Intuitive Surgical (ISRG) EVP Gary Loeb sells 400 shares under 10b5-1 plan
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 Trade Summary 10b5-1
Net Seller: 400 shares
Net Sell
1 txn
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)
- F1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on January 29, 2027.
Key Figures
Shares sold: 400 shares
Sale price per share: $379.00 per share
Shares owned after transaction: 5,320 shares
+1 more
4 metrics
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
Key Terms
Rule 10b5-1, Trading Plan, Common Stock, Form 4
4 terms
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.
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.
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 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.