Form 4: Intuitive Surgical President David J. Rosa Gifts Shares to Donor Advised Fund
SEC Form 4
David J. Rosa, President of Intuitive Surgical, gifted 915 shares of common stock to The Rosa Donor Advised Fund on November 22, 2024.
Summary
- David J. Rosa, President of Intuitive Surgical, reported a transaction on November 22, 2024.
- He gifted 915 shares of Intuitive Surgical common stock to The Rosa Donor Advised Fund.
- The transaction was a gift, with a price of $0.0 per share.
- Following the transaction, Mr. Rosa directly owns 211,080 shares of Intuitive Surgical common stock.
Sentiment
Score: 5
Explanation: The document is a routine Form 4 filing for a stock gift, which is neutral in sentiment.
Industry Context
This is a routine Form 4 filing related to an insider transaction. It does not indicate any significant change in the company's operations or outlook.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders and are common across all publicly traded companies.
- The gifting of shares to a donor advised fund is a common personal financial planning strategy for executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a personal transaction of an executive.
Key Dates
| Date | Description |
|---|---|
| 11/22/2024 | Date of the stock gift transaction. |
Keywords
Intuitive Surgical, David J. Rosa, stock gift, Form 4, insider transaction, donor advised fund
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