Nouri Alaleh 4
4 · PROCEPT BioRobotics Corp · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
PROCEPT (PRCT) EVP Nouri Alaleh Sells 304 Shares
What Happened
Nouri Alaleh, EVP, Chief Legal Officer and Corporate Secretary of PROCEPT BioRobotics (PRCT), sold 304 shares on 2026-03-17 at $28.15 per share, generating proceeds of $8,559. The sale is reported as a disposition and was done to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs), not as a standalone investment decision.
Key Details
- Transaction date and price: 2026-03-17 — 304 shares @ $28.15 per share.
- Total proceeds: $8,559.
- Reason/footnote: Sale executed to cover tax withholding for RSU vesting.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date/timeliness: Form filed 2026-03-19 (two days after the transaction), which is within the normal Form 4 reporting window.
Context
Tax-withholding sales following RSU vesting are routine and are generally administrative rather than a signal of insider sentiment. Such small, single sales (roughly $8.6k) are common and should be weighed differently than intentional open-market selling for liquidity or diversification.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-03-17$28.15/sh−304$8,559→ 110,717 total
Footnotes (1)
- [F1]The shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of the Restricted Stock Units.