STOCK TITAN

Director at Intuitive Surgical (NASDAQ: ISRG) granted 554 RSUs

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

Rhea-AI Filing Summary

INTUITIVE SURGICAL INC director Amy L. Ladd reported compensation-related equity activity involving company stock. On April 30, 2026, she exercised 531 Restricted Stock Units, which converted into 531 shares of Common Stock, leaving her with 651 Common shares held directly after the transaction.

On the same date, she also received a new grant of 554 Restricted Stock Units, each representing a right to receive one share of Common Stock. According to the filing, 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 her continued service.

Positive

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Insider Ladd Amy L
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 — 651 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs exercised 531 units Converted into 531 shares of Common Stock on April 30, 2026
Common shares after transaction 651 shares Direct holdings following RSU exercise on April 30, 2026
New RSU grant 554 units Restricted Stock Units granted on April 30, 2026
RSU vesting condition 100% vests at earlier of one year or next Annual Meeting New 554 RSUs, subject to continued service per footnote
Restricted Stock Units financial
"She exercised 531 Restricted Stock Units, which converted into 531 shares"
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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*
Ladd Amy L

(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$0.0651D
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: Ladd, Amy L04/30/2026
** 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 Amy L. Ladd report?

Amy L. Ladd reported routine equity compensation activity. She exercised 531 Restricted Stock Units into 531 Common shares and received a new grant of 554 RSUs, all held or awarded as part of her director compensation package.

How many Intuitive Surgical (ISRG) shares does Amy L. Ladd hold after this Form 4?

After these transactions, Amy L. Ladd directly holds 651 Common shares. These shares result from the vesting and settlement of 531 RSUs, combined with her prior holdings, as disclosed in the Form 4 filing.

What Restricted Stock Units were granted to ISRG director Amy L. Ladd?

She was granted 554 new Restricted Stock Units on April 30, 2026. Each RSU represents a right to receive one share of Intuitive Surgical Common Stock, subject to vesting conditions tied to time and continued service.

When do Amy L. Ladd’s newly granted ISRG RSUs vest?

All 554 newly granted RSUs vest in a single tranche. Vesting occurs on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders, provided she continues to serve through that date.

Were any Intuitive Surgical (ISRG) shares sold in this Form 4 filing?

No sales were reported in this Form 4. The transactions reflect an exercise of 531 RSUs into Common Stock and a new grant of 554 RSUs, both categorized as acquisitions rather than dispositions.