Intuitive Surgical SVP CHRO Sells $478K in Common Stock Under Rule 10b5-1 Plan

Executive Summary

On October 26, 2026, a Form 4 was filed for Intuitive Surgical Inc ($ISRG) reporting an open market sale of common stock by Patricia L. Wadors, SVP Chief Human Resources Officer. The transaction took place on October 23, 2026, involving the sale of 1,078 shares at an average price of $443.80 per share, generating gross proceeds of $478,416.40.

Transaction Details

• Security: Common Stock
• Transaction Code: S (Open market or private sale)
• Shares Sold: 1,078
• Price per Share: $443.80
• Total Transaction Value: $478,416.40
• Post-Transaction Direct Ownership: 0 shares
• Plan Details: The sale was executed under a pre-established SEC Rule 10b5-1 trading plan expiring on May 29, 2027.

Market & Significance Assessment

• Trading Significance: Low
• Context: The transaction was pre-scheduled under a Rule 10b5-1 trading plan, reducing the likelihood that it reflects non-public material information or short-term operational shifts. While direct common stock ownership post-transaction is reported at zero, this is common for executive scheduled sales that periodically liquidate vested equity awards.