Intuitive Surgical director awarded 643 RSUs
INTUITIVE SURGICAL INC director Craig H. Barratt reported equity compensation activity involving common stock and restricted stock units.
Rhea-AI Filing Summary
INTUITIVE SURGICAL INC director Craig H. Barratt reported equity compensation activity involving common stock and restricted stock units. On April 30, 2026, a trust associated with him acquired 750 shares of common stock through the exercise of restricted stock units, bringing its indirect holdings to 27,948 shares.
The same day, Barratt received a new grant of 643 restricted stock units, each representing one share of common stock. According to the disclosure, 100% of these RSUs 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
750 shares exercised/converted
Exercise
3 txns
Insider
BARRATT CRAIG H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 750 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units - 4-30-2026 | 643 | $0.00 | $0.00 |
| Exercise | Common Stock | 750 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Restricted Stock Units - 4-30-2026 — 643 contracts (Direct);
Common Stock — 27,948 shares (Indirect, by Trust)
Footnotes (1)
- F1. 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.
Key Figures
RSU exercise into common stock: 750 shares
Indirect common stock holdings: 27,948 shares
New RSU grant: 643 RSUs
+3 more
6 metrics
RSU exercise into common stock
750 shares
Exercised April 30, 2026 into common stock via trust
Indirect common stock holdings
27,948 shares
Indirectly held by trust after 750-share exercise
New RSU grant
643 RSUs
Granted April 30, 2026, each for one common share
Vesting schedule for 643 RSUs
100% cliff vest
Earlier of one year from grant or next Annual Meeting, service-based
Exercised RSU award remaining balance
0 RSUs
Previously 750 RSUs fully exercised into common stock
Total acquisition transactions
3 transactions
All coded as acquisitions; includes RSU grant and exercises
Key Terms
Restricted Stock Units, derivative security, indirect ownership, Annual Meeting of Stockholders, +1 more
5 terms
Restricted Stock Units financial
"The same day, Barratt received a new grant of 643 restricted stock units"
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "by Trust""
Annual Meeting of Stockholders financial
"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
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ISRG director Craig H. Barratt report?
Craig H. Barratt reported equity compensation activity, including exercising 750 restricted stock units into common shares via a trust and receiving a grant of 643 new restricted stock units, each tied to one share of Intuitive Surgical common stock, on April 30, 2026.
What are the terms of the 643 RSUs granted to Craig H. Barratt by Intuitive Surgical (ISRG)?
Craig H. Barratt received 643 restricted stock units that each convert into one share of common stock. All 643 RSUs 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 to Intuitive Surgical.
How does this Form 4 affect Craig H. Barratt’s derivative positions in Intuitive Surgical?
The 750 restricted stock units that were exercised into common stock now show zero remaining units, indicating that specific RSU award has been fully converted. After these transactions, no remaining derivative positions are listed in the derivative summary section of the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
