Form 4: Intuitive Surgical EVP Myriam Curet Reports Stock Transactions
SEC Form 4
Myriam Curet, EVP & Chief Medical Officer of Intuitive Surgical, reports the vesting and disposal of restricted stock units (RSUs) to cover tax obligations.
Summary
- Myriam Curet, an EVP & Chief Medical Officer at Intuitive Surgical Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock on February 29, 2024.
- The transactions involved the vesting of Restricted Stock Units (RSUs) and the subsequent disposal of shares to cover tax withholding requirements.
- Specifically, 1,003 RSUs vested, converting into common stock, and 509 shares were disposed of at a price of $386.59.
- Additionally, 2,253 RSUs vested, converting into common stock, and 1,142 shares were disposed of at a price of $386.59.
- Following these transactions, Curet directly owns 1,903 shares of Intuitive Surgical common stock and 2,004 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Intuitive Surgical.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date related to the vesting of Restricted Stock Units. |
| 02/29/2024 | Date of the reported transactions (vesting and disposal of shares). |
| 02/28/2026 | Date related to the vesting of Restricted Stock Units. |
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