Form 4: Intuitive Surgical President David J. Rosa Reports Stock Transactions
SEC Form 4
David J. Rosa, President of Intuitive Surgical, reports the vesting and subsequent sale of restricted stock units to cover tax obligations.
Summary
- On February 29, 2024, David J. Rosa, President of Intuitive Surgical, reported transactions involving common stock and restricted stock units (RSUs).
- Rosa acquired 2,253 shares of common stock through the vesting of RSUs at a price of $0.00 and disposed of 1,142 shares at $386.59 to cover tax withholding.
- Additionally, Rosa acquired 1,504 shares of common stock through the vesting of RSUs at a price of $0.00 and disposed of 763 shares at $386.59 to cover tax withholding.
- Following these transactions, Rosa directly owns 217,792 shares of Intuitive Surgical common stock and 3,007 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent 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.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date underlying the Restricted Stock Units |
| 02/29/2024 | Date of stock transactions (vesting and sale of shares). |
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