Intuitive Surgical (ISRG) HR chief discloses RSU holdings
Rhea-AI Filing Summary
Intuitive Surgical executive Patricia L. Wadors, SVP and Chief Human Resources Officer, filed an initial ownership report showing she directly holds two blocks of restricted stock units (RSUs) in Intuitive Surgical common stock. One award covers 6,419 RSUs that vest 25% each year on October 10 starting in 2024, and another covers 1,831 RSUs that vest 25% each year on February 26 starting in 2025. Each RSU converts into one share of common stock when it vests, conditioned on her continued service with the company.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- Each restricted stock units ("RSUs") represents a contingent right to receive one share of Issuer common stock upon vesting. 25% of the RSUs shall vest on each anniversary of October 10, 2024, subject to Reporting Person's continuous service to the Issuer through each such vesting date. Each RSU represents a contingent right to receive one share of Issuer common stock upon vesting. 25% of the RSUs shall vest on each anniversary of February 26, 2025, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
FAQ
What does the ISRG Form 3 filing by Patricia Wadors report?
How many RSUs does Patricia Wadors hold in Intuitive Surgical (ISRG)?
How do the RSUs reported by Patricia Wadors in ISRG vest over time?
Is the ISRG Form 3 for Patricia Wadors a stock sale or purchase?
What role does Patricia Wadors hold at Intuitive Surgical (ISRG)?
What does each RSU in the ISRG Form 3 represent for Patricia Wadors?