Form 4: Intuitive Surgical EVP Myriam Curet Executes Stock Option and Sells Shares Under 10b5-1 Plan
SEC Form 4
Myriam Curet, EVP & Chief Medical Officer of Intuitive Surgical, exercised stock options and sold shares of common stock under a pre-arranged 10b5-1 trading plan.
Summary
- Myriam Curet, an Executive Vice President and Chief Medical Officer at Intuitive Surgical Inc., executed a transaction involving the company's stock on April 25, 2025.
- Curet exercised non-qualified stock options to acquire 4,000 shares of common stock at a price of $242.3367 per share.
- Simultaneously, Curet sold 4,000 shares of common stock at a price of $513.18 per share.
- These transactions were conducted under a pre-arranged trading plan that complies with SEC Rule 10b5-1.
- Following these transactions, Curet directly owns 353 shares of common stock and 9,530 derivative securities.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports routine stock transactions under a pre-arranged plan. No significant positive or negative implications are apparent.
Industry Context
Executive stock transactions are a routine part of corporate governance and are closely monitored by investors. The use of a 10b5-1 trading plan indicates that the transactions were pre-planned and not based on any inside information.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of stock option exercise and sale of shares. |
| 04/28/2025 | Date of signature on the SEC Form 4. |
| 08/13/2025 | Expiration date of the 10b5-1 trading plan. |
| 08/28/2030 | Expiration date of the non-statutory stock option. |
Keywords
Intuitive Surgical, ISRG, Myriam Curet, Stock Options, SEC Form 4, 10b5-1 Trading Plan, Executive Compensation, Insider Trading
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