Intuitive Surgical VP exercises, sells 1,089 shares
VP Corporate Controller Fredrik Widman exercised options and sold 1,089 ISRG shares under a pre-arranged Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
INTUITIVE SURGICAL INC (ISRG) executive Fredrik Widman, VP Corporate Controller, reported an exercise-and-sell transaction on September 15, 2026 under a Rule 10b5-1 trading plan. He exercised options for 546 and 543 shares of common stock and sold the corresponding 1,089 shares on the same day.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 1,089 shares ($305K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Widman Fredrik
Role
VP Corporate Controller
Sold
1,089 shs ($408K)
Approx. gross sale proceeds
$408K
Approx. exercise cost
$103K
Approx. pre-tax spread
$305K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) F1, F2 | 546 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock Option (right to buy) F1, F3 | 543 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 546 | $79.6378 | $43K |
| Sale | Common Stock F1 | 546 | $374.44 | $204K |
| Exercise | Common Stock F1 | 543 | $109.4856 | $59K |
| Sale | Common Stock F1 | 543 | $374.44 | $203K |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 2,178 contracts (Direct);
Common Stock — 1,026 shares (Direct)
Footnotes (3)
- F1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on September 15, 2027.
- F2. Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
- F3. Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48 one month after the date of grant and 1/48 each month thereafter.
Key Figures
Shares sold (lot 1): 546 shares
Shares sold (lot 2): 543 shares
Sale price per share: $374.44 per share
+5 more
8 metrics
Shares sold (lot 1)
546 shares
Common stock sale on September 15, 2026
Shares sold (lot 2)
543 shares
Common stock sale on September 15, 2026
Sale price per share
$374.44 per share
Common stock sale transactions on September 15, 2026
Options exercised (lot 1)
546 options
Non-qualified stock options exercised into common stock
Exercise price (lot 1)
$79.6378 per share
Exercise price for 546 non-qualified stock options
Options exercised (lot 2)
543 options
Non-qualified stock options exercised into common stock
Exercise price (lot 2)
$109.4856 per share
Exercise price for 543 non-qualified stock options
Rule 10b5-1 plan expiry
September 15, 2027
Expiration date of the trading plan governing these transactions
Key Terms
Rule 10b5-1, Non-Qualified Stock Option, non-statutory stock option, 2010 Incentive Award Plan
4 terms
Rule 10b5-1 regulatory
"The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Non-Qualified Stock Option financial
"Non-Qualified Stock Option (right to buy) reported as the derivative security"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
non-statutory stock option financial
"Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan"
A non-statutory stock option is a company-granted right that lets a person buy shares later at a set price but does not receive special tax-favored treatment under tax law. It matters to investors because when the option is used the holder usually pays ordinary income tax on the gain and the company records compensation cost and issues new shares, which can reduce existing owners’ percentage ownership—think of it like a coupon to buy stock that creates a taxable event and some dilution.
2010 Incentive Award Plan financial
"Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ISRG executive Fredrik Widman report on this Form 4?
Fredrik Widman exercised 1,089 stock options for Intuitive Surgical Inc. common stock and sold 1,089 shares on September 15, 2026 in an exercise-and-sell sequence.
What option exercise prices were involved in Fredrik Widman’s ISRG Form 4?
Widman exercised non-qualified stock options for 546 shares at an exercise price of $79.6378 per share and for 543 shares at an exercise price of $109.4856 per share, each converting into Intuitive Surgical Inc. common stock.
Was Fredrik Widman’s ISRG trading done under a Rule 10b5-1 plan?
Yes. The filing states the transactions took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1, which is reported as expiring on September 15, 2027.
What type of equity awards did Fredrik Widman exercise at ISRG?
Fredrik Widman exercised non-statutory (non-qualified) stock options granted under Intuitive Surgical Inc.’s 2010 Incentive Award Plan, which vest in monthly installments as described in the award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
