Intuitive Surgical (NASDAQ: ISRG) EVP sells under 10b5-1 plan
Rhea-AI Filing Summary
INTUITIVE SURGICAL INC (ISRG) reported that executive vice president and Chief Manufacturing and Supply Chain officer Mark Brosius sold a total of 154 shares of common stock in two open-market transactions on August 20 and 21, 2026, at prices of $396.37 and $375.57 per share. Both sales were made pursuant to a pre-arranged Trading Plan that complies with SEC Rule 10b5-1 and is disclosed as expiring on February 14, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 154 shares
Net Sell
2 txns
Insider
Brosius Mark
Role
EVP & Chief Mfg and Supply Cha
Sold
154 shs ($59K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 77 | $375.57 | $29K |
| Sale | Common Stock F1 | 77 | $396.37 | $31K |
Holdings After Transaction:
Common Stock — 881 shares (Direct)
Footnotes (1)
- F1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on February 14, 2027.
Key Figures
Shares sold (total): 154 shares of Common Stock
Shares sold on 2026-08-20: 77 shares at $396.37 per share
Shares sold on 2026-08-21: 77 shares at $375.57 per share
+2 more
5 metrics
Shares sold (total)
154 shares of Common Stock
Aggregate across two reported sales by Mark Brosius
Shares sold on 2026-08-20
77 shares at $396.37 per share
Open-market or private sale of ISRG Common Stock
Shares sold on 2026-08-21
77 shares at $375.57 per share
Open-market or private sale of ISRG Common Stock
Rule 10b5-1 Trading Plan expiration
February 14, 2027
Plan governing the reported sales
Number of sale transactions
2 transactions
Non-derivative Common Stock sales reported in this Form 4
Key Terms
Rule 10b5-1, Trading Plan, open market or private transaction
3 terms
Rule 10b5-1 regulatory
"Trading Plan that complies with SEC Rule 10b5-1 and expires on February 14, 2027"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Trading Plan regulatory
"The transaction took place in accordance with a Trading Plan that complies"
A trading plan is a written set of rules an investor follows about what to buy or sell, when to enter and exit positions, and how much risk to accept—like a travel itinerary that maps the route, stops, and budget before a trip. It matters because it helps remove emotional decisions during market swings, enforces discipline, and makes performance easier to review and improve, reducing the chance of costly impulsive moves.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transactions did ISRG report in this Form 4?
The filing reports that Mark Brosius, an executive vice president of INTUITIVE SURGICAL INC (ISRG), sold 154 shares of common stock in two open-market transactions on August 20 and 21, 2026.
Were the ISRG insider sales by Mark Brosius under a Rule 10b5-1 plan?
Yes. The filing states each transaction "took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1" and that this plan expires on February 14, 2027.
What type of transactions were reported in this ISRG Form 4?
Both transactions are classified with code S, described as a sale in open market or private transaction, involving ISRG Common Stock held directly by the reporting person.
Does the Form 4 show any ISRG derivative securities for Mark Brosius?
No. The Form 4 transaction data describe only non-derivative Common Stock sales, and the derivative securities summary section is empty in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.