Form 4: Intuitive Surgical EVP Brian Miller Reports Stock Transactions
SEC Form 4
Brian Edward Miller, EVP & Chief Digital Officer of Intuitive Surgical, reports the vesting and subsequent sale of restricted stock units to cover tax obligations.
Summary
- On February 29, 2024, Brian Edward Miller, EVP & Chief Digital Officer of Intuitive Surgical, reported transactions involving Intuitive Surgical common stock.
- The transactions involved the vesting of 1,128 and 1,689 Restricted Stock Units (RSUs) and the subsequent disposition of 572 and 856 shares to cover tax withholding requirements.
- Following these transactions, Miller directly owns 12,172 shares of Intuitive Surgical common stock and 2,255 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2020 | Date of Restricted Stock Units grant, vesting 25% per year over four years. |
| 02/28/2022 | Date of Restricted Stock Units grant, vesting 25% per year over four years. |
| 02/29/2024 | Date of transaction: vesting of RSUs and disposition of shares for tax obligations. |
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