Intuitive Surgical insider exercises options, reports sales at $580
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Surgical (ISRG) executive Henry L. Charlton reported option exercises and open‑market sales on 11/12/2025 under a Rule 10b5‑1 trading plan. He exercised options for 636, 2,565, 2,898, and 2,901 shares at exercise prices of $347.4167, $245.6, $242.3367, and $177.9867, respectively, and reported multiple sales at $580 per share. Following the transactions, he directly owns 3,056 shares. The plan is stated to expire on June 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,731 shares ($7,963,980)
Net Sell
13 txns
Insider
Charlton Henry L
Role
EVP & Chief Commercial and Mkt
Sold
13,731 shs ($7.96M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 2,901 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 2,898 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 2,565 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 636 | $0.00 | -- |
| Exercise | Common Stock | 636 | $347.4167 | $221K |
| Sale | Common Stock | 636 | $580.00 | $369K |
| Exercise | Common Stock | 2,565 | $245.60 | $630K |
| Sale | Common Stock | 2,565 | $580.00 | $1.49M |
| Exercise | Common Stock | 2,898 | $242.3367 | $702K |
| Sale | Common Stock | 2,898 | $580.00 | $1.68M |
| Exercise | Common Stock | 2,901 | $177.9867 | $516K |
| Sale | Common Stock | 2,901 | $580.00 | $1.68M |
| Sale | Common Stock | 4,731 | $580.00 | $2.74M |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 8,423 shares (Direct)
Footnotes (1)
- The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on June 1, 2026. Non-statutory stock option granted pursuant to the 2010 Incentive Awards Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter. Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48 one month after the date of grant and 1/48 each month thereafter.
FAQ
What did ISRG insider Henry L. Charlton report on Form 4?
He reported option exercises and sales on 11/12/2025 conducted under a Rule 10b5‑1 trading plan.
What were the option exercise prices disclosed?
Exercises were at $177.9867, $242.3367, $245.6, and $347.4167 per share.
Was the trading under a Rule 10b5-1 plan?
Yes. The filing states the trades were under a Rule 10b5‑1 plan that expires on June 1, 2026.
What is the insider’s role at Intuitive Surgical (ISRG)?
He is an Officer, serving as EVP & Chief Commercial and Mkt.
Were any derivative holdings remaining after exercises?
Table II shows 1,929 derivative securities beneficially owned following the reported transactions.