Director Amy L. Ladd sells 619 Intuitive Surgical (ISRG) shares

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

INTUITIVE SURGICAL INC director Amy L. Ladd reported open-market sales of company Common Stock over two days. She sold 500 shares at $473.46 per share on April 28, 2026, and 119 shares at $463.50 per share on April 29, 2026. After these transactions, she directly holds 120 shares. The filing notes that the activity occurred under a Trading Plan that complies with SEC Rule 10b5-1 and runs through January 29, 2027, indicating the sales were pre-scheduled rather than discretionary.

Insider Trade Summary 10b5-1

Net Seller: 619 shares ($291,887)

Net Sell 2 txns

Insider Ladd Amy L

Role null

Sold 619 shs ($292K)

Type	Security	Shares	Price	Value
Sale	Common Stock	119	$463.50	$55K
Sale	Common Stock	500	$473.46	$237K

Holdings After Transaction: Common Stock — 120 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold 2026-04-28: 500 shares at $473.46 Shares sold 2026-04-29: 119 shares at $463.50 Total shares sold: 619 shares +2 more

5 metrics

Shares sold 2026-04-28 500 shares at $473.46 Open-market sale of Common Stock on April 28, 2026

Shares sold 2026-04-29 119 shares at $463.50 Open-market sale of Common Stock on April 29, 2026

Total shares sold 619 shares Aggregate net shares sold across reported transactions

Shares held after transactions 120 shares Direct Common Stock ownership following April 2026 sales

10b5-1 plan expiry January 29, 2027 End date of Rule 10b5-1 Trading Plan governing these sales

Key Terms

Rule 10b5-1, open-market sale, Common Stock, Form 4

4 terms

Rule 10b5-1 regulatory

"The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

open-market sale financial

"transaction_action: open-market sale; transaction_code_description: Sale in open market"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/29/2026 - 05:38 PM

SEC Form 4

FORM 4

UNITED 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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/28/2026		S⁽¹⁾		500	D	$473.46	239	D
Common Stock	04/29/2026		S⁽¹⁾		119	D	$463.5	120	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on January 29, 2027.

	By: Stephanie Lim-Ignacio For: Ladd, Amy L	04/29/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did ISRG director Amy L. Ladd report?

Amy L. Ladd reported selling a total of 619 shares of Intuitive Surgical common stock in open-market trades, split between 500 shares on April 28, 2026, and 119 shares on April 29, 2026, as disclosed in the Form 4 filing.

At what prices did Amy L. Ladd sell ISRG shares?

She sold 500 Intuitive Surgical shares at $473.46 per share on April 28, 2026, and 119 shares at $463.50 per share on April 29, 2026. These transactions were reported as open-market sales in the Form 4.

How many ISRG shares does Amy L. Ladd hold after these sales?

Following the reported open-market sales, Amy L. Ladd directly holds 120 shares of Intuitive Surgical common stock. The Form 4 indicates this post-transaction balance, and no derivative securities are listed as remaining positions in the filing.

Were Amy L. Ladd’s ISRG stock sales under a Rule 10b5-1 plan?

Yes. A footnote explains that the transactions took place under a Trading Plan that complies with SEC Rule 10b5-1 and expires on January 29, 2027. Such plans are pre-arranged and are designed to execute trades on a scheduled basis.

What is the total number of ISRG shares Amy L. Ladd sold in this Form 4?

The Form 4 reports that Amy L. Ladd sold an aggregate of 619 shares of Intuitive Surgical common stock across two open-market transactions, according to the transaction summary, resulting in a net sell position for this filing.