NACHTSHEIM JAMI K 4

What Happened

• Jami K. Nachtsheim, a director of Intuitive Surgical (ISRG), reported derivative activity on 2026-04-30. The filing shows an exercise/conversion of 531 derivative shares (code M) that were also reported as disposed the same day, and a grant of 554 restricted stock units (RSUs).
• All reported transactions list a per-share price of $0.00 and total value of $0 for the entries shown in the filing.

Key Details

• Transaction date: 2026-04-30 (filed same day).
• Exercise/conversion: 531 shares (code M) acquired and 531 shares disposed on same date; reported price $0.00, total $0.
• Grant/award: 554 RSUs (code A) awarded; reported price $0.00, total $0.
• Vesting note (footnote): 100% of the RSUs vest on the earlier of the one-year anniversary of the grant or the next annual meeting, subject to continued service.
• Shares owned after the reported transactions: not specified in the provided excerpt of the filing.
• Filing timeliness: filed on the same date as the report period (appears timely).

Context

• Code M indicates exercise or conversion of a derivative; this filing shows the exercised derivative shares were reported as disposed the same day (the form lists both the acquisition and disposition). The RSUs are a grant that will convert to shares if and when they vest and will have a cash value based on ISRG stock price at vesting.
• These entries show no dollar amounts in the provided summary; consult the full Form 4 for details on whether proceeds, tax withholding, or net settlement were involved.