Vanguard (NASDAQ: PRCT) holds 2.82M shares, a 5% stake
Rhea-AI Filing Summary
PROCEPT BioRobotics Corp ownership disclosure: Vanguard Capital Management reports beneficial ownership of 2,820,430 shares of common stock, representing 5% of the class. The filing states Vanguard has sole dispositive power over 2,820,430 shares and sole voting power over 421,363 shares. The filing notes these holdings include securities held for Vanguard funds and managed accounts.
Positive
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Negative
- None.
Insights
Vanguard holds a 5% beneficial stake in PROCEPT through managed vehicles.
Vanguard Capital Management reports 2,820,430 shares beneficially owned, with sole dispositive power over that amount and sole voting power over 421,363 shares. The filing attributes holdings to Vanguard and specified affiliates, including Vanguard funds.
Implications depend on Vanguard's trading decisions; the filing lists managed accounts and fund sleeves as holders but does not specify sale intentions.
Schedule 13G disclosure signals passive institutional ownership reporting under SEC rules.
The statement references SEC Release No. 34-39538 and describes aggregated beneficial ownership across affiliated management entities. It follows Schedule 13G format for institutional investors claiming passive intent.
Watch for any subsequent amendments or shifts to Schedule 13D reporting if active influence is asserted.