This insider cluster is economically negligible. No material signal for traders. Monitor any future open-market sales of >$1M from C-suite for a meaningful bearish read, and watch for the next quarterly report to assess underlying business momentum.
Price Chart
Executive Summary
Three PROCEPT executives (CFO, CTO, CLO) sold a combined ~1,000 shares worth ~$28K in open-market transactions on June 8, 2026. Two directors received non-cash stock grants totaling ~18K shares on June 9 with $0 proceeds. The open-market sales are trivial in size — ~0.002% of the $1.6B market cap — and appear routine. The grants add no selling pressure. With $28K of insider selling at a $1.6B company, this cluster has no material trading signal.
Key Financial Metrics
Key Facts
- 3 EVP-level insiders sold an aggregate of 1,000 open-market shares for $28K on June 8, 2026 — ~0.002% of market cap
- Director Prescott and Director Puckett each received non-cash grants totaling ~9.2K shares on June 9 — $0 proceeds, no market impact
- Recent 30-day insider activity shows only $28K in total selling, consistent with routine tax- or liquidity-based transactions
- No 10b5-1 plan disclosure is provided in the filing text, but the pattern of small uniform sales (285-358 shares each) is consistent with share withholding or planning
Financial Impact
Total open-market sales of ~$28K represent 0.002% of the $1.6B market cap — immaterial. Non-cash director grants of ~18,336 shares are compensatory and create zero selling pressure.
Risk Factors
- Insider sales at this scale are not predictive; a larger cluster (>$1M in total sales) could emerge near future lockup expirations or earnings blackout windows
- Directors' stock grants add modest dilution that compounds over multiple grant cycles, but the 18K-share grant is less than 0.1% of outstanding shares
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PRCT-1781123745940 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 11, 2026 16w ago | Institutional Cluster | $27.69 $19.75 | ▼ −28.67% | ▼ −30.57% | $17.16 (−38.03%) |
Jun 10, 2026 16w ago | Insider Cluster | $27.69 $19.75 | ▼ −28.67% | ▼ −30.57% | $17.16 (−38.03%) |
Jun 10, 2026 16w ago | Insider Cluster | $27.69 $19.75 | ▼ −28.67% | ▼ −30.57% | $17.16 (−38.03%) |
Jun 10, 2026 16w ago | Insider Cluster | $27.69 $19.75 | ▼ −28.67% | ▼ −30.57% | $17.16 (−38.03%) |
Mar 10, 2026 29w ago | Insider Cluster | $24.17 $23.87 | ▼ −1.24% | ▼ −1.09% | $17.16 (−29.00%) |
Mar 6, 2026 30w ago | 8-K | $24.22 $23.78 | ▼ −1.82% | ▲ +0.23% | $17.16 (−29.15%) |
Mar 6, 2026 30w ago | Insider Cluster | $24.22 $23.78 | ▼ −1.82% | ▲ +0.23% | $17.16 (−29.15%) |
Mar 6, 2026 30w ago | Insider Cluster | $24.22 $23.78 | ▼ −1.82% | ▲ +0.23% | $17.16 (−29.15%) |
Feb 26, 2026 31w ago | 8-K | $23.63 $25.07 | ▲ +6.09% | ▲ +12.50% | $17.16 (−27.38%) |
Feb 25, 2026 31w ago | 8-K | $27.84 $24.94 | ▼ −10.42% | ▼ −5.18% | $17.16 (−38.36%) |
US Market Status
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