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Intuitive Surgical (ISRG) VP sells shares after RSU vesting

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Intuitive Surgical officer Fredrik Widman, VP Corporate Controller, reported several equity transactions around restricted stock unit (RSU) vesting. On February 10, 2026, 567 RSUs converted into an equal number of common shares at an exercise price of $0.0, increasing his directly held common stock to 1,095 shares.

Also on February 10, 302 common shares were disposed of at $492.84 per share to cover statutory tax withholding, leaving 793 common shares directly owned. After these transactions, Widman held 567 RSUs directly.

On February 11, 2026, Widman executed an open‑market sale of 133 common shares at $494.96 per share under a pre‑established Rule 10b5‑1 trading plan that expires on May 21, 2026, resulting in 660 common shares directly owned.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Widman Fredrik

(Last) (First) (Middle)
1020 KIFER ROAD

(Street)
SUNNYVALE CA 94086

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTUITIVE SURGICAL INC [ ISRG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP Corporate Controller
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/10/2026 M(1) 567 A $0.0 1,095 D
Common Stock 02/10/2026 F(1) 302 D $492.84 793 D
Common Stock 02/11/2026 S(2) 133 D $494.96 660 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0.0 02/10/2026 M 567 (3) (3) Common Stock 567 $0.0 567 D
Explanation of Responses:
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.
2. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 21, 2026.
3. 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.
By: Stephanie Lim-Ignacio For: Widman, Fredrik 02/11/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did ISRG VP Fredrik Widman report?

Fredrik Widman reported RSU vesting, tax withholding, and a share sale. 567 RSUs converted into common stock, 302 shares were withheld for taxes, and 133 shares were sold in the open market, all leaving him with 660 common shares and 567 RSUs directly held.

How many Intuitive Surgical (ISRG) shares does the VP hold after these transactions?

After the reported transactions, Widman directly owns 660 common shares. He also holds 567 restricted stock units, each representing a contingent right to receive one share of Intuitive Surgical common stock upon vesting, subject to his continued service with the company through each vesting date.

What is the vesting schedule for Fredrik Widman’s ISRG RSUs?

The RSUs vest 25% per year over four years. Vesting occurs on each anniversary of February 10, 2023. On each vesting date, the RSUs convert into common stock on a one-for-one basis, provided Widman continues serving Intuitive Surgical through each applicable vesting date.

At what prices were Fredrik Widman’s recent ISRG share transactions executed?

Two key prices were reported for Widman’s common stock transactions. 302 shares were disposed of at $492.84 per share to satisfy tax withholding obligations, and 133 shares were sold in an open-market transaction at $494.96 per share under a Rule 10b5-1 trading plan.

Was the ISRG insider share sale made under a Rule 10b5-1 plan?

Yes, the 133-share sale was executed under a Rule 10b5-1 trading plan. The footnotes state the transaction occurred pursuant to a pre-arranged plan that complies with SEC Rule 10b5-1, which is scheduled to expire on May 21, 2026.
Intuitive Surgical Inc

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Medical Instruments & Supplies
Orthopedic, Prosthetic & Surgical Appliances & Supplies
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United States
SUNNYVALE