Reed Monica P 4

What Happened

• Monica P. Reed, a director of Intuitive Surgical (ISRG), reported derivative transactions and an award on 2026-04-30. The filing shows an exercise/conversion (code M) of 531 derivative shares and an immediate disposition of 531 shares (both at $0.00 per share), and a grant/award (code A) of 554 shares at $0.00. The filing reports $0 cash for these transactions.

Key Details

• Transaction date: 2026-04-30 (report filed 2026-04-30, accession 0001854171-26-000002).
• Transactions: exercised/converted 531 shares (M) and simultaneously disposed of 531 shares (M); granted 554 shares (A). All reported at $0.00 per share.
• Shares owned after the transactions: Not disclosed in the filing.
• Footnote: F1 — 100% of the 554 RSUs vest on the earlier of one year from grant or the next Annual Meeting of Stockholders, subject to continued service.
• Filing timeliness: No late filing flag indicated.

Context

• Code M indicates an exercise or conversion of a derivative; code A indicates a grant/award (here RSUs). The simultaneous acquisition and disposition of 531 shares at $0.00 often reflects a net settlement or withholding/sale to cover taxes or conversion mechanics, but the filing itself reports $0 proceeds and provides no additional detail. The awarded 554 RSUs are subject to time-based vesting under the noted footnote.