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Intuitive Surgical (ISRG) CFO earns performance stock unit awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Intuitive Surgical executive Jamie Samath, EVP & CFO & Enterprise Technol, reported performance stock unit awards tied to prior grants. On January 28, 2026, 3,180 PSUs from a February 26, 2024 grant and 7,182 PSUs from a February 28, 2023 grant were credited after performance criteria were achieved.

The 2024 grant PSUs vest on February 26, 2027, and the 2023 grant PSUs vest on February 28, 2026, in each case subject to Samath’s continuous service to Intuitive Surgical through the respective third-anniversary vesting dates.

Positive

  • None.

Negative

  • None.
Insider Samath Jamie
Role EVP & CFO & Enterprise Technol
Type Security Shares Price Value
Grant/Award Performance Stock Units - 2-26-2024 3,180 $0.00 --
Grant/Award Performance Stock Units - 2-28-2023 7,182 $0.00 --
Holdings After Transaction: Performance Stock Units - 2-26-2024 — 3,180 shares (Direct); Performance Stock Units - 2-28-2023 — 7,182 shares (Direct)
Footnotes (1)
  1. Represents performance stock units ("PSUs") initially granted to the Reporting Person on February 26, 2024 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 26, 2027, the third anniversary of the grant date, subject to Reporting Person's continuous service to the Issuer through each such vesting date. 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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Samath Jamie

(Last) (First) (Middle)
1020 KIFER ROAD

(Street)
SUNNYVALE CA 94086

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTUITIVE SURGICAL INC [ ISRG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CFO & Enterprise Technol
3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units - 2-26-2024 $0.0 01/28/2026 A 3,180 (1) (1) Common Stock 3,180 $0.0 3,180 D
Performance Stock Units - 2-28-2023 $0.0 01/28/2026 A 7,182 (2) (2) Common Stock 7,182 $0.0 7,182 D
Explanation of Responses:
1. Represents performance stock units ("PSUs") initially granted to the Reporting Person on February 26, 2024 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 26, 2027, the third anniversary of the grant date, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
2. 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.
By: Stephanie Lim-Ignacio For: Samath, Jamie 01/30/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ISRG executive Jamie Samath report on this Form 4?

Jamie Samath reported the crediting of performance stock units after achieving set performance criteria. The filing shows awards of 3,180 and 7,182 PSUs tied to earlier grants, reflecting equity compensation based on performance metrics determined by the Compensation Committee.

How many performance stock units did ISRG CFO Jamie Samath receive in the January 28, 2026 transaction?

Jamie Samath received 3,180 performance stock units from a February 26, 2024 grant and 7,182 performance stock units from a February 28, 2023 grant. Both amounts are recorded as directly owned derivative securities with a stated price of $0.0 per unit in the filing.

What performance conditions applied to the ISRG PSUs reported for Jamie Samath?

The performance stock units were initially granted subject to achievement of certain performance metrics. The filing states that the performance criteria for both the 2023 and 2024 PSU grants have been achieved, as determined by Intuitive Surgical’s Compensation Committee, triggering the awards reported on January 28, 2026.

When do Jamie Samath’s reported ISRG performance stock units vest?

The PSUs from the February 26, 2024 grant vest on February 26, 2027. The PSUs from the February 28, 2023 grant vest on February 28, 2026. Vesting in each case requires Jamie Samath’s continuous service to Intuitive Surgical through the applicable third-anniversary vesting date.

What role does Jamie Samath hold at Intuitive Surgical (ISRG) in this filing?

Jamie Samath is identified as an officer of Intuitive Surgical with the title “EVP & CFO & Enterprise Technol.” The Form 4 indicates the report is filed by one reporting person, and the transactions relate to performance stock units directly owned by Samath as part of equity compensation.

How are the performance stock units for ISRG’s Jamie Samath classified in the Form 4?

The performance stock units are reported as derivative securities in Table II. They are shown with a conversion or exercise price of $0.0, directly owned, and each PSU corresponds to shares of Intuitive Surgical common stock underlying the awards, subject to vesting conditions and service requirements.