Form 4: Intuitive Surgical CEO Gary Guthart Reports Stock Transactions

CEO Gary Guthart reports the vesting and subsequent sale of restricted stock units (RSUs) of Intuitive Surgical stock.

Summary

• Gary Guthart, CEO of Intuitive Surgical, reported transactions involving common stock and restricted stock units on February 26, 2025.
• These transactions included the vesting of 3,030 and 4,961 Restricted Stock Units (RSUs), which converted into common stock.
• A portion of the shares obtained from the RSU vesting were sold to cover tax withholding requirements, resulting in the disposition of 1,503 and 2,460 shares at a price of $573.74.
• Guthart also acquired 13,732 new Restricted Stock Units.
• Following these transactions, Guthart directly owns 5,607 shares of common stock and 13,732 RSUs, and indirectly owns 1,215,363 shares through a trust, as well as 19,920 shares each in trusts for his daughter and son.

Sentiment

Score: 5

Explanation: The document simply reports stock transactions, which is a neutral event. There is no indication of positive or negative sentiment.

Industry Context

Executive stock transactions are a normal part of corporate governance and compensation. The vesting of RSUs is a common form of executive compensation, and the subsequent sale of shares to cover tax obligations is also typical.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the sale of shares, but the overall impact is likely to be negligible.

Key Dates