Samath Jamie 4
4 · INTUITIVE SURGICAL INC · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
Intuitive Surgical (ISRG) CFO Samath Jamie Receives Award
What Happened
Samath Jamie, EVP & Chief Financial Officer of Intuitive Surgical (ISRG), was reported on a Form 4 as receiving two derivative awards (code A) totaling 10,362 performance stock units (PSUs): 3,180 PSUs and 7,182 PSUs. Each grant is reported at $0.00 on the Form 4 (these are equity awards, not open-market purchases or sales). The Compensation Committee has determined the performance criteria for these PSUs have been met; vesting remains subject to continued service through each vesting date.
Key Details
- Transaction date: 2026-01-28; Form filed: 2026-01-30 (filed within the typical 2-business-day window).
- Reported amounts: 3,180 PSUs (footnote F1) and 7,182 PSUs (footnote F2) — total 10,362 PSUs. Reported transaction price: $0.00 (award).
- Vesting: 7,182 PSUs vest on Feb 28, 2026 (3rd anniversary of the Feb 28, 2023 grant); 3,180 PSUs vest on Feb 26, 2027 (3rd anniversary of the Feb 26, 2024 grant). Vesting is subject to continued service.
- Footnotes: F1 and F2 state these are PSUs originally granted in 2023 and 2024, respectively; performance targets have been achieved per the Compensation Committee.
- Shares owned after transaction: not disclosed in the summary data of the filing.
Context
These are performance-based equity awards (PSUs), which are derivatives that convert into shares only if performance conditions are met and the executive remains employed through the vesting dates. Such awards are standard compensation and do not represent an open-market purchase (a direct bullish signal) or a sale. The Form 4 reports the grants at $0.00 because they are awards — the actual market value will be realized if and when the PSUs vest and convert to common shares.
Insider Transaction Report
- Award
Performance Stock Units - 2-26-2024
[F1]2026-01-28+3,180→ 3,180 totalExercise: $0.00→ Common Stock (3,180 underlying) - Award
Performance Stock Units - 2-28-2023
[F2]2026-01-28+7,182→ 7,182 totalExercise: $0.00→ Common Stock (7,182 underlying)
Footnotes (2)
- [F1]Represents performance stock units ("PSUs") initially granted to the Reporting Person on February 26, 2024 subject to achievement of certain performance metrics. The performance criteria for the PSUs reported herein have been achieved, as determined by the Compensation Committee of the Issuer. The PSUs reported herein vest on February 26, 2027, the third anniversary of the grant date, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
- [F2]Represents performance stock units ("PSUs") initially granted to the Reporting Person on February 28, 2023 subject to achievement of certain performance metrics. The performance criteria for the PSUs reported herein have been achieved, as determined by the Compensation Committee of the Issuer. The PSUs reported herein vest on February 28, 2026, the third anniversary of the grant date, subject to Reporting Person's continuous service to the Issuer through each such vesting date.