Form 4: Procept BioRobotics EVP Alaleh Nouri Sells Shares to Cover Tax Obligations

Alaleh Nouri, EVP, CLO, and Corporate Secretary of Procept BioRobotics Corp, sold 316 shares of common stock on March 18, 2025, to cover tax withholding obligations related to vesting Restricted Stock Units.

Summary

• On March 18, 2025, Alaleh Nouri, EVP, CLO, and Corporate Secretary of Procept BioRobotics Corp, sold 316 shares of common stock.
• The shares were sold at a price of $57.06 per share.
• The sale was executed to cover tax withholding obligations associated with the vesting of Restricted Stock Units.
• Following the transaction, Nouri directly owns 61,473 shares of Procept BioRobotics Corp.
• The transaction was reported on Form 4, filed with the SEC on March 19, 2025.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to an executive's stock sale for tax purposes. It doesn't convey strong positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax planning. The sale itself doesn't necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial performance.

Key Dates

Keywords

Form 4, SEC Filing, Stock Sale, Procept BioRobotics, PRCT, Alaleh Nouri, Executive Compensation, Restricted Stock Units, Tax Withholding