ISRG EVP Loeb vests RSUs, withholds shares for tax
Intuitive Surgical executive Gary Loeb, EVP & Chief Legal and Compliance, reported routine equity activity.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 315 | $0.00 | $0.00 |
| Exercise | Common Stock | 315 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 172 | $492.84 | $85K |
Footnotes (2)
- F1. 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.
- F2. 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.
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