Waters Kevin sold $8K of PRCT
Waters Kevin (EVP, CFO) sold 373 shares of PROCEPT BioRobotics Corp (PRCT) at $20.95 on 2026-09-09.
How this was made
The 30-second read
Why it matters
The sale represents less than 0.1% of the CFO's holdings and is unlikely to influence market perception.
Market read
Minor insider sell with negligible trading relevance.
What to watch
The CFO still holds 180,355 shares, indicating continued confidence despite the modest sale.
Background
Form 4 filings disclose insider transactions; traders monitor them for potential signals about company outlook.
Ticker impact
CFO Kevin Waters sold 373 shares for $7,815.47 in an open‑market transaction filed on Sep 10, 2026.
No significant price impact expected.
The sale size is small relative to total holdings and market cap; such transactions typically have negligible effect.
Market effects
None; the transaction is company‑specific and does not affect the broader medical robotics sector.
None; limited to US investors tracking insider activity.
None
Counterpoint
If the CFO is reducing exposure, it could signal concerns about near‑term performance, but the amount is too small to be meaningful.
Key entities
- CompanyPROCEPT BioRobotics Corp
Medical robotics firm listed on Nasdaq (PRCT).
- ExecutiveKevin Waters
Executive Vice President and Chief Financial Officer of PROCEPT.