Intuitive Surgical (ISRG) SVP nets 592 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Surgical executive Mark Brosius reported routine equity compensation activity. On February 10, 2026, 838 restricted stock units granted on February 28, 2023 converted into the same number of common shares at an exercise price of $0.00.
To cover statutory tax withholding, 433 common shares were automatically disposed of at $492.84 per share, leaving Brosius with 592 shares of Intuitive Surgical common stock held directly after the transactions. The RSUs vest in four equal annual installments, each representing 25% of the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
838 shares exercised/converted
Mixed
3 txns
Insider
Brosius Mark
Role
SVP & Chief Mfg and Supply Cha
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - 2-28-2023 | 838 | $0.00 | -- |
| Exercise | Common Stock | 838 | $0.00 | -- |
| Tax Withholding | Common Stock | 433 | $492.84 | $213K |
Holdings After Transaction:
Restricted Stock Units - 2-28-2023 — 838 shares (Direct);
Common Stock — 1,025 shares (Direct)
Footnotes (1)
- RSUs vest 25% per year over a four year period, commencing on each anniversary of February 10, 2023. 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. Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock upon vesting. 25% of the RSUs shall vest on each anniversary of February 10, 2023, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
FAQ
What did Intuitive Surgical (ISRG) executive Mark Brosius report in this Form 4?
Mark Brosius reported the vesting of 838 restricted stock units into common stock, followed by the sale of 433 shares to satisfy statutory tax withholding, resulting in direct ownership of 592 Intuitive Surgical common shares after the transactions.
What is the vesting schedule of Mark Brosius’s Intuitive Surgical RSUs from February 2023?
The restricted stock units vest 25% per year over four years, with each tranche vesting on the anniversary of February 10, 2023. Each RSU converts into one share of Intuitive Surgical common stock upon vesting, subject to his continuous service with the company.
What does transaction code M mean in Mark Brosius’s Intuitive Surgical Form 4?
Transaction code M indicates the exercise or conversion of a derivative security, in this case restricted stock units, into common stock. For Mark Brosius, 838 RSUs converted into 838 Intuitive Surgical common shares at a stated price of $0.00 per share on February 10, 2026.
What does transaction code F represent in the Intuitive Surgical Form 4 for Mark Brosius?
Transaction code F reflects the disposition of shares to pay tax withholding obligations associated with an equity award. Here, 433 Intuitive Surgical common shares were withheld or sold at $492.84 per share to satisfy statutory taxes from the RSU vesting event.