Rosa David J. 4

What Happened Rosa David J., CEO of Intuitive Surgical, had 1,436 restricted stock units (RSUs convert/vest) convert into common stock on February 10, 2026. Of those vested shares, 724 shares were withheld to satisfy tax withholding at $492.84 per share (total $356,816). The RSUs converted at $0.00 per share; after withholding the net 712 shares were deposited to the holder’s account.

Key Details

• Transaction date: 2026-02-10.
• Vesting/conversion: 1,436 RSUs converted into common stock (code M; conversion price shown as $0.00).
• Tax withholding: 724 shares disposed (code F) at $492.84/share = $356,816 withheld to cover taxes.
• Net shares received: 712 shares deposited to the holder’s account.
• Footnotes: RSUs vest 25% per year over four years beginning Feb 10, 2023; RSUs convert one-for-one on vesting and a portion is routinely held back for statutory tax withholding.
• Shares owned after transaction: not specified in this filing.
• Filing timeliness: Reported with period and filing date both 2026-02-10 (timely).

Context This was a routine RSU vesting event, not an open-market purchase or a discretionary sale by the insider. The withheld-share disposition is a common cashless withholding to cover tax liabilities and does not necessarily indicate a change in the insider’s view of the company.