Intuitive Surgical (ISRG) CEO David Rosa earns new performance stock units
Rhea-AI Filing Summary
Intuitive Surgical’s Chief Executive Officer and director David J. Rosa reported grants of performance stock units that have now been earned based on previously set goals. On January 28, 2026, he acquired 6,360 PSUs from a February 26, 2024 grant, 9,575 PSUs from a February 28, 2023 grant, and 6,034 PSUs from a June 12, 2023 grant.
The compensation committee confirmed that the performance criteria for each grant were achieved. These PSUs convert into common stock if Rosa remains in continuous service through the vesting dates: February 26, 2027 for the 2024 grant and February 28, 2026 for the 2023 and June 2023 grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units - 2-26-2024 | 6,360 | $0.00 | -- |
| Grant/Award | Performance Stock Units - 2-28-2023 | 9,575 | $0.00 | -- |
| Grant/Award | Performance Stock Units - 6-12-2023 | 6,034 | $0.00 | -- |
Footnotes (1)
- Represents performance stock units ("PSUs") initially granted to the Reporting Person on February 26, 2024 subject to achievement of certain performance metrics. The performance criteria for the PSUs reported herein have been achieved, as determined by the Compensation Committee of the Issuer. The PSUs reported herein vest on February 26, 2027, the third anniversary of the grant date, subject to Reporting Person's continuous service to the Issuer through each such vesting date. Represents performance stock units ("PSUs") initially granted to the Reporting Person on February 28, 2023 subject to achievement of certain performance metrics. The performance criteria for the PSUs reported herein have been achieved, as determined by the Compensation Committee of the Issuer. The PSUs reported herein vest on February 28, 2026, the third anniversary of the grant date, subject to Reporting Person's continuous service to the Issuer through each such vesting date. Represents performance stock units ("PSUs") initially granted to the Reporting Person on June 12, 2023 subject to achievement of certain performance metrics. The performance criteria for the PSUs reported herein have been achieved, as determined by the Compensation Committee of the Issuer. The PSUs reported herein vest on February 28. 2026, the third anniversary of the grant date, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
FAQ
What insider transaction did ISRG CEO David J. Rosa report on this Form 4?
How many Intuitive Surgical (ISRG) performance stock units did the CEO acquire?
When do the newly earned ISRG performance stock units vest for the CEO?
What conditions apply to David J. Rosa’s ISRG performance stock units?
Are the reported ISRG performance stock units held directly or indirectly by the CEO?
Do the ISRG performance stock units convert into common stock for the CEO?