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[Form 4] PROCEPT BioRobotics Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

The filing shows that Antal Rohit Desai, a director of PROCEPT BioRobotics (PRCT), exercised stock options and acquired 26,749 shares on 08/14/2025 at a cash exercise price of $1.33 per share. After the transaction he beneficially owns 35,152 shares in total, including 14,363 shares held indirectly by The 2:22 DNA Trust. The option exercised was fully vested and exercisable, and the exercise was executed for cash. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Desai on 08/15/2025.

Positive

  • Director increased ownership by exercising 26,749 options, raising beneficial holdings to 35,152 shares.
  • Options were fully vested and exercisable, and the exercise was completed as a cash transaction at $1.33 per share.

Negative

  • None.

Insights

TL;DR: Director exercised fully vested options to acquire 26,749 shares at $1.33, modestly increasing insider ownership.

The transaction is a routine insider option exercise rather than an open-market purchase or sale. A cash exercise of 26,749 options increases total reported beneficial ownership to 35,152 shares, with 14,363 shares held indirectly through a trust. For investors this is a limited, non-dilutive transfer from option to common stock that does not change company cash flow materially beyond the exercise proceeds.

TL;DR: This Form 4 documents a standard, fully vested option exercise by a director; disclosure appears complete and timely.

The filing identifies the reporter as a director and indicates the option was fully vested and exercised for cash. Reporting was done on a single-person Form 4 and signed by an attorney-in-fact. No additional derivative holdings remain for the reporter post-transaction. From a governance and disclosure standpoint, the Form 4 provides the required details: dates, quantities, price, and ownership form.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Desai Antal Rohit

(Last) (First) (Middle)
C/O PROCEPT BIOROBOTICS CORPORATION
150 BAYTECH DRIVE

(Street)
SAN JOSE CA 95134

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PROCEPT BioRobotics Corp [ PRCT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/14/2025 M 26,749 A $1.33 35,152 D
Common Stock 14,363 I By The 2:22 DNA Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $1.33 08/14/2025 M(1) 26,749 (2) 09/17/2025 Common Stock 26,749 $0 0 D
Explanation of Responses:
1. Transaction is a cash exercise by the reporting person.
2. The option is fully vested and exercisable.
Remarks:
/s/ Jonathan Stone, Attorney-in Fact for Mr. Antal Rohit Desai 08/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did PRCT director Antal Rohit Desai report on Form 4?

He reported a cash exercise of 26,749 stock options on 08/14/2025 at a price of $1.33 per share.

How many PRCT shares does Mr. Desai beneficially own after the transaction?

The Form 4 states he beneficially owns 35,152 shares following the reported transaction.

Does the filing disclose any indirect holdings for Mr. Desai?

Yes. The filing shows 14,363 shares are held indirectly through The 2:22 DNA Trust.

Was the option exercised by Mr. Desai vested at the time of exercise?

Yes. The filing explains the option was fully vested and exercisable at the time of the cash exercise.

Who signed the Form 4 filing for Mr. Desai?

The Form 4 was signed by Jonathan Stone, Attorney-in-Fact for Mr. Antal Rohit Desai on 08/15/2025.
Procept Biorobotics Corp

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1.67B
53.40M
4.63%
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15.04%
Medical Devices
Surgical & Medical Instruments & Apparatus
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United States
SAN JOSE