PROCEPT BioRobotics CFO sells 373 shares
PROCEPT BioRobotics EVP and CFO Kevin Waters reported a small tax-related sale of 373 PRCT shares and retained over 180,000 shares.
Rhea-AI Filing Summary
PROCEPT BioRobotics Corp (PRCT) reported an insider transaction by Kevin Waters, EVP and CFO. On September 9, 2026, he sold 373 shares of common stock at $20.953 per share in an open-market or private transaction pursuant to the company’s sell-to-cover tax withholding process, and continued to hold 180,355 shares directly afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 373 shares
Net Sell
1 txn
Insider
Waters Kevin
Role
EVP, CFO
Sold
373 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 373 | $20.953 | $8K |
Holdings After Transaction:
Common Stock — 180,355 shares (Direct)
Footnotes (1)
- F1. The shares were sold by the reporting person pursuant to the Issuer's sell-to-cover process for tax withholding obligations in connection with the vesting of the Restricted Stock Units on September 5, 2026.
Key Figures
Shares sold: 373 shares
Sale price per share: $20.953 per share
Shares held after transaction: 180,355 shares
+1 more
4 metrics
Shares sold
373 shares
Common stock sale reported for September 9, 2026
Sale price per share
$20.953 per share
Price for 373 shares sold on September 9, 2026
Shares held after transaction
180,355 shares
Directly owned by Kevin Waters following the reported sale
Sell-to-cover shares
373 shares
Sold to cover tax withholding on RSU vesting dated September 5, 2026
Key Terms
sell-to-cover process, Restricted Stock Units, tax withholding obligations
3 terms
sell-to-cover process financial
"pursuant to the Issuer's sell-to-cover process for tax withholding"
Restricted Stock Units financial
"in connection with the vesting of the Restricted Stock Units on"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"for tax withholding obligations in connection with the vesting"
FAQ
What insider transaction did PROCEPT BioRobotics (PRCT) report for Kevin Waters?
Kevin Waters, EVP and CFO of PROCEPT BioRobotics, reported selling 373 shares of common stock on September 9, 2026 in an open-market or private transaction tied to tax withholding.
AI-generated analysis. How Rhea-AI works. Not financial advice.