Intuitive Surgical (NASDAQ: ISRG) exec’s plan sells 231 shares
Rhea-AI Filing Summary
INTUITIVE SURGICAL INC (ISRG) executive Mark Brosius, EVP & Chief Manufacturing and Supply Chain, reported three small open-market sales of common stock, each for 77 shares, on August 17, 18, and 19, 2026, at per-share prices of $390.67, $394.00, and $394.26, respectively. All transactions were executed under a Rule 10b5-1 trading plan that the company states complies with SEC requirements and expires on February 14, 2027.
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Insider Trade Summary 10b5-1
Net Seller: 231 shares
Net Sell
3 txns
Insider
Brosius Mark
Role
EVP & Chief Mfg and Supply Cha
Sold
231 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 77 | $394.26 | $30K |
| Sale | Common Stock F1 | 77 | $394.00 | $30K |
| Sale | Common Stock F1 | 77 | $390.67 | $30K |
Holdings After Transaction:
Common Stock — 1,035 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 February 14, 2027.
Key Figures
Shares sold August 17, 2026: 77 shares
Shares sold August 18, 2026: 77 shares
Shares sold August 19, 2026: 77 shares
+2 more
5 metrics
Shares sold August 17, 2026
77 shares
Open-market sale of ISRG common stock at $390.67 per share
Shares sold August 18, 2026
77 shares
Open-market sale of ISRG common stock at $394.00 per share
Shares sold August 19, 2026
77 shares
Open-market sale of ISRG common stock at $394.26 per share
Total shares sold in filing
231 shares
Sum of three reported open-market sales of ISRG common stock
Rule 10b5-1 plan expiration
February 14, 2027
Expiration date of the trading plan governing the reported sales
Key Terms
Rule 10b5-1, Trading Plan, open market
3 terms
Rule 10b5-1 regulatory
"a 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.
open market market
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What insider transactions were reported for ISRG by Mark Brosius on this Form 4?
The Form 4 reports that Mark Brosius sold 77 ISRG common shares on each of August 17, 18, and 19, 2026, in open-market transactions, as part of a pre-arranged Rule 10b5-1 trading plan expiring February 14, 2027.
Were the ISRG stock sales by Mark Brosius made under a Rule 10b5-1 plan?
Yes. The filing states that each transaction occurred under a Trading Plan that complies with SEC Rule 10b5-1, with the plan scheduled to expire on February 14, 2027, indicating the sales were pre-arranged rather than opportunistic.
What is Mark Brosius’s role at ISRG mentioned in this Form 4?
The Form 4 identifies Mark Brosius as an officer of INTUITIVE SURGICAL INC, serving as EVP & Chief Manufacturing and Supply Chain, and reports his transactions in ISRG common stock in that capacity as a company insider.
AI-generated analysis. How Rhea-AI works. Not financial advice.