STOCK TITAN

Director at Intuitive Surgical (ISRG) exercises 531 RSUs into stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Intuitive Surgical director Amal M. Johnson exercised 531 Restricted Stock Units into 531 shares of Common Stock. The RSUs vested based on service, with 100% vesting on the earlier of one year from grant or the next Annual Meeting of Stockholders. After this conversion, Johnson directly holds 13,545 shares of Common Stock, and the reported RSU award has been fully converted with no remaining balance shown.

Positive

  • None.

Negative

  • None.
Insider Johnson Amal M
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 531 $0.00 --
Exercise Common Stock 531 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 13,545 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs exercised 531 shares Restricted Stock Units converted into Common Stock on April 30, 2026
Shares received 531 shares Common Stock acquired from RSU conversion, transaction code M
Post-transaction holdings 13,545 shares Total Common Stock directly held by Amal M. Johnson after the exercise
Exercise price $0.00 per share Stated transaction price for RSU conversion into Common Stock
RSU vesting condition 100% vests earlier of 1 year or next meeting Vesting tied to one-year anniversary of grant or next Annual Meeting of Stockholders
Restricted Stock Units financial
"The Form 4 shows a derivative transaction involving 531 Restricted Stock Units converting into 531 shares of Intuitive Surgical Common Stock."
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.
Common Stock financial
"Following the reported RSU conversion, Amal M. Johnson directly holds 13,545 shares of Intuitive Surgical Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
derivative exercise/conversion financial
"This was a derivative exercise transaction, not an open-market purchase or sale, and reflects equity compensation converting into directly held shares."
Annual Meeting of Stockholders financial
"100% of the Restricted Stock Units vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders."
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
X
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*
Johnson Amal M

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
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 Stock04/30/2026M531A$0.013,545D
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$0.004/30/2026M531 (1) (1)Common Stock531$0.00D
Explanation of Responses:
1. 100% of the RSUs shall vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service.
By: Stephanie Lim-Ignacio For: Johnson, Amal M.04/30/2026
** 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)

FAQ

What insider transaction did Intuitive Surgical (ISRG) director Amal M. Johnson report?

Amal M. Johnson reported exercising 531 Restricted Stock Units into 531 shares of Intuitive Surgical Common Stock. This was a derivative exercise transaction, not an open-market purchase or sale, and reflects equity compensation converting into directly held shares.

How many Intuitive Surgical (ISRG) shares does Amal M. Johnson hold after this Form 4?

Following the reported RSU conversion, Amal M. Johnson directly holds 13,545 shares of Intuitive Surgical Common Stock. This figure includes the 531 shares received from exercising the Restricted Stock Units reported in this filing on the same transaction date.

What type of securities were involved in the Intuitive Surgical (ISRG) Form 4 filing?

The Form 4 shows a derivative transaction involving 531 Restricted Stock Units converting into 531 shares of Intuitive Surgical Common Stock. The RSUs are equity awards that vest over time and then settle into underlying shares once the vesting conditions are met.

Was the Intuitive Surgical (ISRG) insider transaction a market buy or sell?

The transaction was not a market buy or sell. It was coded as an “M” transaction, meaning a derivative exercise or conversion, where 531 Restricted Stock Units were converted into 531 shares of Common Stock at a stated price of $0.00 per share.

What does the vesting footnote in the Intuitive Surgical (ISRG) Form 4 explain?

The footnote explains that 100% of the Restricted Stock Units vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders, as long as the reporting person continues in service through that vesting date.