Intuitive Surgical (ISRG) EVP Brosius sells 36 shares in planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Surgical executive Mark Brosius reported small open-market sales of company stock under a pre-set trading plan. The EVP & Chief Manufacturing and Supply Chain sold 18 shares of Common Stock on May 21, 2026 at $446.04 per share and another 18 shares on May 22, 2026 at $439.80 per share. These transactions were carried out pursuant to a Rule 10b5-1 Trading Plan that expires on February 14, 2027. After these sales, Brosius directly holds 1,523 shares of Intuitive Surgical Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 36 shares ($15,945)
Net Sell
2 txns
Insider
Brosius Mark
Role
EVP & Chief Mfg and Supply Cha
Sold
36 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18 | $439.80 | $8K |
| Sale | Common Stock | 18 | $446.04 | $8K |
Holdings After Transaction:
Common Stock — 1,523 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold May 21, 2026: 18 shares at $446.04
Shares sold May 22, 2026: 18 shares at $439.80
Total shares sold: 36 shares
+2 more
5 metrics
Shares sold May 21, 2026
18 shares at $446.04
Open-market sale of Common Stock
Shares sold May 22, 2026
18 shares at $439.80
Open-market sale of Common Stock
Total shares sold
36 shares
Net shares sold across both transactions
Shares held after transactions
1,523 shares
Direct ownership of Common Stock after sales
Trading plan expiry
February 14, 2027
Expiration of Rule 10b5-1 Trading Plan
Key Terms
Rule 10b5-1, Trading Plan, open-market sale, Common Stock
4 terms
Rule 10b5-1 regulatory
"The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Trading Plan financial
"The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1"
A trading plan is a written set of rules an investor follows about what to buy or sell, when to enter and exit positions, and how much risk to accept—like a travel itinerary that maps the route, stops, and budget before a trip. It matters because it helps remove emotional decisions during market swings, enforces discipline, and makes performance easier to review and improve, reducing the chance of costly impulsive moves.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Intuitive Surgical (ISRG) executive Mark Brosius report in this Form 4?
Mark Brosius reported selling 36 shares of Intuitive Surgical Common Stock in two open-market transactions. The sales occurred on May 21 and 22, 2026 and were executed under a pre-established Rule 10b5-1 Trading Plan that governs the timing and size of trades.
Were Mark Brosius’s Intuitive Surgical (ISRG) stock sales made under a Rule 10b5-1 plan?
Yes. The filing states that the transactions occurred under a Trading Plan that complies with SEC Rule 10b5-1 and expires on February 14, 2027. Such plans allow pre-scheduled trades, helping separate personal trading decisions from nonpublic information.
What type of transactions did Mark Brosius report for Intuitive Surgical (ISRG) stock?
The Form 4 reports two open-market sales of Intuitive Surgical Common Stock, each coded as “S” for sale. Both involve non-derivative securities, meaning they are direct stock sales rather than exercises or conversions of options or other derivative instruments.