Form 4: Intuitive Surgical Executive Robert DeSantis Reports Stock Transactions
SEC Form 4
EVP Robert DeSantis reports the vesting and subsequent tax withholding of shares related to restricted stock units (RSUs) of Intuitive Surgical Inc.
Summary
- Robert DeSantis, EVP & Chief Strategy & Corp Op of Intuitive Surgical Inc., filed a Form 4 on February 10, 2025, reporting transactions involving the company's common stock.
- The transactions include the vesting of 958 Restricted Stock Units (RSUs) and the withholding of 388 shares to cover statutory tax obligations.
- Following these transactions, DeSantis directly owns 6,131 shares of common stock and 1,915 RSUs.
- The RSUs vest 25% per year over a four-year period, commencing on each anniversary of February 10, 2023, and convert into common stock on a one-for-one basis upon vesting.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive stock transactions and has 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 shareholders, as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 02/10/2023 | Commencement date for RSU vesting (25% per year over four years). |
| 02/10/2025 | Date of reported transactions: RSU vesting and tax withholding. |
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