Intuitive Surgical officer exercises options, reports $550 share sales
Rhea-AI Filing Summary
Intuitive Surgical (ISRG) reported an insider transaction by its VP Corporate Controller. On 11/05/2025, the officer exercised non-qualified stock options for 1,908 shares at $76.9989 and 159 shares at $59.4622, then sold the same amounts at $550 per share pursuant to a Rule 10b5-1 trading plan. Following these transactions, direct beneficial ownership stood at 473 common shares. The options exercised were granted under the 2010 Incentive Award Plan, with vesting schedules as disclosed.
Positive
- None.
Negative
- None.
Insights
Routine Form 4: option exercises and sales under 10b5-1.
The ISRG officer exercised non-qualified stock options at strike prices of $76.9989 and $59.4622 on 11/05/2025, and sold the resulting shares at $550 per share under a disclosed Rule 10b5-1 plan. Such paired exercise-and-sale activity is common to cover taxes or diversify holdings.
After these transactions, direct beneficial ownership is 473 common shares. The derivative positions tied to these specific options show zero remaining following the exercises. This is administrative in nature; actual impact depends on insider allocation choices and does not alter company fundamentals.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 159 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 1,908 | $0.00 | -- |
| Exercise | Common Stock | 1,908 | $76.9989 | $147K |
| Sale | Common Stock | 1,908 | $550.00 | $1.05M |
| Exercise | Common Stock | 159 | $59.4622 | $9K |
| Sale | Common Stock | 159 | $550.00 | $87K |
Footnotes (1)
- The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 21, 2026. Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter. Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48 one month after the date of grant and 1/48 each month thereafter.