Ladd Amy L 4
Research Summary
AI-generated summary
Intuitive Surgical (ISRG) Director Amy Ladd Sells Shares
What Happened
Amy L. Ladd, a director of Intuitive Surgical (ISRG), sold a total of 619 shares in two open-market transactions. On 2026-04-28 she sold 500 shares at $473.46 each for $236,730, and on 2026-04-29 she sold 119 shares at $463.50 each for $55,157 — total proceeds about $291,887. These were outright sales (not purchases or option exercises) and thus are typically routine disposition transactions.
Key Details
- Transaction dates and prices:
- 2026-04-28: 500 shares sold at $473.46 ($236,730)
- 2026-04-29: 119 shares sold at $463.50 ($55,157)
- Total shares sold: 619; total proceeds ≈ $291,887.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Transactions occurred under a Rule 10b5-1 trading plan that expires January 29, 2027 (per footnote F1).
- Filing: Form 4 filed 2026-04-29. Based on dates, the filing appears to be within the usual 2-business-day reporting window.
Context
Sales executed under a 10b5-1 plan are pre‑arranged and generally viewed as scheduled dispositions rather than new, discretionary insider bets. As with most insider sales, this is factual reporting of a sale and should not be taken alone as a directional signal about company prospects.