Intuitive Surgical Director Amy L. Ladd Sells 472 Shares

What Happened
Amy L. Ladd, a director of Intuitive Surgical (ISRG), sold a total of 472 shares in two open-market transactions. On 2026-08-10 she sold 400 shares at $379.00 each (proceeds $151,600), and on 2026-08-11 she sold 72 shares at $393.10 each (proceeds $28,303). Total proceeds from these sales were approximately $179,903. These were sales (not purchases), and the filing indicates they were made under a pre-established trading plan.

Key Details

• Transaction dates and prices:
  • 2026-08-10: 400 shares at $379.00 each — $151,600 proceeds
  • 2026-08-11: 72 shares at $393.10 each — $28,303 proceeds
• Total shares sold: 472; total proceeds ≈ $179,903
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: Transactions were made under a Rule 10b5-1 trading plan that expires May 15, 2027
• Filing date/timeliness: Form 4 filed 2026-08-11 covering transactions on 2026-08-10 and 2026-08-11 — appears to be filed within the usual two-business-day window

Context
The sales were executed under a 10b5-1 plan, which typically means the trades were pre-scheduled and are often considered routine rather than a real-time signal of the insider’s view on the company. Sales by directors are common and do not, by themselves, indicate management sentiment.