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Intuitive Surgical (NASDAQ: ISRG) director gets 554 RSUs, exercises 531

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

Rhea-AI Filing Summary

INTUITIVE SURGICAL INC director Monica P. Reed reported routine equity compensation activity. On April 30, 2026, she exercised 531 shares of restricted stock units into the same number of common shares, bringing her direct common stock holdings to 2,876 shares.

On the same date, she received a new grant of 554 restricted stock units. According to the disclosure, 100% of these RSUs will vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders, subject to her continued service.

Positive

  • None.

Negative

  • None.
Insider Reed Monica P
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 531 $0.00 --
Grant/Award Restricted Stock Units - 4-30-2026 554 $0.00 --
Exercise Common Stock 531 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Restricted Stock Units - 4-30-2026 — 554 shares (Direct, null); Common Stock — 2,876 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs exercised 531 shares Restricted Stock Units converted to common stock on April 30, 2026
Common shares held after 2,876 shares Direct common stock ownership following transactions
New RSU grant 554 units Restricted Stock Units granted on April 30, 2026
RSU vesting condition 100% vests by earlier of 1 year or next meeting Subject to continued service as disclosed in the footnote
Restricted Stock Units financial
"She received a new grant of 554 restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Annual Meeting of Stockholders financial
"vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Reed Monica P
(Last)(First)(Middle)
1020 KIFER ROAD
(Street)
SUNNYVALE CALIFORNIA 94086
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
INTUITIVE SURGICAL INC [ ISRG ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026M531A$0.02,876D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0.004/30/2026M531 (1) (1)Common Stock531$0.00D
Restricted Stock Units - 4-30-2026$0.004/30/2026A554 (1) (1)Common Stock554$0.0554D
Explanation of Responses:
1. 100% of the RSUs shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service.
By: Stephanie Lim-Ignacio For: Reed, Monica P.04/30/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did ISRG director Monica P. Reed report?

Monica P. Reed reported equity compensation activity, including exercising 531 restricted stock units into common stock and receiving a new grant of 554 restricted stock units. These transactions did not involve open-market buying or selling, and reflect routine director compensation arrangements.

How many Intuitive Surgical (ISRG) shares does Monica P. Reed hold after the Form 4?

After the reported transactions, Monica P. Reed directly holds 2,876 shares of Intuitive Surgical common stock. In addition, she holds 554 restricted stock units that can convert into common shares once they vest, providing additional potential equity exposure tied to her continued service as director.

What RSU grant did Monica P. Reed receive from Intuitive Surgical (ISRG)?

She received a grant of 554 restricted stock units linked to Intuitive Surgical common stock. The filing states that 100% of these RSUs vest on the earlier of one year from grant or the next Annual Meeting of Stockholders, provided she continues serving the company as specified.

Did Monica P. Reed sell any Intuitive Surgical (ISRG) shares in this Form 4?

The Form 4 does not report any open-market sales of Intuitive Surgical shares by Monica P. Reed. It shows only the exercise of 531 restricted stock units into common stock and the award of 554 new restricted stock units as part of her compensation.

How do the reported RSU transactions affect Monica P. Reed’s ISRG equity exposure?

Her equity exposure increased through exercising 531 RSUs into common stock, raising direct holdings to 2,876 shares. She also holds 554 new RSUs that will vest on time- and service-based conditions, potentially adding to her future common share ownership if those vesting requirements are satisfied.