Widman Fredrik 4

4 · INTUITIVE SURGICAL INC · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

Intuitive Surgical (ISRG) VP Fredrik Widman Sells Shares

What Happened

Fredrik Widman, VP Corporate Controller at Intuitive Surgical, sold shares in open-market transactions and had restricted stock units (RSUs) convert into common stock. Reported sales: 249 shares on 2026-02-27 at $499.71 ($124,428), 233 shares withheld/sold for taxes on 2026-02-28 at $503.51 ($117,318), and 118 shares on 2026-03-03 at $487.18 ($57,487). Total reported sale proceeds ≈ $299,233.
On 2026-02-28, 468 derivative units were converted/acquired (reported as exercise/conversion of derivative at $0.00), reflecting RSU vesting. A related derivative entry shows 468 shares disposed (reported at $0.00) consistent with vest/withholding activity.

Key Details

Dates & prices: 02/27/2026 — 249 shares @ $499.71; 02/28/2026 — 468 RSUs converted (0.00); 02/28/2026 — 233 shares withheld/sold @ $503.51 for taxes; 03/03/2026 — 118 shares sold @ $487.18.
Aggregate proceeds from disclosed sales: ≈ $299,233.
Shares owned after these transactions: not specified in the filing excerpt.
Footnotes: (F1) At least one transaction was made under a Rule 10b5-1 trading plan that expires 05/21/2026. (F2/F3) RSUs vest 25% annually over four years; vested RSUs convert 1-for-1 to common stock and a portion can be held back/sold to cover statutory tax withholding.
Filing timeliness: no late filing flag noted in the supplied data.

Context

The Feb 28 "M" entries are RSU conversions (derivative-to-stock conversion), not option exercises requiring cash; the related "F" entry reflects shares withheld/sold to satisfy tax withholding on vesting (a common, non-speculative administrative action).
The open-market sales were executed under/consistent with a 10b5-1 plan (per footnote), which typically indicates pre-arranged selling rather than active market-timing by the insider.

Form 4

Period: 2026-02-27

VP Corporate Controller

Transactions

Sale
Common Stock
[F1]
2026-02-27$499.71/sh−249$124,428→ 909 total
Exercise/Conversion
Common Stock
[F2]
2026-02-28+468→ 1,377 total
Tax Payment
Common Stock
[F2]
2026-02-28$503.51/sh−233$117,318→ 1,144 total
Sale
Common Stock
[F1]
2026-03-03$487.18/sh−118$57,487→ 1,026 total
Exercise/Conversion
Restricted Stock Units
[F3]
2026-02-28−468→ 0 total
Exercise: $0.00Exp: 2026-02-28→ Common Stock (468 underlying)

Footnotes (3)

[F1]The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 21, 2026.
[F2]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.
[F3]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|2026-03-03

1 file