Form 4: Craig H. Barratt Acquires 750 Restricted Stock Units in Intuitive Surgical

Sentiment:

SEC Form 4


Director Craig H. Barratt acquired 750 Restricted Stock Units (RSUs) in Intuitive Surgical on May 1, 2025, which will vest on the earlier of one year from the grant date or the next Annual Meeting of Stockholders.

Summary

  • On May 1, 2025, Craig H. Barratt, a director of Intuitive Surgical Inc. (ISRG), acquired 750 Restricted Stock Units (RSUs).
  • The RSUs will vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders, contingent upon Barratt's continued service.
  • The price of the derivative security is $0.0.
  • Following the transaction, Barratt directly owns 750 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices, indicating confidence in the company's future.

Positives

  • The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs will vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service.

Industry Context

This is a standard Form 4 filing, reflecting a common practice of granting stock-based compensation to company directors.

Stakeholder Impact

  • The RSU grant aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
05/01/2025Date of transaction: Craig H. Barratt acquired 750 Restricted Stock Units.
05/01/2025Date of signature.

Keywords

Restricted Stock Units, RSUs, Intuitive Surgical, ISRG, Director, Craig H. Barratt, Beneficial Ownership, Form 4

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