PROCEPT EVP granted 4,872 performance shares
PROCEPT BioRobotics Corp executive receives stock from performance award EVP and Chief Legal Officer Nouri Alaleh acquired 4,872 shares of PROCEPT BioRobotics common stock through a grant at a price of $0.00 per share.
Rhea-AI Filing Summary
PROCEPT BioRobotics Corp executive receives stock from performance award
EVP and Chief Legal Officer Nouri Alaleh acquired 4,872 shares of PROCEPT BioRobotics common stock through a grant at a price of $0.00 per share. After this award, Alaleh directly holds 77,345 common shares.
The shares represent common stock underlying a portion of previously granted performance stock units. The company’s Compensation Committee certified on February 19, 2026 that required performance goals were achieved, causing these units to be deemed earned. The earned shares are scheduled to vest on March 5, 2026, with each unit corresponding to one share of common stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,872 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of common stock underlying a portion of an award of performance stock units ("PSUs") previously granted by the Issuer, the vesting of which was subject to the Issuer's achievement of certain pre-determined performance criteria. Upon certification by the Issuer's Compensation Committee on February 19, 2026, of the achievement of such performance criteria, the number of PSUs reported herein was deemed earned, which will vest on March 5, 2026. Each PSU represents a contingent right to receive one share of the Issuer's common stock.
FAQ
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What insider transaction did PROCEPT BioRobotics (PRCT) report for Nouri Alaleh?
What triggered the vesting of Nouri Alaleh’s performance stock units at PROCEPT BioRobotics?
What type of equity award did PROCEPT BioRobotics use for Nouri Alaleh’s Form 4 transaction?
When will the earned performance stock units for PROCEPT BioRobotics EVP Nouri Alaleh vest?
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