Intuitive Surgical (NASDAQ: ISRG) EVP sells 69 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Surgical EVP & Chief Manufacturing and Supply Chain officer Mark Brosius reported small open-market sales of company Common Stock. Across three days, he sold a total of 69 shares at prices between $420.12 and $424.14 per share.
After these transactions, Brosius directly holds 1,454 shares of Intuitive Surgical Common Stock. The filing notes that the trades were executed under a Trading Plan that complies with SEC Rule 10b5-1 and is scheduled to expire on February 14, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 69 shares ($29,104)
Net Sell
3 txns
Insider
Brosius Mark
Role
EVP & Chief Mfg and Supply Cha
Sold
69 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 23 | $424.14 | $10K |
| Sale | Common Stock | 23 | $421.13 | $10K |
| Sale | Common Stock | 23 | $420.12 | $10K |
Holdings After Transaction:
Common Stock — 1,454 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold June 10, 2026: 23 shares at $424.14
Shares sold June 9, 2026: 23 shares at $421.13
Shares sold June 8, 2026: 23 shares at $420.12
+3 more
6 metrics
Shares sold June 10, 2026
23 shares at $424.14
Open-market sale of Common Stock
Shares sold June 9, 2026
23 shares at $421.13
Open-market sale of Common Stock
Shares sold June 8, 2026
23 shares at $420.12
Open-market sale of Common Stock
Total shares sold
69 shares
Sum of three open-market sales
Shares held after trades
1,454 shares
Direct Common Stock ownership following final sale
Rule 10b5-1 plan expiry
February 14, 2027
Expiration date of pre-arranged Trading Plan
Key Terms
Rule 10b5-1, Trading Plan, open-market sale, Common Stock
4 terms
Rule 10b5-1 regulatory
"Trading Plan that complies with SEC Rule 10b5-1 and expires on February 14, 2027."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Trading Plan financial
"The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1"
A trading plan is a written set of rules an investor follows about what to buy or sell, when to enter and exit positions, and how much risk to accept—like a travel itinerary that maps the route, stops, and budget before a trip. It matters because it helps remove emotional decisions during market swings, enforces discipline, and makes performance easier to review and improve, reducing the chance of costly impulsive moves.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider stock transactions did ISRG executive Mark Brosius report?
Mark Brosius reported selling 69 shares of Intuitive Surgical Common Stock in three open-market transactions. The sales occurred over consecutive days at prices slightly above $420 per share, and were disclosed in a Form 4 insider trading report.