INTUITIVE SURGICAL INC·4

Feb 27, 6:43 PM ET

WADORS PATRICIA L 4

4 · INTUITIVE SURGICAL INC · Filed Feb 27, 2026

Research Summary

AI-generated summary of this filing

Updated

Intuitive Surgical SVP Patricia Wadors Receives RSUs, Sells 220 Shares

What Happened

  • Patricia L. Wadors, SVP & Chief Human Resources Officer of Intuitive Surgical (ISRG), had 458 previously granted RSUs convert into common stock on Feb 26, 2026. Of those 458 shares, 238 were withheld to cover taxes (disposed at an assigned value of $506.17 each, total $120,468) and 220 were sold in the open market on Feb 27, 2026 at $499.71 each (total proceeds $109,936). On Feb 26, 2026 she was also granted 3,584 RSUs (a contingent award that vests over time).

Key Details

  • Transaction dates and prices:
    • Feb 26, 2026: 458 RSUs converted to shares (no cash price); 238 shares withheld for taxes valued at $506.17 each (total $120,468).
    • Feb 27, 2026: 220 shares sold on the open market at $499.71 each (total $109,936).
    • Feb 26, 2026: New grant of 3,584 RSUs (award, not immediate common stock).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes of note:
    • F1/F3: RSUs vest 25% per year over four years; vested RSUs convert one-for-one into common stock.
    • F1: A portion of vested shares were withheld to satisfy statutory tax withholding; net shares were deposited to the holder’s account.
    • F2: The open-market sale occurred under a pre-existing Rule 10b5-1 trading plan (expires June 5, 2026).
  • Filing timeliness: Report filed Feb 27, 2026 for transactions on Feb 26–27, 2026; no late filing indicated.

Context

  • These transactions reflect routine vesting and related tax withholding plus a planned sale (10b5-1). The conversion of RSUs into shares followed by withholding and an immediate sale is a common cashless/settlement pattern to cover taxes and/or convert compensation to cash; it does not, by itself, indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-02-26
WADORS PATRICIA L
SVP Chief Human Resources Offi
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-26+458458 total
  • Tax Payment

    Common Stock

    [F1]
    2026-02-26$506.17/sh238$120,468220 total
  • Sale

    Common Stock

    [F2]
    2026-02-27$499.71/sh220$109,9360 total
  • Exercise/Conversion

    Restricted Stock Units - 2-26-2025

    [F3]
    2026-02-264581,373 total
    Exercise: $0.00Common Stock (458 underlying)
  • Award

    Restricted Stock Units - 2-26-2026

    [F3]
    2026-02-26+3,5843,584 total
    Exercise: $0.00Common Stock (3,584 underlying)
Footnotes (3)
  • [F1]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.
  • [F2]The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on June 5, 2026.
  • [F3]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.
Signature
By: Stephanie Lim-Ignacio For: Wadors, Patricia|2026-02-27

Documents

1 file
  • 4
    edgardoc.xmlPrimary

    PRIMARY DOCUMENT