STOCK TITAN

Intuitive Surgical (ISRG) VP executes 10b5-1 stock sales after RSU vest

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Intuitive Surgical VP Corporate Controller Fredrik Widman reported planned share sales and RSU vesting activity. He sold 249 shares of common stock on February 27, 2026 at $499.71 per share, and 118 shares on March 3, 2026 at $487.18 per share in open-market transactions under a Rule 10b5-1 trading plan that runs through May 21, 2026.

These sales followed the vesting of 468 restricted stock units on February 28, 2026, which converted into the same number of common shares. To cover statutory tax withholding on the vesting, 233 shares of common stock were disposed of at $503.51 per share. After these transactions, Widman directly held just over one thousand common shares.

Positive

  • None.

Negative

  • None.

Insights

Planned, small insider net selling tied to RSU vesting.

The filing shows Fredrik Widman executing a mix of equity compensation events and modest open-market sales. 468 RSUs vested and converted into common stock, with 233 shares withheld to satisfy tax obligations, which is typical for stock-based awards.

Subsequently, Widman sold 249 shares at $499.71 and 118 shares at $487.18 under a pre-arranged Rule 10b5-1 trading plan that is scheduled to expire on May 21, 2026. The plan-based nature and relatively small share counts point to routine portfolio and tax management rather than a thesis-changing move.

The net result is a reduction of a few hundred shares, leaving him with a remaining direct stake in Intuitive Surgical common stock. Future company filings may provide additional context on ongoing equity grants, vesting schedules, or further transactions under the same trading plan.

Insider Widman Fredrik
Role VP Corporate Controller
Sold 367 shs ($182K)
Type Security Shares Price Value
Sale Common Stock 118 $487.18 $57K
Exercise Restricted Stock Units 468 $0.00 --
Exercise Common Stock 468 $0.00 --
Tax Withholding Common Stock 233 $503.51 $117K
Sale Common Stock 249 $499.71 $124K
Holdings After Transaction: Common Stock — 1,026 shares (Direct); Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
  1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 21, 2026. RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25% of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account. Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.
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).
X
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*
Widman Fredrik

(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)
VP Corporate Controller
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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
Common Stock 02/27/2026 S(1) 249 D $499.71 909 D
Common Stock 02/28/2026 M(2) 468 A $0.0 1,377 D
Common Stock 02/28/2026 F(2) 233 D $503.51 1,144 D
Common Stock 03/03/2026 S(1) 118 D $487.18 1,026 D
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
Restricted Stock Units $0.0 02/28/2026 M 468 (3) 02/28/2026(3) Common Stock 468 $0.0 0 D
Explanation of Responses:
1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 21, 2026.
2. RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. RSUs convert into common stock on the vest date on a one-for-one basis. 25% of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account.
3. Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.
By: Stephanie Lim-Ignacio For: Widman, Fredrik 03/03/2026
** 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 transactions did Intuitive Surgical (ISRG) VP Fredrik Widman report?

Fredrik Widman reported RSU vesting and small common stock sales. 468 RSUs vested into common shares, 233 shares were withheld for taxes, and he sold 249 and 118 shares in separate open-market transactions.

Were Fredrik Widman’s ISRG stock sales under a Rule 10b5-1 trading plan?

Yes. The filing states his stock transactions occurred under a Trading Plan that complies with SEC Rule 10b5-1, expiring on May 21, 2026. Such plans pre-schedule trades, helping separate personal portfolio moves from non-public information.

How many Intuitive Surgical (ISRG) shares did Fredrik Widman sell in these Form 4 transactions?

He sold 367 shares of common stock in total: 249 shares at $499.71 per share on February 27, 2026, and 118 shares at $487.18 per share on March 3, 2026, both as open-market sales.

What happened with Fredrik Widman’s restricted stock units in this ISRG Form 4?

A block of 468 restricted stock units vested on February 28, 2026 and converted into the same number of common shares. According to the filing, 233 shares were disposed of to cover statutory tax withholding tied to this vesting.

How do Fredrik Widman’s ISRG RSUs vest over time?

Each RSU grant vests 25% per year over four years, starting on the first anniversary of the grant date. Upon each vesting date, RSUs convert into Intuitive Surgical common stock on a one-for-one basis, subject to tax withholding.

Did the Intuitive Surgical (ISRG) insider keep any shares after tax withholding on RSU vesting?

Yes. Of the 468 RSUs that vested and converted to shares, the filing notes that 25% of the shares were released, a portion was held back for tax withholding, and the net shares were deposited into the holder’s account.