Intuitive Surgical (ISRG) director receives grant of 554 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GUTHART GARY S reported acquisition or exercise transactions in this Form 4 filing.
Intuitive Surgical Inc. director Gary S. Guthart received a grant of 554 restricted stock units tied to the company’s common stock. These RSUs were awarded at no cash cost per unit and represent a stock-based compensation award rather than an open-market purchase.
According to the terms, 100% of the RSUs will vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders, subject to his continued service. After this grant, the reported holding for this RSU award is 554 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GUTHART GARY S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 4-30-2026 | 554 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units - 4-30-2026 — 554 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 554 units
Grant price per unit: $0.0000
Underlying common shares: 554 shares
+1 more
4 metrics
RSUs granted
554 units
Restricted Stock Units - 4-30-2026 award
Grant price per unit
$0.0000
RSU grant to director Gary S. Guthart
Underlying common shares
554 shares
Common Stock underlying the RSU grant
Holdings after transaction
554 units
Total RSUs in this award following grant
Key Terms
Restricted Stock Units, Annual Meeting of Stockholders, Grant, award, or other acquisition, derivative securities
4 terms
Restricted Stock Units financial
"The director received a grant of 554 restricted stock units tied to the company’s 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.
Annual Meeting of Stockholders financial
"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."
Grant, award, or other acquisition financial
"The transaction is coded as a Grant, award, or other acquisition under transaction code A."
derivative securities financial
"These RSUs are reported as derivative securities that may convert into common stock upon vesting."
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What did Gary S. Guthart report in this Intuitive Surgical (ISRG) Form 4?
Gary S. Guthart reported receiving a grant of 554 restricted stock units tied to Intuitive Surgical common stock. The units were awarded as stock-based compensation, not through an open-market purchase, and are reported as directly owned derivative securities.
How many restricted stock units did the Intuitive Surgical (ISRG) director receive?
The director received 554 restricted stock units linked to Intuitive Surgical common stock. These units were granted at a price of $0.0000 per unit and represent equity compensation that may convert into an equal number of common shares upon vesting.
When do Gary S. Guthart’s Intuitive Surgical (ISRG) RSUs vest?
All 554 RSUs vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders. Vesting is conditioned on Gary S. Guthart’s continued service with Intuitive Surgical through the applicable vesting date.
Is the Intuitive Surgical (ISRG) Form 4 transaction a stock purchase or compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Gary S. Guthart acquired 554 restricted stock units as a grant at a $0.0000 price, classified as a “Grant, award, or other acquisition” under transaction code A.
How many Intuitive Surgical (ISRG) RSUs does Gary S. Guthart hold after this transaction?
After this transaction, the reported total for this specific RSU grant is 554 units. These RSUs are derivative securities that may settle in an equal number of Intuitive Surgical common shares when the vesting conditions are satisfied.