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Intuitive Surgical's Wadors converts 2,140 stock units

The reported transaction includes 1,062 shares withheld for tax obligations and a post-transaction balance of 4,279 restricted stock units.

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Sentiment and the balance of points

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Form Type
4

Rhea-AI Filing Summary

Patricia L. Wadors, Intuitive Surgical’s SVP and Chief Human Resources Officer, had 2,140 restricted stock units convert into 2,140 common shares on October 10, 2026. Of those shares, 1,062 were withheld to cover tax-withholding obligations at $423.96 per share; net shares were deposited into the holder’s account. Her reported post-transaction RSU balance was 4,279.

Insider WADORS PATRICIA L
Role SVP Chief Human Resources Offi
Type Security Shares Price Value
Exercise Restricted Stock Units - 10-10-2024 F2 2,140 $0.00 $0.00
Exercise Common Stock F1 2,140 $0.00 $0.00
Tax Withholding Common Stock F1 1,062 $423.96 $450K
Holdings After Transaction: Restricted Stock Units - 10-10-2024 — 4,279 contracts (Direct); Common Stock — 1,078 shares (Direct)
Footnotes (2)
  1. F1. RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. 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 tax withholding obligations. The net shares were deposited into the holders account.
  2. F2. Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.
Restricted stock units converted 2,140 RSUs October 10, 2026
Common shares acquired on conversion 2,140 shares October 10, 2026
Shares withheld for tax obligations 1,062 shares October 10, 2026
Price per share for shares withheld $423.96 per share October 10, 2026
RSUs following transaction 4,279 RSUs Post-transaction balance
Restricted Stock Units technical
"Restricted Stock Units - 10-10-2024"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right technical
"represents a contingent right to receive one share"
vests financial
"grant vests 25% on the first anniversary"
tax withholding obligations financial
"held back to cover the tax withholding obligations"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How do Patricia L. Wadors’s Intuitive Surgical (ISRG) RSUs vest?

Each RSU represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the grant date and annually thereafter over a four-year period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
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*
WADORS PATRICIA L

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

(Street)
SUNNYVALE CALIFORNIA 94086

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INTUITIVE SURGICAL INC [ ISRG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP Chief Human Resources Offi
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock10/10/2026M(1)2,140A$0.02,140D
Common Stock10/10/2026F(1)1,062D$423.961,078D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units - 10-10-2024$0.010/10/2026M2,140 (2) (2)Common Stock2,140$0.04,279D
Explanation of Responses:
1. RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. 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 tax withholding obligations. The net shares were deposited into the holders account.
2. Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.
By: Stephanie Lim-Ignacio For: Wadors, Patricia10/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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