Intuitive Surgical (ISRG) SVP executes planned sale of 1,293 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Intuitive Surgical SVP Mark Brosius reported selling 1,293 shares of Common Stock in open-market transactions. He sold 648 shares at $490.19 per share on March 6, 2026, and 645 shares at $485.01 per share on March 9, 2026. After these sales, he directly holds 1,613 shares. The transactions were executed under a pre-arranged Trading Plan that complies with SEC Rule 10b5-1 and runs through February 14, 2027, indicating these sales were scheduled in advance rather than timed discretionarily.
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Insights
Planned, open-market sales by an Intuitive Surgical SVP under a Rule 10b5-1 plan.
Senior vice president Mark Brosius completed two open-market sales of Intuitive Surgical Common Stock totaling 1,293 shares. The trades occurred on March 6, 2026 and March 9, 2026 at prices of $490.19 and $485.01 per share, respectively.
Following these transactions, Brosius directly owns 1,613 shares of Common Stock as reported in this filing. There are no derivative positions, such as stock options, shown as remaining in the derivative summary, so this report focuses solely on common-share holdings and dispositions.
A key detail is the footnote stating the trades were made under a Trading Plan that complies with SEC Rule 10b5-1 and expires on February 14, 2027. Such pre-arranged plans typically reduce the informational value of trade timing, making these transactions look more like routine liquidity or diversification rather than a reactive move to short-term company developments.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 645 | $485.01 | $313K |
| Sale | Common Stock | 648 | $490.19 | $318K |
Footnotes (1)
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