Ladd Amy L - Apr 30, 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
Director
Signature
By: Stephanie Lim-Ignacio For: Ladd, Amy L
Stock symbol
ISRG
Transactions as of
Apr 30, 2025
Transactions value $
-$2,424,266
Form type
4
Date filed
5/1/2025, 08:24 PM
Previous filing
Apr 25, 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 $352K +1.45K +102.7% $243.26 2.86K Apr 30, 2025 Direct F1
transaction ISRG Common Stock Sale -$732K -1.45K -50.66% $505.55 1.41K Apr 30, 2025 Direct F1, F2
transaction ISRG Common Stock Options Exercise $479K +1.67K +118.51% $286.55 3.08K Apr 30, 2025 Direct F1
transaction ISRG Common Stock Sale -$845K -1.67K -54.24% $505.55 1.41K Apr 30, 2025 Direct F1, F2
transaction ISRG Common Stock Options Exercise $393K +2.3K +162.98% $171.07 3.71K Apr 30, 2025 Direct F1
transaction ISRG Common Stock Sale -$1.16M -2.3K -61.97% $505.55 1.41K Apr 30, 2025 Direct F1, F2
transaction ISRG Common Stock Options Exercise $282K +1.65K +117.02% $171.20 3.06K Apr 30, 2025 Direct F1
transaction ISRG Common Stock Sale -$834K -1.65K -53.92% $505.55 1.41K Apr 30, 2025 Direct F1, F2
transaction ISRG Common Stock Options Exercise $506K +1.71K +121.21% $295.92 3.12K Apr 30, 2025 Direct F1
transaction ISRG Common Stock Sale -$864K -1.71K -54.79% $505.55 1.41K Apr 30, 2025 Direct F1, F2

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 -2.3K -100% $0.00 0 Apr 30, 2025 Common Stock 2.3K $171.07 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.65K -100% $0.00 0 Apr 30, 2025 Common Stock 1.65K $171.20 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.45K -100% $0.00 0 Apr 30, 2025 Common Stock 1.45K $243.26 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.67K -100% $0.00 0 Apr 30, 2025 Common Stock 1.67K $286.55 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.71K -100% $0.00 0 Apr 30, 2025 Common Stock 1.71K $295.92 Direct F1, F3
transaction ISRG Restricted Stock Units Award $0 +531 $0.00 531 May 1, 2025 Common Stock 531 $0.00 Direct F4
* 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 The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on January 29, 2026.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $502.49 to $509.99 as follows: 1,758 shares sold at $502.49 to $503.39; 1,542 shares sold at $503.81 to $504.79; 1,951 shares sold at $504.83 to $505.77; 1,845 shares sold at $505.88 to $506.53; 610 shares sold at $506.90 to $507.84; and 1,070 shares sold at $509.99. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F3 100% of the shares subject to the option shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director to the issuer.
F4 100% of the RSUs shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service.