Executive at PROCEPT BioRobotics (PRCT) earns 4,872 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nouri Alaleh
Role
EVP, CLO, CORP. SEC.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,872 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 77,345 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PROCEPT BioRobotics (PRCT) report for Nouri Alaleh?
PROCEPT BioRobotics reported that EVP and Chief Legal Officer Nouri Alaleh acquired 4,872 shares of common stock. The shares came from previously granted performance stock units that were deemed earned after performance goals were certified by the Compensation Committee.
What triggered the vesting of Nouri Alaleh’s performance stock units at PROCEPT BioRobotics?
The vesting was triggered when PROCEPT BioRobotics’ Compensation Committee certified on February 19, 2026 that specified performance criteria were achieved. As a result, 4,872 performance stock units were deemed earned and are scheduled to vest on March 5, 2026 as common shares.
What type of equity award did PROCEPT BioRobotics use for Nouri Alaleh’s Form 4 transaction?
The transaction involved performance stock units, or PSUs. Each PSU represents a contingent right to receive one share of PROCEPT BioRobotics common stock, which becomes earned when predetermined performance goals are certified as achieved by the Compensation Committee.
When will the earned performance stock units for PROCEPT BioRobotics EVP Nouri Alaleh vest?
The earned performance stock units underlying 4,872 shares are scheduled to vest on March 5, 2026. They were deemed earned after the Compensation Committee certified achievement of the required performance criteria on February 19, 2026, with each unit delivering one share of common stock.