Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

INTUITIVE SURGICAL INC Director's Dealing 2025

Mar 4, 2025

29809_dirs_2025-03-03_7751e020-995b-4479-9682-1f3aed3f368a.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUITIVE SURGICAL INC (ISRG)
CIK: 0001035267
Period of Report: 2025-02-27

Reporting Person: Samath Jamie (EVP & CFO & Enterprise Technol)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-02-27 Common Stock A 3758 $0.0 Acquired 8648 Direct
2025-02-28 Common Stock M 752 $0.0 Acquired 9400 Direct
2025-02-28 Common Stock F 373 $563.77 Disposed 9027 Direct
2025-02-28 Common Stock F 1865 $563.77 Disposed 7162 Direct
2025-02-28 Common Stock M 94 $290.33 Acquired 7256 Direct
2025-02-28 Common Stock S 94 $566.94 Disposed 7162 Direct
2025-02-28 Common Stock M 94 $208.9 Acquired 7256 Direct
2025-02-28 Common Stock S 94 $566.94 Disposed 7162 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-02-28 Non-Qualified Stock Option (right to buy) $208.9 M 94 Disposed 2029-08-28 Common Stock (94) Direct
2025-02-28 Non-Qualified Stock Option (right to buy) $290.33 M 94 Disposed 2029-02-28 Common Stock (94) Direct
2025-02-28 Restricted Stock Units $0.0 M 752 Disposed 2026-02-28 Common Stock (752) Direct

Footnotes

F1: This transaction represents the certification of the performance goals under performance stock units ("PSUs").

F2: RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25 % of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account.

F3: This transaction represents the withholding of shares to cover taxes applicable to a settlement of PSUs reported on this Form 4.

F4: The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 6, 2025.

F5: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48 one month after the date of grant and 1/48 each month thereafter.

F6: Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.

F7: Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.