Form 4: Intuitive Surgical VP Fredrik Widman Reports Stock Transactions

Sentiment:

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

DateDescription
02/28/2025RSUs vest and shares are acquired; shares are disposed of for tax withholding.
03/03/2025Shares are sold in accordance with a 10b5-1 trading plan.
03/03/2025Date of the report filing.
03/07/2025Expiration date of the 10b5-1 trading plan.
02/28/2026Expiration date of the Restricted Stock Units.

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