Widman Fredrik 4

4 · INTUITIVE SURGICAL INC · Filed Feb 27, 2026

AI-generated summary of this filing

Updated Feb 27, 2026

Intuitive Surgical (ISRG) VP Fredrik Widman Exercises RSUs; Shares Withheld

What Happened

Fredrik Widman, VP & Corporate Controller at Intuitive Surgical (ISRG), had RSUs convert to common stock (exercise/conversion) on 2026-02-26 and portions of the shares were withheld to cover tax withholding. Specifically, conversions of 611 and 378 RSUs were reported (total 989), and 303 + 188 = 491 shares were surrendered to satisfy withholding, producing cash withheld totals of $153,370 and $95,160 (at $506.17 per share), for a combined tax withholding of $248,530. A separate grant/award of 1,627 RSUs was also reported the same date. The RSU exercise/conversion entries show $0 exercise price (typical for RSUs).

Key Details

Transaction date: 2026-02-26; Form 4 filed 2026-02-27 (timely).
Conversions/exercises: 611 and 378 RSUs converted to common stock (exercise price $0).
Withholding (tax payment): 303 shares ($153,370) and 188 shares ($95,160) at $506.17/share — total 491 shares withheld for $248,530.
Grant: 1,627 RSUs reported as awarded (each RSU converts to one share upon vesting).
Shares owned after transaction: not specified in the provided excerpt of the filing.
Footnotes: F1/F2 confirm these are RSUs that vest 25% per year over four years; 25% released and a portion held back for statutory tax withholding; net shares deposited to the holder’s account.

Context

These entries reflect RSU vesting/conversion and routine statutory tax withholding (shares held back rather than an open-market sale). This is not an open-market purchase or sale that signals added market exposure by the insider; it’s standard compensation tax withholding tied to vesting. The zero exercise price and footnotes identify the awards as restricted stock units (RSUs), which convert one-for-one into common shares.

Form 4

Period: 2026-02-26

VP Corporate Controller

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-26+611→ 1,271 total
Tax Payment
Common Stock
[F1]
2026-02-26$506.17/sh−303$153,370→ 968 total
Exercise/Conversion
Common Stock
[F1]
2026-02-26+378→ 1,346 total
Tax Payment
Common Stock
[F1]
2026-02-26$506.17/sh−188$95,160→ 1,158 total
Exercise/Conversion
Restricted Stock Units - 2-26-2024
[F2]
2026-02-26−611→ 1,220 total
Exercise: $0.00→ Common Stock (611 underlying)
Exercise/Conversion
Restricted Stock Units - 2-26-2025
[F2]
2026-02-26−378→ 1,133 total
Exercise: $0.00→ Common Stock (378 underlying)
Award
Restricted Stock Units - 2-26-2026
[F2]
2026-02-26+1,627→ 1,627 total
Exercise: $0.00→ Common Stock (1,627 underlying)

Footnotes (2)

[F1]RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25% of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account.
[F2]Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.

Signature

By: Stephanie Lim-Ignacio For: Widman, Fredrik|2026-02-27

1 file