LOEB GARY 4

What Happened

• Gary Loeb, EVP & Chief Legal and Compliance Officer at Intuitive Surgical, had 315 restricted stock units (RSUs convert to common stock) vest on Feb 10, 2026. All 315 RSUs converted into 315 shares (code M). To satisfy tax withholding, 172 shares were surrendered (code F) at $492.84 per share, producing proceeds of approximately $84,768. The net shares (after withholding) were deposited into his account.

Key Details

• Transaction date: 2026-02-10.
• Conversion: 315 RSUs → 315 shares (code M) at $0.00 exercise price (RSUs convert one-for-one).
• Tax withholding: 172 shares withheld/disposed (code F) at $492.84 each = ~$84,768.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1/F2 confirm these were RSUs that vest 25% per year beginning Feb 10, 2023; a portion of vested shares were held back to cover statutory tax withholding and the net shares were deposited.
• Filing timeliness: Reported on the same date (2026-02-10) — appears timely.

Context

• This was a routine RSU vesting with net-share tax withholding (common practice), not an open-market purchase or discretionary sale; it does not, by itself, signal a trading view. Code M denotes conversion/exercise of a derivative/RSU; code F denotes shares surrendered or withheld to cover tax obligations.