PROCEPT BioRobotics (PRCT) director receives RSU and option grants as equity pay
Rhea-AI Filing Summary
PROCEPT BioRobotics director Antal Rohit Desai received new equity awards as compensation. He was granted 3,315 restricted stock units, each representing one future share of Common Stock, increasing his reported Common Stock holdings to 38,467 shares. He also received a stock option for 5,853 shares at an exercise price of $28.78 per share. Both the RSUs and the option vest in full on the earlier of the one-year anniversary of the June 9, 2026 grant date or the next annual meeting following that date, subject to his continued service.
Positive
- None.
Negative
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Insights
Routine director equity grants with time-based vesting, neutral for valuation.
PROCEPT BioRobotics granted director Antal Rohit Desai 3,315 restricted stock units and an option for 5,853 shares at an exercise price of $28.78. These awards appear to be standard board compensation rather than market purchases.
The RSUs and options vest fully on the earlier of the one-year anniversary of the June 9, 2026 grant date or the next annual meeting, conditioned on continued service. Such time-based vesting structures are common and are designed to align directors with shareholders over the vesting period.
Following the grant, Desai reports ownership of 38,467 shares of Common Stock and holds the new option covering 5,853 shares. Given the compensation-related nature and modest scale of these awards, this filing is best viewed as routine governance and not a directional signal on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 5,853 | $0.00 | -- |
| Grant/Award | Common Stock | 3,315 | $0.00 | -- |
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.