Form 4: Intuitive Surgical EVP Henry L. Charlton Reports Stock Transactions
SEC Form 4
Executive Vice President of Intuitive Surgical, Henry L. Charlton, reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- Henry L. Charlton, an Executive Vice President at Intuitive Surgical Inc. (ISRG), filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On February 10, 2025, Charlton vested 1,078 shares of common stock from restricted stock units (RSUs).
- Also on February 10, 2025, 492 shares were disposed of at a price of $582.98 to cover statutory tax withholding requirements.
- Following these transactions, Charlton directly owns 3,642 shares of Intuitive Surgical common stock and 2,154 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, and does not contain information that would significantly impact investor sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation packages. These transactions are closely monitored by investors for insights into executive sentiment and company performance.
Key Dates
| Date | Description |
|---|---|
| July 25, 2024 | Date of Power of Attorney execution. |
| February 10, 2023 | Initial vesting date for RSUs, with 25% vesting annually thereafter. |
| February 10, 2025 | Date of stock vesting and disposal for tax obligations. |
Keywords
Form 4, Intuitive Surgical, ISRG, Henry L. Charlton, Restricted Stock Units, RSUs, Beneficial Ownership, Stock Transactions, Executive Compensation
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