT BioRobotics Corp executive reports small share sale tied to tax withholding. EVP, Chief Legal Officer and Corporate Secretary Alaleh Nouri sold 304 shares of common stock at an average price of $28.1532 per share. According to the footnote, the sale was made solely to cover tax withholding obligations from the vesting of restricted stock units, rather than as a discretionary open-market transaction. After this sale, Nouri directly holds 110,717 shares of PROCEPT BioRobotics common stock, indicating the transaction is minor relative to her overall stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 304 | $28.1532 | $9K |
Footnotes (1)
- F1. The shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of the Restricted Stock Units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PROCEPT BioRobotics (PRCT) insider Alaleh Nouri report in this Form 4?
Was the PROCEPT BioRobotics (PRCT) insider sale an open-market trade?
What role does PROCEPT BioRobotics (PRCT) insider Alaleh Nouri hold?
AI-generated analysis. How Rhea-AI works. Not financial advice.