PROCEPT BioRobotics (PRCT) director Mary Garrett granted RSUs and options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PROCEPT BioRobotics director Mary Garrett received new equity awards. She was granted 3,315 restricted stock units, bringing her direct common stock holdings to 17,700 shares after the award. She also received a stock option for 5,853 shares at an exercise price of $28.78, expiring on June 8, 2036.
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, if she continues serving until that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Garrett Mary
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 — 17,700 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
RSU grant: 3,315 units
Shares held after RSU grant: 17,700 shares
Option grant size: 5,853 shares
+3 more
6 metrics
RSU grant
3,315 units
Restricted stock units granted to director on June 9, 2026
Shares held after RSU grant
17,700 shares
Common stock directly held by Mary Garrett following RSU award
Option grant size
5,853 shares
Stock option covering common shares granted June 9, 2026
Option exercise price
$28.78 per share
Strike price for newly granted stock option
Option expiration
June 8, 2036
Expiration date of stock option granted to Mary Garrett
RSU vesting trigger
1-year anniversary or next annual meeting
Earlier date governs full vesting, with continued service required
Key Terms
restricted stock units (RSUs), Stock Option (Right to Buy), exercise price, vest in full, +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..."
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.
vest in full financial
"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..."
annual meeting financial
"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"
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.
