Form 4: Intuitive Surgical Director Joseph C. Beery Acquires Restricted Stock Units
SEC Form 4
Director Joseph C. Beery acquired 531 Restricted Stock Units (RSUs) of Intuitive Surgical Inc. on May 1, 2025.
Summary
- On May 1, 2025, Joseph C. Beery, a director of Intuitive Surgical Inc. (ISRG), acquired 531 Restricted Stock Units (RSUs).
- These RSUs will vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders, contingent upon Beery's continued service.
- Following the transaction, Beery directly owns 531 derivative securities.
Sentiment
Score: 7
Explanation: The document indicates a routine transaction of stock options to a board member, suggesting a neutral to slightly positive sentiment due to alignment of interests.
Positives
- The acquisition of RSUs by a director signals confidence in the company's future performance.
Future Outlook
The vesting of the RSUs is contingent upon continued service, aligning the director's interests with the company's long-term success.
Industry Context
Acquisition of stock options and restricted stock units are a common way to compensate board members and align their interests with the long term performance of the company.
Stakeholder Impact
- The acquisition of RSUs by a director can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of earliest transaction: Joseph C. Beery acquired 531 Restricted Stock Units. |
Keywords
Restricted Stock Units, RSUs, Form 4, Director, Intuitive Surgical, ISRG, Beneficial Ownership, Equity Securities
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