Jamie Samath - 02 May 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Role
Title: EVP & CFO & Enterprise Technology Leader
Signature
By: Stephanie Lim-Ignacio For: Samath, Jamie
Issuer symbol
ISRG
Transactions as of
02 May 2025
Net transactions value
-$245,252
Form type
4
Filing time
05 May 2025, 16:43:58 UTC
Previous filing
02 May 2025
Next filing
07 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Samath Jamie Title: EVP & CFO & Enterprise Technology Leader 1020 KIFER ROAD, SUNNYVALE By: Stephanie Lim-Ignacio For: Samath, Jamie 05 May 2025 0001330269

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISRG Common Stock Options Exercise $39,273 +188 +2.6% $208.90 7,350 02 May 2025 Direct F1
transaction ISRG Common Stock Options Exercise $61,706 +269 +3.7% $229.39 7,619 02 May 2025 Direct F1
transaction ISRG Common Stock Options Exercise $54,582 +188 +2.5% $290.33 7,807 02 May 2025 Direct F1
transaction ISRG Common Stock Options Exercise $82,261 +270 +3.5% $304.67 8,077 02 May 2025 Direct F1
transaction ISRG Common Stock Sale $483,074 -915 -11% $527.95 7,162 02 May 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -17% $0.000000 940 02 May 2025 Common Stock 188 $208.90 Direct F1, F2
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -269 -8.3% $0.000000 2,963 02 May 2025 Common Stock 269 $229.39 Direct F1, F3
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -188 -17% $0.000000 940 02 May 2025 Common Stock 188 $290.33 Direct F1, F4
transaction ISRG Non-Qualified Stock Option (right to buy) Options Exercise $0 -270 -8.4% $0.000000 2,962 02 May 2025 Common Stock 270 $304.67 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on May 6, 2025.
F2 The option vests 7/48th one month after the date of grant and 1/48th monthly thereafter.
F3 12.5% of the shares subject to the option vest on the six-month anniversary measured from February 10, 2023, and 1/48th of the total number of shares vest in forty-two (42) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
F4 The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
F5 7/48th of the shares subject to the option vest on the one-month anniversary measured from August 10, 2023, and 1/48th of the total number of shares vest in forty-one (41) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.

Remarks:

Title: EVP & CFO & Enterprise Technology Leader