Brosius Mark 4
Research Summary
AI-generated summary
Intuitive Surgical SVP Mark Brosius Receives RSU Vesting
What Happened
- Mark Brosius, SVP & Chief Manufacturing and Supply Chain Officer at Intuitive Surgical (ISRG), had 838 restricted stock units (RSUs convert to shares) vest on February 10, 2026. The RSUs converted into 838 shares (recorded as an exercise/conversion), and 433 shares were withheld/disposed to cover tax withholding at $492.84 per share, totaling about $213,400. The remaining 405 shares were deposited into his account.
Key Details
- Transaction date: 2026-02-10.
- Reported entries: M = conversion/exercise of 838 RSUs into common stock (acquired at $0.00); F = 433 shares withheld/disposed for taxes at $492.84 each (≈ $213,400).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: RSUs vest 25% annually starting Feb 10, 2023; RSUs convert one-for-one into common shares on vesting; a portion of vested shares were held back to satisfy statutory tax withholding and net shares were deposited (see F1/F2).
- Filing timeliness: Form filed with transaction date 2026-02-10 (no late filing indicated in the provided data).
Context
- This was a routine RSU vesting event with shares withheld to cover taxes (a common cashless withholding), not an open-market sale or purchase. Such withholding transactions are administrative and do not necessarily signal insider sentiment about the company.