[Form 4] PROCEPT BioRobotics Corporation Insider Trading Activity
Rhea-AI Filing Summary
Nouri Alaleh, EVP and Chief Legal Officer of PROCEPT BioRobotics (PRCT), exercised stock options and acquired 11,000 shares on 08/14/2025. The exercise was a cash exercise at an exercise price of $4.52 per share for options that are fully vested and exercisable. After the transaction the reporting person beneficially owns 72,473 shares of common stock directly and holds derivative interests corresponding to 11,000 underlying shares, with 54,452 derivative securities beneficially owned following the transaction. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Insider purchase: Reporting person executed a cash exercise to acquire 11,000 shares, increasing direct ownership to 72,473 shares.
- Options fully vested: The exercised options are fully vested and exercisable, indicating no remaining vesting condition for this tranche.
Negative
- None.
Insights
TL;DR: Insider exercised fully vested options and bought 11,000 PRCT shares at $4.52, increasing direct ownership to 72,473 shares.
The reporting person executed a cash exercise of 11,000 stock options at $4.52 per share on 08/14/2025. This is a direct purchase funded by the insider rather than a secondary sale, which can signal confidence in the issuer's outlook or a routine exercise of vested compensation. The transaction increases the insider's direct stake to 72,473 shares and leaves 54,452 derivative securities outstanding after the exercise. For investors, this is a clear data point on insider alignment but contains no forward guidance or company performance metrics.
TL;DR: Routine, fully vested option exercise reported on Form 4; properly documented and signed by attorney-in-fact.
The filing documents a standard Section 16 disclosure: a vested option exercise by an executive who is an officer and director. The Form 4 shows the required details including transaction date, price, and post-transaction beneficial ownership. The signature was provided by an attorney-in-fact, which is permissible under Form 4 rules. This appears procedural rather than indicative of a governance event or policy change.