STOCK TITAN

Intuitive Surgical (ISRG) EVP Gary Loeb sells 400 shares under 10b5-1 plan

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Intuitive Surgical Inc. executive Gary Loeb, EVP & Chief Legal and Compliance Officer, reported selling 400 shares of common stock on August 10, 2026 at $379.00 per share. Following this sale, he directly holds 5,320 shares. The sale was executed under a Rule 10b5-1 Trading Plan that expires on January 29, 2027.

Positive

  • None.

Negative

  • None.
Insider LOEB GARY
Role EVP & Chief Legal and Complian
Sold 400 shs ($152K)
Type Security Shares Price Value
Sale Common Stock F1 400 $379.00 $152K
Holdings After Transaction: Common Stock — 5,320 shares (Direct)
Footnotes (1)
  1. F1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on January 29, 2027.
Shares sold 400 shares Common stock sale on August 10, 2026
Sale price per share $379.00 per share Price for the 400 common shares sold
Shares owned after transaction 5,320 shares Direct holdings following the August 10, 2026 sale
10b5-1 plan expiry January 29, 2027 Expiration date of the Trading Plan governing the sale
Rule 10b5-1 regulatory
"Trading Plan that complies with SEC Rule 10b5-1 and expires"
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.
Trading Plan regulatory
"The transaction took place in accordance with a Trading Plan"
A trading plan is a written set of rules an investor follows about what to buy or sell, when to enter and exit positions, and how much risk to accept—like a travel itinerary that maps the route, stops, and budget before a trip. It matters because it helps remove emotional decisions during market swings, enforces discipline, and makes performance easier to review and improve, reducing the chance of costly impulsive moves.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"insider transaction reported on this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did ISRG executive Gary Loeb report on this Form 4?

Gary Loeb reported a sale of 400 shares of Intuitive Surgical common stock. The sale occurred on August 10, 2026 at a price of $379.00 per share, according to the Form 4 filing.

How many ISRG shares does Gary Loeb hold after the reported sale?

After the reported transaction, Gary Loeb directly holds 5,320 shares of Intuitive Surgical common stock. This post-transaction holding is disclosed in the Form 4 as the total shares following the sale.

Was Gary Loeb’s ISRG stock sale under a Rule 10b5-1 trading plan?

Yes. The Form 4 footnote states the sale took place under a Trading Plan that complies with SEC Rule 10b5-1, which is disclosed as expiring on January 29, 2027.

What was the price per share for Gary Loeb’s ISRG stock sale?

The reported sale price was $379.00 per share of Intuitive Surgical common stock. This per-share price is listed for the 400 shares sold on August 10, 2026 in the Form 4.

What role does Gary Loeb hold at Intuitive Surgical (ISRG)?

Gary Loeb is reported as EVP & Chief Legal and Compliance Officer of Intuitive Surgical Inc. This officer title appears in the Form 4 reporting the August 10, 2026 stock sale.
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).
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*
LOEB GARY

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Legal and Complian
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
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 Stock08/10/2026S(1)400D$3795,320D
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
Explanation of Responses:
1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on January 29, 2027.
By: Stephanie Lim-Ignacio For: Loeb, Gary Howard08/10/2026
** 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)