Form 4: Intuitive Surgical VP Fredrik Widman Reports Stock Transactions
SEC Form 4 Filing
VP Corporate Controller Fredrik Widman reports stock transactions including the vesting of Restricted Stock Units (RSUs) and subsequent sale of shares.
Summary
- Fredrik Widman, VP Corporate Controller at Intuitive Surgical, reported transactions involving the company's common stock.
- On February 28, 2025, 468 shares were acquired through the vesting of Restricted Stock Units (RSUs) at a price of $0.00.
- Also on February 28, 2025, 233 shares were disposed of to cover tax withholding requirements at a price of $563.77.
- On March 3, 2025, 810 shares were sold at a price of $573.78.
- Following these transactions, Widman directly owns 473 shares of Intuitive Surgical common stock.
- The sales on March 3, 2025 were conducted under a pre-arranged trading plan complying with SEC Rule 10b5-1.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.
Industry Context
This Form 4 filing is a routine disclosure related to insider trading activity, which is common for executives at publicly traded companies like Intuitive Surgical. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the sale of shares by a company executive, but the impact is likely minimal given the relatively small number of shares involved and the pre-planned nature of the sales.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | RSUs vest and shares are acquired; shares are disposed of for tax withholding. |
| 03/03/2025 | Shares are sold in accordance with a 10b5-1 trading plan. |
| 03/03/2025 | Date of the report filing. |
| 03/07/2025 | Expiration date of the 10b5-1 trading plan. |
| 02/28/2026 | Expiration date of the Restricted Stock Units. |
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