Intuitive Surgical (ISRG) SVP sells 3,658 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Surgical senior executive Mark Brosius reported open-market sales of company common stock. As SVP and Chief Manufacturing and Supply Chain Officer, he sold a total of 3,658 shares across three transactions on March 3, 4, and 5, 2026.
The sales were executed at weighted-average prices of about $488.10, $498.6804, and $495.20 per share, with detailed price ranges provided in the footnotes. After these transactions, he directly held 2,906 shares of Intuitive Surgical common stock. All sales took place under a Trading Plan that complies with SEC Rule 10b5‑1 and expires on February 14, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,658 shares ($1,815,062)
Net Sell
3 txns
Insider
Brosius Mark
Role
SVP & Chief Mfg and Supply Cha
Sold
3,658 shs ($1.82M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 648 | $495.20 | $321K |
| Sale | Common Stock | 2,362 | $498.6804 | $1.18M |
| Sale | Common Stock | 648 | $488.10 | $316K |
Holdings After Transaction:
Common Stock — 2,906 shares (Direct)
Footnotes (1)
- The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on February 14, 2027. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $487.18 to $489.94 as follows: 432 shares sold at $487.18 and 216 shares sold at $489.94. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $495.19 to $500.00 as follows: 648 shares sold at $495.19 and 1,714 shares sold at $500.00. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
FAQ
What insider transaction did Mark Brosius report at Intuitive Surgical (ISRG)?
Mark Brosius reported selling common stock of Intuitive Surgical in three open-market transactions. These occurred on March 3, 4, and 5, 2026, and were executed under a pre-established SEC Rule 10b5-1 trading plan that outlines predetermined trading instructions.
Was the Intuitive Surgical (ISRG) insider sale made under a 10b5-1 trading plan?
Yes. The filing states the transactions occurred under a Trading Plan that complies with SEC Rule 10b5-1. This plan, which pre-schedules trades, is disclosed as expiring on February 14, 2027, indicating the sales followed predetermined instructions.
What role does Mark Brosius hold at Intuitive Surgical (ISRG) according to the Form 4?
Mark Brosius is identified as an officer of Intuitive Surgical with the title “SVP & Chief Mfg and Supply Cha.” This indicates he serves as a senior vice president overseeing manufacturing and supply chain functions while engaging in the reported stock transactions.