Insider Activity Highlights a Strategic Shift
PROCEPT BioRobotics Corp’s latest 4‑form filing shows EVP, CLO, and Chief Legal Officer Nouri Alaleh acquiring 4,872 shares of common stock—effectively 77,345 shares now held—through the vesting of performance stock units (PSUs) that were triggered on February 19, 2026. The transaction, executed at the market price of $27.84, aligns with the company’s recent performance milestones and reflects a broader pattern of Alaleh’s insider trading that has oscillated between buying and selling over the past year. While the purchase was at zero transaction cost (the PSU vesting is a non‑cash event), it signals confidence in the company’s trajectory and a belief that the stock is poised to rebound after a recent dip to its 52‑week low.
Investor Implications: Confidence Amid Volatility
For investors, Alaleh’s purchase is a bullish cue, especially in a stock that has struggled with negative earnings and a P/E of –20.11. The company’s valuation metrics suggest it is still in a rebuilding phase, and insider buying can be a sign that executives anticipate a turnaround. However, the stock’s recent 5.98 % monthly decline and a 57.18 % yearly drop underscore the inherent risk. Investors should weigh the insider confidence against the company’s negative earnings and the fact that the purchase came as the share price was at a 52‑week low—a classic “buy the dip” scenario that can either herald a rebound or exacerbate a decline if fundamentals fail to materialize.
Alaleh’s Trading Profile: A Pattern of Timing
Historically, Alaleh has been an active participant in PROCEPT’s insider market. In August 2025, he sold 11,000 option shares at $0.00 (a typical exercise‑date vesting event) while simultaneously buying 11,000 shares at $4.52, increasing his holding to 72,473 shares. This duality—selling options while purchasing shares—suggests a strategy of capitalizing on vesting events to lock in gains while reinforcing his long‑term stake. The February 2026 purchase is consistent with this pattern: a strategic accumulation following a performance milestone, indicating a belief that the company’s future performance will justify the current valuation.
Broader Insider Context: Leadership Confidence
Beyond Alaleh, the company’s top executives have also been active. President & CEO Larry Wood purchased 182,392 shares on September 2025, and CFO Kevin Waters executed a single transaction during the same period. These moves, coupled with the recent PSU vesting, paint a picture of leadership that is actively aligning its interests with shareholders—a positive signal for risk‑averse investors wary of the company’s negative earnings profile.
Looking Ahead: What Could This Mean?
If PROCEPT successfully scales its autonomous tissue removal technology and secures new commercial agreements, the stock could rebound, validating the insider buying spree. Conversely, continued earnings deficits or regulatory setbacks could see the share price spiral further. For now, the insider activity suggests that the senior management team believes in a turnaround, but investors should monitor both the company’s clinical milestones and its financials before committing.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-19 | Nouri Alaleh (EVP, CLO, CORP. SEC.) | Buy | 4,872.00 | N/A | Common Stock |
| 2026-02-19 | Waters Kevin (EVP, CFO) | Buy | 3,532.00 | N/A | Common Stock |




