Intuitive Surgical: Barratt sells 1,150 shares

The reported post-exercise position included 3,485 options and 27,948 shares held indirectly by a trust.

Rhea-AI Filing Summary

Craig H. Barratt, an Intuitive Surgical director, exercised 1,150 non-qualified stock options at $90.4944 per share on October 23, 2026, acquiring 1,150 common shares, and sold 1,150 common shares at $443.80 per share that day. The transactions were under a Rule 10b5-1 trading plan expiring March 15, 2027. Afterward, 3,485 options remained; a separate holding entry lists 27,948 shares held indirectly by a trust.

Insider Trade Summary 10b5-1

Exercise and Sale: 1,150 shares ($406K approx. pre-tax spread)

Exercise and Sale 4 txns

Insider BARRATT CRAIG H

Role Director

Sold 1,150 shs ($510K)

Approx. gross sale proceeds $510K

Approx. exercise cost $104K

Approx. pre-tax spread $406K

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (right to buy) F2	1,150	$0.00	$0.00
Exercise	Common Stock F1	1,150	$90.4944	$104K
Sale	Common Stock F1	1,150	$443.80	$510K
holding	Common Stock	--	--	--

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 3,485 contracts (Direct); Common Stock — 0 shares (Direct); Common Stock — 27,948 shares (Indirect, by Trust)

Footnotes (2)

1. F1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on March 15, 2027.
2. F2. Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company.

Key Figures

Options exercised: 1,150 options Exercise price: $90.4944 per share Common shares sold: 1,150 shares +3 more

6 metrics

Options exercised 1,150 options October 23, 2026

Exercise price $90.4944 per share October 23, 2026

Common shares sold 1,150 shares October 23, 2026

Sale price $443.80 per share October 23, 2026

Options following exercise 3,485 options Reported after the October 23, 2026 transaction

Shares held indirectly by a trust 27,948 shares Holding reported with the October 23, 2026 transactions

Key Terms

Rule 10b5-1, Non-statutory stock option, vesting

3 terms

Rule 10b5-1 regulatory

"Trading Plan that complies with SEC Rule 10b5-1"

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.

Non-statutory stock option financial

"Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan"

A non-statutory stock option is a company-granted right that lets a person buy shares later at a set price but does not receive special tax-favored treatment under tax law. It matters to investors because when the option is used the holder usually pays ordinary income tax on the gain and the company records compensation cost and issues new shares, which can reduce existing owners’ percentage ownership—think of it like a coupon to buy stock that creates a taxable event and some dilution.

vesting financial

"Option shall vest 100% one year after the date of grant"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

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

How many ISRG shares did Craig H. Barratt sell?

Craig H. Barratt, an Intuitive Surgical director, sold 1,150 common shares at $443.80 per share on October 23, 2026, under a Rule 10b5-1 trading plan expiring March 15, 2027.

How many ISRG shares did Craig H. Barratt acquire through options?

Craig H. Barratt exercised options to acquire 1,150 common shares at $90.4944 per share on October 23, 2026. After the exercise, he reported 3,485 non-qualified stock options.

When do Craig H. Barratt's non-employee director stock options vest?

The options vest 100% one year after the grant date or at the next shareholders meeting, whichever occurs first. Vesting ceases if the director's service to the company terminates.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/26/2026 - 03:21 PM EDT Accepted by SEC EDGAR 10/26/2026 - 03:20 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

X

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^*

BARRATT CRAIG H

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/23/2026		M(1)		1,150	A	$90.4944	1,150	D
Common Stock	10/23/2026		S(1)		1,150	D	$443.8	0	D
Common Stock								27,948	I	by Trust

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	$90.4944	10/23/2026		M			1,150	(2)	04/20/2027	Common Stock	1,150	$0.0	3,485	D

Explanation of Responses:

1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on March 15, 2027.

2. Non-statutory stock option granted pursuant to the Non-Employee Directors' Stock Option Plan. Option shall vest 100% one year after the date of grant or at the next Shareholders Meeting, whichever should take place first, provided that vesting will cease on termination of the Directors service to the Company.

	By: Stephanie Lim-Ignacio For: Barratt, Craig H.	10/26/2026
	** Signature of Reporting Person	Date
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)