Brosius Mark 4
Research Summary
AI-generated summary
Intuitive Surgical (ISRG) — Mark Brosius EVP Sells 69 Shares
What Happened Mark Brosius, EVP & Chief Manufacturing and Supply Chain Officer at Intuitive Surgical (ISRG), sold a total of 69 shares in three open-market transactions between June 8–10, 2026. Each sale was for 23 shares: 23 @ $420.12 (6/8) for $9,663; 23 @ $421.13 (6/9) for $9,686; and 23 @ $424.14 (6/10) for $9,755 — total proceeds ≈ $29,104. These were sales (not purchases), which are often routine dispositions.
Key Details
- Transaction dates and prices:
- 2026-06-08: 23 shares @ $420.12 = $9,663
- 2026-06-09: 23 shares @ $421.13 = $9,686
- 2026-06-10: 23 shares @ $424.14 = $9,755
- Total shares sold: 69; total proceeds ≈ $29,104.
- Filing: Form 4 filed 2026-06-10 reporting transactions from 2026-06-08 to 2026-06-10. No late-filing indication shown in the filing.
- Shares owned after the transactions: not specified in the provided filing.
- Footnote: Transactions executed under a pre-existing Rule 10b5-1 trading plan (per footnote F1), which expires on February 14, 2027.
Context Sales made under a 10b5-1 plan are generally pre-scheduled and do not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases typically carry stronger informational weight than routine sales; this filing documents routine, small-dollar insider selling rather than a large, new stake change.