Intuitive Surgical (NASDAQ: ISRG) EVP sells 48 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Surgical executive Mark Brosius, EVP & Chief Manufacturing and Supply Chain, reported small open-market sales of company common stock. He sold 25 shares at $414.13 on June 12, 2026 and 23 shares at $412.16 on June 11, 2026, totaling 48 shares. After these transactions, he directly holds 1,406 shares of Intuitive Surgical common stock. The trades were executed under a pre-arranged Rule 10b5-1 trading plan that is stated to expire on February 14, 2027, indicating the timing was set in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 48 shares ($19,833)
Net Sell
2 txns
Insider
Brosius Mark
Role
EVP & Chief Mfg and Supply Cha
Sold
48 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25 | $414.13 | $10K |
| Sale | Common Stock | 23 | $412.16 | $9K |
Holdings After Transaction:
Common Stock — 1,406 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Total shares sold: 48 shares
Shares sold on June 11, 2026: 23 shares at $412.16/share
Shares sold on June 12, 2026: 25 shares at $414.13/share
+3 more
6 metrics
Total shares sold
48 shares
Two open-market sales reported in Form 4
Shares sold on June 11, 2026
23 shares at $412.16/share
Open-market sale of common stock
Shares sold on June 12, 2026
25 shares at $414.13/share
Open-market sale of common stock
Shares held after transactions
1,406 shares
Direct ownership following reported sales
Trading plan expiration
February 14, 2027
Rule 10b5-1 trading plan end date
Number of sale transactions
2 transactions
Both coded as open-market sales (S)
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale" and transaction_code_description: "Sale in open market or private transaction""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: "Common Stock" for both transactions"
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.
non-derivative financial
"transaction_type: "non-derivative" for the reported sales"
FAQ
What insider transaction did Intuitive Surgical (ISRG) report for Mark Brosius?
Intuitive Surgical reported that EVP Mark Brosius sold 48 shares of common stock in two open-market transactions. He sold 23 shares on June 11, 2026 and 25 shares on June 12, 2026, as disclosed in a Form 4 insider filing.
What type of insider transactions were reported for Intuitive Surgical (ISRG)?
The filing reports two non-derivative, open-market sales of Intuitive Surgical common stock by executive Mark Brosius. Both transactions are coded as “S” sales and are described as sales in the open market or private transactions.