Intuitive Surgical (NASDAQ: ISRG) EVP Loeb vests RSUs, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Surgical executive Gary Loeb, EVP & Chief Legal and Compliance, reported routine equity activity. On February 10, 2026, 315 restricted stock units vested and were converted into common stock on a one-for-one basis. A portion of the newly issued shares was withheld at a price of $492.84 per share to satisfy statutory tax obligations. After these transactions, Loeb beneficially owned 3,704 shares of common stock directly and 314 restricted stock units that remain subject to future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
315 shares exercised/converted
Mixed
3 txns
Insider
LOEB GARY
Role
EVP & Chief Legal and Complian
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 315 | $0.00 | -- |
| Exercise | Common Stock | 315 | $0.00 | -- |
| Tax Withholding | Common Stock | 172 | $492.84 | $85K |
Holdings After Transaction:
Restricted Stock Units — 314 shares (Direct);
Common Stock — 3,876 shares (Direct)
Footnotes (1)
- RSUs vest 25% per year over a four year period, commencing on each anniversary of February 10, 2023. RSUs convert into common stock on the vest date on a one-for-one basis. 25% of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account. Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock upon vesting. 25% of the RSUs shall vest on each anniversary of February 10, 2023, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
FAQ
Who is the insider in this Intuitive Surgical (ISRG) Form 4 filing?
The insider is Gary Loeb, Executive Vice President and Chief Legal and Compliance Officer of Intuitive Surgical. He filed a Form 4 reporting routine equity compensation activity involving restricted stock units and common stock on February 10, 2026.
What equity transactions did Gary Loeb report for Intuitive Surgical (ISRG)?
Gary Loeb reported the vesting of 315 restricted stock units that converted into common stock and a related share withholding transaction coded “F” for taxes. These actions are part of his equity compensation arrangement with Intuitive Surgical.
What do the RSU vesting terms mean in the Intuitive Surgical (ISRG) filing?
The filing states the RSUs vest 25% per year over four years, starting on each anniversary of February 10, 2023. Each RSU converts into one share of Intuitive Surgical common stock upon vesting, subject to Gary Loeb’s continuous service.
What is transaction code M in the Intuitive Surgical (ISRG) Form 4?
Transaction code “M” indicates the exercise or conversion of a derivative security, here restricted stock units, into common stock. In this filing, 315 RSUs were converted into 315 shares of Intuitive Surgical common stock on February 10, 2026.