Form 4: Intuitive Surgical President David J. Rosa Gifts Shares to Venture Christian Church
SEC Form 4 Filing
David J. Rosa, President of Intuitive Surgical, reports gifting 2,507 shares of common stock to Venture Christian Church on May 17, 2024.
Summary
- On May 17, 2024, David J. Rosa, President of Intuitive Surgical Inc., gifted 2,507 shares of the company's common stock to Venture Christian Church.
- The transaction did not involve any monetary exchange, as the price per share is listed as $0.0.
- Following the transaction, Rosa directly owns 215,285 shares of Intuitive Surgical common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (gift of shares) and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Executive gifting of shares is a common practice and can be motivated by personal philanthropic reasons. It does not necessarily reflect a change in the executive's outlook on the company's performance.
Stakeholder Impact
- The gifting of shares has a negligible impact on shareholders, employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of the share gifting transaction |
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