Brosius Mark 4
Research Summary
AI-generated summary
Intuitive Surgical (ISRG) EVP Mark Brosius Sells 54 Shares
What Happened
- Mark Brosius, EVP & Chief Manufacturing and Supply Chain Officer at Intuitive Surgical (ISRG), sold a total of 54 shares in three open-market transactions between May 18–20, 2026. The sales were for 18 shares each at $422.47, $440.70, and $440.38, totaling about $23,464. These were sales (not purchases), executed under a pre-established trading plan.
Key Details
- Transaction dates and prices:
- 2026-05-18: Sold 18 shares @ $422.47 = $7,604
- 2026-05-19: Sold 18 shares @ $440.70 = $7,933
- 2026-05-20: Sold 18 shares @ $440.38 = $7,927
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: Transactions were made under a Rule 10b5-1 trading plan that expires on February 14, 2027.
- Timeliness: Form 4 was filed on 2026-05-20 for transactions from 2026-05-18 to 2026-05-20 (reported as timely).
Context
- These were routine sales under a 10b5-1 plan (pre-arranged automatic trading). Such sales are generally considered planned dispositions rather than an immediate signal of insider sentiment; purchases are typically more informative for bullish signals.