Form 4: Intuitive Surgical Executive Brian Miller Reports Stock Transactions

Brian Edward Miller, EVP & Chief Digital Officer of Intuitive Surgical, reports the vesting and subsequent disposal of common stock to cover tax obligations.

Summary

• On February 10, 2025, Brian Edward Miller, EVP & Chief Digital Officer of Intuitive Surgical Inc. (ISRG), reported transactions involving common stock.
• 1,317 shares of common stock were acquired through the vesting of Restricted Stock Units (RSUs).
• 669 shares were disposed of to cover tax withholding requirements at a price of $582.98 per share.
• Following these transactions, Miller directly owns 7,769 shares of common stock and 2,633 Restricted Stock Units.
• The RSUs vest 25% per year, commencing on each anniversary of February 10, 2023, and convert into common stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.

Future Outlook

The remaining RSUs will continue to vest in 25% increments on each anniversary of February 10, 2023, subject to continuous service.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they relate to executive compensation and tax obligations.

Key Dates