4Filed Jul 28, 8:00 PM ET

Intuitive Surgical EVP Mark Brosius Sells Shares

$ISRG · INTUITIVE SURGICAL INC

Research Summary

AI-generated summary of this SEC filing

Updated

Intuitive Surgical EVP Mark Brosius Sells Shares

What Happened

  • Mark Brosius, EVP & Chief Manufacturing and Supply Chain (Intuitive Surgical, ISRG), sold a total of 84 shares in three open‑market transactions between July 27–29, 2026. The sales were for 28 shares each day at $344.00 ($9,632), $365.58 ($10,236), and $360.21 ($10,086), totaling roughly $29,954.
  • These were disposals (sales), which are commonly routine portfolio transactions rather than explicit bullish signals.

Key Details

  • Transaction dates and prices:
    • 2026-07-27: 28 shares sold at $344.00 — $9,632
    • 2026-07-28: 28 shares sold at $365.58 — $10,236
    • 2026-07-29: 28 shares sold at $360.21 — $10,086
  • Total shares sold: 84; total proceeds: ≈ $29,954.
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Footnote: Trades were made under a Rule 10b5‑1 trading plan that complies with SEC rules and expires on February 14, 2027.
  • Filing timeliness: Report filed 2026-07-29 for transactions through 2026-07-27; filing does not appear to be late.

Context

  • Sales under an established 10b5‑1 plan are pre-arranged and typically indicate automated or scheduled disposals rather than ad‑hoc insider decisions. For retail investors, such routine insider sales are informational but not necessarily a signal about the company’s near‑term prospects.