Intuitive Surgical Director Craig H. Barratt Files Form 144 to Sell $506K in Stock

Overview

On November 4, 2026, Craig H. Barratt, a Director at Intuitive Surgical, Inc. ($ISRG), filed a Form 144 notice indicating the proposed sale of 1,150 shares of common stock through Morgan Stanley Smith Barney LLC. The estimated aggregate market value of the shares is $506,862.50, representing an approximate price per share of $440.75.

Transaction & Plan Details

• Nature of Acquisition: The 1,150 shares are being acquired on November 4, 2026, via the exercise of stock options paid in cash.
• Rule 10b5-1 Plan: The transaction is governed by a pre-scheduled Rule 10b5-1 trading plan adopted on February 5, 2026.
• Past 3 Months Activity: The filer reported one prior sale under the same 10b5-1 plan within the preceding three months:
  • October 23, 2026: 1,150 shares sold for gross proceeds of $510,370.00.

Market & Trading Significance

• Trading Significance: Low.
• Context: The proposed sale represents a negligible fraction of Intuitive Surgical's total outstanding shares (346,643,718 shares outstanding). Because this is a routine option exercise and sale executed pursuant to a pre-established Rule 10b5-1 trading plan adopted nine months prior, the transaction does not indicate discretionary insider sentiment or an unexpected shift in confidence.