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

Role
EVP & Chief Strategy & Corp Op
Signature
By: Stephanie Lim-Ignacio For: DeSantis, Robert
Issuer symbol
ISRG
Transactions as of
25 Apr 2025
Net transactions value
-$257,245
Form type
4
Filing time
29 Apr 2025, 18:07:09 UTC
Previous filing
14 Mar 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 $54,582 +188 +3.6% $290.33 5,412 25 Apr 2025 Direct F1
transaction ISRG Common Stock Sale $96,478 -188 -3.5% $513.18 5,224 25 Apr 2025 Direct F1
transaction ISRG Common Stock Options Exercise $36,256 +119 +2.3% $304.67 5,343 25 Apr 2025 Direct F1
transaction ISRG Common Stock Sale $61,068 -119 -2.2% $513.18 5,224 25 Apr 2025 Direct F1
transaction ISRG Common Stock Options Exercise $27,297 +119 +2.3% $229.39 5,343 25 Apr 2025 Direct F1
transaction ISRG Common Stock Sale $61,068 -119 -2.2% $513.18 5,224 25 Apr 2025 Direct F1
transaction ISRG Common Stock Options Exercise $39,273 +188 +3.6% $208.90 5,412 25 Apr 2025 Direct F1
transaction ISRG Common Stock Sale $96,478 -188 -3.5% $513.18 5,224 25 Apr 2025 Direct F1
transaction ISRG Common Stock Options Exercise $54,582 +188 +3.6% $290.33 5,412 28 Apr 2025 Direct F1
transaction ISRG Common Stock Sale $96,991 -188 -3.5% $515.91 5,224 28 Apr 2025 Direct F1
transaction ISRG Common Stock Options Exercise $39,273 +188 +3.6% $208.90 5,412 29 Apr 2025 Direct F1
transaction ISRG Common Stock Sale $96,425 -188 -3.5% $512.90 5,224 29 Apr 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 -8.3% $0.000000 2,068 25 Apr 2025 Common Stock 188 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -9.1% $0.000000 1,880 29 Apr 2025 Common Stock 188 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -119 -4.3% $0.000000 2,634 25 Apr 2025 Common Stock 119 $229.39 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -8.3% $0.000000 2,068 25 Apr 2025 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -9.1% $0.000000 1,880 28 Apr 2025 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -119 -4.3% $0.000000 2,634 25 Apr 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.