Intuitive Surgical (ISRG) CFO converts RSUs and withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Surgical EVP & CFO Jamie Samath reported routine equity compensation activity. On February 10, 2026, 1,077 restricted stock units (RSUs) converted into 1,077 shares of common stock at an exercise price of $0.0, increasing his directly held shares to 8,295 before tax withholding.
On the same date, 496 common shares were withheld at $492.84 per share to cover statutory taxes, leaving 7,799 common shares owned directly afterward. The RSUs vest 25% per year over four years starting on each anniversary of February 10, 2023, with each RSU delivering one share of common stock when it vests, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,077 shares exercised/converted
Mixed
3 txns
Insider
Samath Jamie
Role
EVP & CFO & Enterprise Technol
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,077 | $0.00 | -- |
| Exercise | Common Stock | 1,077 | $0.00 | -- |
| Tax Withholding | Common Stock | 496 | $492.84 | $244K |
Holdings After Transaction:
Restricted Stock Units — 1,077 shares (Direct);
Common Stock — 8,295 shares (Direct)
Footnotes (1)
- RSUs vest 25% per year over a four year period, commencing on each anniversary of February 10, 2023. RSUs convert into common stock on the vest date on a one-for-one basis. 25% of the shares have been released and a portion of the shares were held back to cover the statutory tax withholding requirements. The net shares were deposited into the holders account. Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock upon vesting. 25% of the RSUs shall vest on each anniversary of February 10, 2023, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
FAQ
What insider transaction did ISRG EVP & CFO Jamie Samath report?
Jamie Samath reported vesting of 1,077 restricted stock units that converted into 1,077 common shares at $0.0 per share. He then used 496 of those shares, valued at $492.84 each, to satisfy statutory tax withholding, leaving 7,799 shares directly owned.
What does transaction code M mean in Jamie Samath’s ISRG Form 4 filing?
Transaction code M in the filing indicates the exercise or conversion of derivative securities, here restricted stock units, into common stock. In this case, 1,077 RSUs converted into 1,077 shares of Intuitive Surgical common stock at an exercise price of $0.0 per share.