Intuitive Surgical (NASDAQ: ISRG) EVP nets 4,853-share insider sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Surgical EVP & Chief Medical Officer Myriam Curet reported net insider sales of common stock through a trust. A trust associated with her sold 4,728 shares on March 3, 2026 at an average price of $487.18 per share, leaving 409 indirectly owned shares.
On March 2, 2026, a non-qualified stock option for 125 shares was exercised and converted into common stock at an exercise price of $208.90 per share, and those 125 shares were then sold the same day at $492.59 per share. The option position now shows zero shares remaining. The transactions were carried out under a Trading Plan that complies with SEC Rule 10b5-1 and expires on July 29, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,853 shares ($2,364,961)
Net Sell
4 txns
Insider
Curet Myriam
Role
EVP & Chief Medical Officer
Sold
4,853 shs ($2.36M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,728 | $487.18 | $2.30M |
| Exercise | Non-Qualified Stock Option (right to buy) | 125 | $0.00 | -- |
| Exercise | Common Stock | 125 | $208.90 | $26K |
| Sale | Common Stock | 125 | $492.59 | $62K |
Holdings After Transaction:
Common Stock — 409 shares (Indirect, by Trust);
Non-Qualified Stock Option (right to buy) — 0 shares (Direct)
Footnotes (1)
- The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on July 29, 2026. 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.
FAQ
What insider transactions did Intuitive Surgical (ISRG) report for Myriam Curet?
Myriam Curet reported a combination of stock option exercise and share sales. A trust associated with her sold 4,853 Intuitive Surgical common shares in total, including 4,728 shares on March 3, 2026 and 125 shares on March 2, 2026, following an option exercise.
Were the Intuitive Surgical (ISRG) insider sales made under a 10b5-1 plan?
Yes, the insider sales were executed under a Rule 10b5-1 trading plan. The filing states the transactions took place according to a Trading Plan that complies with SEC Rule 10b5-1 and that this plan is scheduled to expire on July 29, 2026.
What stock option activity did Myriam Curet report at Intuitive Surgical (ISRG)?
She reported exercising a non-qualified stock option for 125 shares. The option, granted under the 2010 Incentive Award Plan, was exercised at an exercise price of $208.90 per share on March 2, 2026, converting into common stock that was then sold the same day.
What is the role of the trust in these Intuitive Surgical (ISRG) insider transactions?
The common stock transactions are reported as indirect holdings through a trust. The Form 4 identifies ownership of the sold and remaining common shares as “by Trust,” indicating the shares are held indirectly rather than as directly owned stock by the executive.