Intuitive Surgical (ISRG) CFO earns performance stock unit awards
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
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.