Jeddi Iman 4

4 · INTUITIVE SURGICAL INC · Filed Feb 27, 2026

AI-generated summary of this filing

Updated Feb 27, 2026

Intuitive Surgical (ISRG) SVP Jeddi Iman Vests Awards, Withholds Shares for Taxes

What Happened

Jeddi Iman, SVP & GM, da Vinci Platforms, had equity awards (RSUs and PSUs) vest/convert on Feb 26, 2026. The filing shows awards of 2,793 PSUs and 4,480 RSUs recorded as granted/converted, and conversions/exercises of related derivatives.
To satisfy tax withholding, 631 and 341 shares (total 972 shares) were disposed at $506.17 per share, generating $319,393 and $172,604 respectively (total $491,997). The remaining vested shares were deposited into the reporting person’s account.

Key Details

Transaction date: 2026-02-26; Form 4 filed: 2026-02-27 (timely — within required reporting window).
Tax-withholding sales: 631 shares @ $506.17 ($319,393) and 341 shares @ $506.17 ($172,604); total withheld/sold = 972 shares for $491,997.
Grants / conversions reported: Grant/award entries for 2,793 (PSUs) and 4,480 (RSUs) shares (derivative awards recorded at $0). Several exercise/conversion (M) entries show conversion of derivatives into shares.
Footnotes: F1 explains RSU vesting and that a portion was withheld for taxes; F2 confirms PSUs (granted 2/28/2023) met performance criteria and vested 2/28/2026; F3 reiterates RSU vesting schedule.
Shares owned after transaction: not specified in the supplied filing.
Transaction codes: M = exercise/conversion of derivative; A = grant/award; F = shares withheld/disposed to satisfy tax withholding.

Context / What this means for investors

These transactions represent routine vesting and tax-withholding activity on equity awards, not an open-market sale intended to realize gains. The F-coded dispositions are tax withholdings rather than discretionary sell decisions.
For clarity: PSUs vesting was performance-based (per footnote F2) and RSUs follow scheduled vesting (F1/F3). No indication in this filing of additional purchases or directional insider trading beyond the vesting/withholding events.

Form 4

Period: 2026-02-26

SVP & GM da Vinci Platforms &

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-26+1,622→ 2,207 total
Tax Payment
Common Stock
[F1]
2026-02-26$506.17/sh−631$319,393→ 1,576 total
Exercise/Conversion
Common Stock
[F1]
2026-02-26+687→ 2,263 total
Tax Payment
Common Stock
[F1]
2026-02-26$506.17/sh−341$172,604→ 1,922 total
Award
Performance Stock Units - 2-28-2023
[F2]
2026-02-26+2,793→ 8,378 total
Exercise: $0.00→ Common Stock (2,793 underlying)
Exercise/Conversion
Restricted Stock Units - 2-26-2024
[F3]
2026-02-26−1,622→ 3,243 total
Exercise: $0.00→ Common Stock (1,622 underlying)
Exercise/Conversion
Restricted Stock Units - 2-26-2025
[F3]
2026-02-26−687→ 2,059 total
Exercise: $0.00→ Common Stock (687 underlying)
Award
Restricted Stock Units - 2-26-2026
[F3]
2026-02-26+4,480→ 4,480 total
Exercise: $0.00→ Common Stock (4,480 underlying)

Holdings

Footnotes (3)

[F1]RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25% of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account.
[F2]Represents performance stock units ("PSUs") initially granted to the Reporting Person on February 28, 2023 subject to achievement of certain performance metrics. The performance criteria for the PSUs reported herein have been achieved, as determined by the Compensation Committee of the Issuer. The PSUs reported herein vest on February 28, 2026, the third anniversary of the grant date, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
[F3]Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.

Signature

By: Stephanie Lim-Ignacio For: Jeddi, Iman|2026-02-27

1 file