Intuitive Surgical Director Craig H. Barratt Files Form 144 to Sell $510K in Common Stock
INTUITIVE SURGICAL INC
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Filing Summary
📢 Form 144 Filing Alert: Intuitive Surgical, Inc. ($ISRG) • Insider: Craig H. Barratt (Director) • Proposed Sale: 1,150 Common shares (~$510,427.50) • Broker: Morgan Stanley Smith Barney LLC • Plan Date: 10b5-1 adopted on 02/05/2026 • Acquisition Source: Stock Option Exercise (Cash payment, 10/23/2026)
Comprehensive Analysis
Executive Summary
On October 23, 2026, Craig H. Barratt, a member of the Board of Directors of Intuitive Surgical, Inc. ($ISRG), filed a Form 144 notice of proposed sale covering 1,150 shares of common stock. The aggregate market value of the proposed transaction is $510,427.50, implying an estimated price per share of approximately $443.85.
Transaction & Plan Details
- Securities to be Sold: 1,150 shares of Common Stock.
- Aggregate Market Value: $510,427.50.
- Origin of Shares: Acquired via the exercise of stock options from the issuer on October 23, 2026, paid in cash.
- Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted on February 5, 2026.
- Prior Sales: No other securities were sold by the reporting owner during the past three months.
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.
Market Impact & Significance
The proposed sale carries Low trading significance. The 1,150 shares represent an infinitesimal fraction of Intuitive Surgical's 346.6M outstanding common shares. Furthermore, the sale is being conducted pursuant to a pre-established Rule 10b5-1 trading arrangement adopted several months prior, pointing to routine equity compensation management rather than a discretionary market-timing event.
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