Gary Guthart, a director at Intuitive Surgical Inc., recently sold 20,095 shares of the company's common stock. This transaction took place on October 23, 2026, and was executed under a pre-established trading plan compliant with SEC Rule 10b5-1. The sale reflects Guthart's ongoing financial management strategy and is noteworthy given the current market conditions.
Intuitive Surgical Inc., known for its innovative surgical systems, operates within the orthopedic, prosthetic, and surgical appliances and supplies sector. The company is publicly traded under the ticker ISRG and is listed on the NASDAQ. Its recent filings include a Form 4 submitted on October 26, 2026, detailing the share sale by Guthart.
According to the SEC filing, the shares were sold at a weighted average price of $451.6117, with individual transaction prices ranging from $444.04 to $458.10. Following this transaction, Guthart retains ownership of 1,204,530 shares, indicating a significant stake in the company.
The filing also highlights that the sale was conducted in accordance with a trading plan that is set to expire on June 15, 2027. This strategic move may influence other stakeholders and directors within the surgical device industry as they navigate their own investment decisions.
Looking ahead, the filing does not specify any upcoming events or additional filings related to this transaction.