Form 4: Intuitive Surgical President David J. Rosa Gifts Shares to Biola University and Venture Christian Church
SEC Form 4 Filing
David J. Rosa, President of Intuitive Surgical, reports gifting a total of 3,960 shares of common stock to Biola University and Venture Christian Church on November 5, 2024.
Summary
- On November 5, 2024, David J. Rosa, President of Intuitive Surgical Inc., gifted 1,980 shares of common stock to Biola University, Inc.
- He also gifted 1,980 shares of common stock to Venture Christian Church on the same day.
- The transactions were reported on a Form 4 filing with the SEC.
- Following these transactions, Rosa directly owns 211,995 shares of Intuitive Surgical common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a gift of shares. It doesn't convey any particular positive or negative sentiment regarding the company's performance or prospects.
Industry Context
This filing reflects personal transactions of a company executive and doesn't directly indicate company performance or strategy. Such filings are routine and provide transparency regarding the holdings of company insiders.
Stakeholder Impact
- The gifts of shares have a negligible impact on shareholders, employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| July 25, 2024 | Date of Power of Attorney execution authorizing individuals to act on behalf of David J. Rosa for SEC filings. |
| November 05, 2024 | Date of stock gifts to Biola University, Inc. and Venture Christian Church. |
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