Intuitive Surgical Officer Files Form 144 Notice to Sell $478K in Common Stock Under Rule 10b5-1 Plan
INTUITIVE SURGICAL INC
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Filing Summary
Proposed sale notice filed on Form 144 by Officer Patricia Wadors for 1,078 shares of Intuitive Surgical, Inc. (ISRG) with an estimated market value of $478,470.30. The sale is executed pursuant to a Rule 10b5-1 trading plan adopted on May 27, 2026.
Comprehensive Analysis
Executive Summary
On October 23, 2026, Patricia Wadors, an Officer at Intuitive Surgical, Inc. ($ISRG), submitted a Form 144 filing indicating an intent to sell 1,078 shares of common stock through Morgan Stanley Smith Barney LLC. The aggregate market value of the proposed transaction is approximately $478,470.30, implying an average price per share of approximately $443.85.
Key Transaction Details
- Filer: Patricia Wadors (Officer)
- Shares Proposed for Sale: 1,078 common shares
- Estimated Aggregate Market Value: $478,470.30
- Approximate Sale Date: October 23, 2026
- Source of Shares: Vested Restricted Stock Units (RSUs) acquired on October 10, 2026
- Trading Plan: Executed under a pre-established Rule 10b5-1 trading plan adopted on May 27, 2026
- Prior 3-Month Activity: No prior sales reported in the preceding three months
Market Impact & Significance
The trading significance of this filing is assessed as Low. The transaction size ($478.5K) represents a negligible portion of Intuitive Surgical's total outstanding shares (346,643,718). Furthermore, the transaction is conducted under a pre-scheduled Rule 10b5-1 trading plan established five months prior, reflecting routine equity compensation liquidity rather than discretionary market timing.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
