Jeddi Iman 4
Research Summary
AI-generated summary
Intuitive Surgical (ISRG) SVP Jeddi Iman Receives RSU Shares
What Happened
Jeddi Iman, SVP & GM, da Vinci Platforms at Intuitive Surgical (ISRG), had 838 restricted stock units (RSUs) convert into common stock on 2026-02-10. To satisfy tax withholding, 309 of those shares were withheld (disposed) at an implied value of $492.84 per share (total ~$152,288). The remaining net shares were deposited into the holder’s account.
Key Details
- Transaction date: 2026-02-10.
- Conversion/exercise code: M — 838 RSUs converted to 838 shares of common stock (one-for-one).
- Tax withholding code: F — 309 shares withheld at $492.84/share, total $152,288, to cover tax liability.
- Net delivered to holder: 838 − 309 = 529 shares deposited to the account.
- Footnotes: RSUs vest 25% per year over four years starting Feb 10, 2023; a portion of vested shares were held back for statutory tax withholding.
- Filing timeliness: Reported with period date equal to transaction date (no indication of a late filing).
Context
This was a routine vesting of RSUs (award conversion), not an open-market purchase or sale for investment purposes. The withholding of shares to cover taxes is common and should not be read as a discretionary sale by the insider.