WADORS PATRICIA L 4

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.