Brian Edward Miller - 27 Feb 2025 Form 4 Insider Report for INTUITIVE SURGICAL INC (ISRG)

Reporting relationship: EVP & Chief Digital Officer
Issuer ticker: ISRG
Reported as of: 27 Feb 2025
Net transaction value: -$1,893,140
SEC form: 4
Accepted by SEC: 03 Mar 2025, 17:57:48 UTC
Prior SEC filing: 27 Feb 2025
Next SEC filing: 12 Mar 2025
Source filing: View source filing
Reporting owner signature: By: Stephanie Lim-Ignacio For: Miller, Brian Edward

Key filing fact

Brian Edward Miller filed Form 4 for INTUITIVE SURGICAL INC (ISRG) on 03 Mar 2025.

Key facts

This page summarizes Brian Edward Miller's Form 4 filing for INTUITIVE SURGICAL INC (ISRG).
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 03 Mar 2025, 17:57.

Change

Previous filing in this sequence was filed on 27 Feb 2025.
Current net transaction value: -$1,893,140.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ISRG transaction

Common Stock

Award

Transaction value: $0
Shares: +5,638
Change %: +60%
Price: $0.000000
Shares after: 15,054
Date: 27 Feb 2025
Ownership: Direct
Footnotes: F1

ISRG transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +1,128
Change %: +7.5%
Price: $0.000000
Shares after: 16,182
Date: 28 Feb 2025
Ownership: Direct
Footnotes: F2

ISRG transaction

Common Stock

Tax liability

Transaction value: $315,711
Shares: -560
Change %: -3.5%
Price: $563.77
Shares after: 15,622
Date: 28 Feb 2025
Ownership: Direct
Footnotes: F2

ISRG transaction

Common Stock

Tax liability

Transaction value: $1,577,428
Shares: -2,798
Change %: -18%
Price: $563.77
Shares after: 12,824
Date: 28 Feb 2025
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ISRG transaction Derivative

Restricted Stock Units - 2-28-2022

Options Exercise

Transaction value: $0
Shares: -1,128
Change %: -50%
Price: $0.000000
Shares after: 1,127
Date: 28 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,128
Exercise price: $0.000000
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

This transaction represents the certification of the performance goals under performance stock units ("PSUs").

Footnote F2

RSUs vest 25% per year over a four year period, commencing on the first anniversary of the grant date. 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.

Footnote F3

This transaction represents the withholding of shares to cover taxes applicable to a settlement of PSUs reported on this Form 4.

Footnote F4

Each RSU granted represents a contingent right to receive one share of Intuitive Surgical common stock. The grant vests 25% on the first anniversary of the date of grant and annually thereafter, over a four year period.