Form 4: Intuitive Surgical Executive Robert DeSantis Reports Stock Transactions

Executive Vice President of Intuitive Surgical, Robert DeSantis, reports the acquisition and disposal of common stock and restricted stock units (RSUs) on February 29, 2024.

Summary

• Robert DeSantis, EVP & Chief Strategy & Corp Op at Intuitive Surgical Inc., filed a Form 4 on February 29, 2024.
• The report details transactions involving common stock and Restricted Stock Units (RSUs).
• On February 29, 2024, DeSantis acquired 2,172 shares of common stock through the vesting of RSUs at a price of $0.0.
• Also on February 29, 2024, DeSantis disposed of 1,003 shares of common stock at a price of $386.59.
• On February 29, 2024, DeSantis acquired 1,504 shares of common stock through the vesting of RSUs at a price of $0.0.
• Also on February 29, 2024, DeSantis disposed of 697 shares of common stock at a price of $386.59.
• Following these transactions, DeSantis beneficially owns 11,075 shares of Intuitive Surgical common stock.
• He also owns 3,007 derivative securities in the form of Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a standard regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

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

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in the executive's holdings.
• The vesting of RSUs is part of the executive's compensation package, impacting employee benefits.

Key Dates