STOCK TITAN

Director at Intuitive Surgical (NASDAQ: ISRG) gains new stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

INTUITIVE SURGICAL INC director Joseph C. Beery reported routine equity compensation activity. On April 30, 2026, he exercised 531 shares of Restricted Stock Units into Common Stock, bringing his direct Common Stock holdings to 3,641 shares after the transactions.

On the same date, he received a new grant of 554 Restricted Stock Units. According to the footnote, 100% of these RSUs will vest on the earlier of one year from the grant date or the next Annual Meeting of Stockholders, subject to his continued service. The filing shows only acquisitions and no open‑market buying or selling.

Positive

  • None.

Negative

  • None.
Insider Beery Joseph C
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 531 $0.00 --
Grant/Award Restricted Stock Units - 4-30-2026 554 $0.00 --
Exercise Common Stock 531 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Restricted Stock Units - 4-30-2026 — 554 shares (Direct, null); Common Stock — 3,641 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs exercised into common stock 531 shares Exercise of Restricted Stock Units on April 30, 2026
New RSU grant 554 units Restricted Stock Units granted on April 30, 2026
Common shares held after transactions 3,641 shares Direct Common Stock holdings after April 30, 2026 activity
RSU award vesting condition 100% vests at earlier of 1 year or next annual meeting Applies to 554 RSUs granted April 30, 2026
Derivative exercises in this filing 1 exercise, 531 shares Exercise or conversion of derivative security reported in transactionSummary
Restricted Stock Units financial
"The 554 Restricted Stock Units will fully vest on the earlier of the one-year anniversary"
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.
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"
SEC Form 4
FORM 4UNITED 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).
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*
Beery Joseph C

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026M531A$0.03,641D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0.004/30/2026M531 (1) (1)Common Stock531$0.00D
Restricted Stock Units - 4-30-2026$0.004/30/2026A554 (1) (1)Common Stock554$0.0554D
Explanation of Responses:
1. 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.
By: Stephanie Lim-Ignacio For: Beery, Joseph C04/30/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did ISRG director Joseph C. Beery report?

Joseph C. Beery reported exercising 531 Restricted Stock Units into Common Stock and receiving a new grant of 554 Restricted Stock Units, all on April 30, 2026, as part of his equity compensation.

How many ISRG common shares does Joseph C. Beery hold after this Form 4?

After the reported transactions, Joseph C. Beery directly holds 3,641 shares of Intuitive Surgical common stock. This total reflects the 531 shares acquired through the RSU conversion reported in the Form 4 filing.

What equity award did ISRG grant Joseph C. Beery on April 30, 2026?

Intuitive Surgical granted Joseph C. Beery 554 Restricted Stock Units on April 30, 2026. These RSUs represent a right to receive 554 shares of common stock upon vesting, subject to the vesting conditions described in the filing.

When will Joseph C. Beery’s new ISRG RSUs vest?

The 554 Restricted Stock Units will fully vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders, provided Joseph C. Beery continues to serve through that time.

Does this ISRG Form 4 show any open-market stock sales or purchases?

The Form 4 shows only equity compensation-related acquisitions: an RSU exercise into 531 common shares and a grant of 554 new RSUs. It does not report any open-market purchases or sales of Intuitive Surgical stock.