Form 4: Intuitive Surgical Director Amal M. Johnson Reports Stock Transactions
SEC Form 4 Filing
Director Amal M. Johnson reports acquisition and disposal of Intuitive Surgical (ISRG) stock and restricted stock units on April 25, 2024.
Summary
- On April 25, 2024, Amal M. Johnson, a director of Intuitive Surgical Inc. (ISRG), reported transactions involving the company's stock and restricted stock units (RSUs).
- Johnson disposed of 569 shares of common stock at a price of $0.0, and acquired 739 restricted stock units.
- Following these transactions, Johnson directly owns 12,275 shares of common stock and 739 restricted stock units.
- The RSUs vest on the earlier of one year from the grant date or the next Annual Meeting of Stockholders, contingent upon continued service.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The RSUs vest on the earlier of the one year anniversary of the date of grant or the next Annual Meeting of Stockholders, subject to the Reporting Person's continued service.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors. It's common for directors to receive and trade stock and RSUs as part of their compensation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of stock and RSU transactions |
| 04/26/2024 | Date of signature on the report |
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