Samath Jamie 4
Research Summary
AI-generated summary
Intuitive Surgical (ISRG) CFO Jamie Samath Exercises RSUs, Sells Shares
What Happened
Jamie Samath, EVP & CFO of Intuitive Surgical (ISRG), had 1,077 restricted stock units (RSUs vest) convert into common shares on Feb 10, 2026. To satisfy tax withholding, 496 of those shares were withheld/sold at $492.84 per share, resulting in proceeds of $244,449. The remaining vested shares were deposited into the holder’s account.
Key Details
- Transaction date: February 10, 2026.
- Vest/conversion: 1,077 RSUs converted into 1,077 shares (reporting code M).
- Tax withholding/disposal: 496 shares disposed at $492.84 each, total $244,449 (reporting code F).
- Footnotes: RSUs vest 25% per year over four years beginning Feb 10, 2023; 25% have vested and a portion was held back for statutory tax withholding; net shares were deposited.
- Shares owned after transaction: not disclosed in this filing.
- Filing timeliness: report filed same day (timely).
Context
This was a routine vesting of RSUs with shares withheld/sold to cover taxes (common compensation-related withholding), not a discretionary open-market sale for investment purposes. Code M indicates conversion/exercise of a derivative (here, RSUs); code F reflects shares surrendered/withheld for tax obligations.