Intuitive Surgical (NASDAQ: ISRG) director Guthart vests 2,633 RSUs with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Surgical director Gary S. Guthart reported the vesting and settlement of 2,633 restricted stock units (RSUs) into an equal number of common shares on February 10, 2026. The RSUs vest 25% per year over four years starting February 10, 2023.
To cover statutory tax withholding on this vesting, 1,306 common shares were withheld at a value of $492.84 per share, leaving 5,021 common shares held directly after the transactions. In addition, Guthart has indirect beneficial ownership of common stock through trusts for a daughter, a son, and another trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,633 shares exercised/converted
Mixed
6 txns
Insider
GUTHART GARY S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,633 | $0.00 | -- |
| Exercise | Common Stock | 2,633 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,306 | $492.84 | $644K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,633 shares (Direct);
Common Stock — 6,327 shares (Direct);
Common Stock — 15,720 shares (Indirect, Trust FBO Daughter)
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 director Gary S. Guthart report?
Gary S. Guthart reported RSU vesting and related share withholding. On February 10, 2026, 2,633 restricted stock units converted into common shares, and 1,306 shares were withheld to cover statutory tax obligations tied to this equity compensation event.
What are the vesting terms of Gary Guthart’s Intuitive Surgical RSUs?
The RSUs vest 25% annually over four years. Vesting occurs on each anniversary of February 10, 2023, with each restricted stock unit converting into one share of Intuitive Surgical common stock upon vesting, subject to Guthart’s continued service with the company.
Does Gary Guthart have indirect ownership of Intuitive Surgical stock?
Yes, Guthart reports indirect ownership through multiple trusts. The filing shows common stock held in trusts for a daughter, a son, and an additional trust, in addition to the 5,021 ISRG shares that he holds directly after the reported transactions.
What does transaction code “M” mean in Gary Guthart’s ISRG Form 4?
Transaction code “M” indicates a derivative-to-common stock conversion. In this case, it reflects 2,633 restricted stock units converting into the same number of Intuitive Surgical common shares as part of the scheduled vesting under Guthart’s equity compensation.