DeSantis Robert - Apr 25, 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
EVP & Chief Strategy & Corp Op
Signature
By: Stephanie Lim-Ignacio For: DeSantis, Robert
Stock symbol
ISRG
Transactions as of
Apr 25, 2025
Transactions value $
-$257,245
Form type
4
Date filed
4/29/2025, 06:07 PM
Previous filing
Mar 14, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $54.6K +188 +3.6% $290.33 5.41K Apr 25, 2025 Direct F1
transaction ISRG Common Stock Sale -$96.5K -188 -3.47% $513.18 5.22K Apr 25, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $36.3K +119 +2.28% $304.67 5.34K Apr 25, 2025 Direct F1
transaction ISRG Common Stock Sale -$61.1K -119 -2.23% $513.18 5.22K Apr 25, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $27.3K +119 +2.28% $229.39 5.34K Apr 25, 2025 Direct F1
transaction ISRG Common Stock Sale -$61.1K -119 -2.23% $513.18 5.22K Apr 25, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $39.3K +188 +3.6% $208.90 5.41K Apr 25, 2025 Direct F1
transaction ISRG Common Stock Sale -$96.5K -188 -3.47% $513.18 5.22K Apr 25, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $54.6K +188 +3.6% $290.33 5.41K Apr 28, 2025 Direct F1
transaction ISRG Common Stock Sale -$97K -188 -3.47% $515.91 5.22K Apr 28, 2025 Direct F1
transaction ISRG Common Stock Options Exercise $39.3K +188 +3.6% $208.90 5.41K Apr 29, 2025 Direct F1
transaction ISRG Common Stock Sale -$96.4K -188 -3.47% $512.90 5.22K Apr 29, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -8.33% $0.00 2.07K Apr 25, 2025 Common Stock 188 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -9.09% $0.00 1.88K Apr 29, 2025 Common Stock 188 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -119 -4.32% $0.00 2.63K Apr 25, 2025 Common Stock 119 $229.39 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -8.33% $0.00 2.07K Apr 25, 2025 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -9.09% $0.00 1.88K Apr 28, 2025 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -119 -4.32% $0.00 2.63K Apr 25, 2025 Common Stock 119 $304.67 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on December 12, 2025.
F2 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.
F3 12.5% of the shares subject to the option vest on the six-month anniversary measured from February 10, 2023, and 1/48th of the total number of shares vest in forty-two (42) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
F4 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.
F5 7/48th of the shares subject to the option vest on the one-month anniversary measured from August 10, 2023, and 1/48th of the total number of shares vest in forty-one (41) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.