SEC FORM 4SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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checkbox uncheckedCheck this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
checkbox checkedCheck this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Widman Fredrik

(Last)(First)(Middle)
1020 KIFER ROAD

(Street)
SUNNYVALECA94086

(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
INTUITIVE SURGICAL INC [ ISRG ]
Foreign Trading Symbol
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
checkbox checkedOfficer (give title below)Other (specify below)
VP Corporate Controller
3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
checkbox checkedForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock10/30/2026M(1)546A$79.63781,572D
Common Stock10/30/2026M(1)312A$208.91,884D
Common Stock10/30/2026M(1)325A$139.522,209D
Common Stock10/30/2026M(1)307A$304.672,516D
Common Stock10/30/2026M(1)307A$229.392,823D
Common Stock10/30/2026M(1)312A$290.333,135D
Common Stock10/30/2026M(1)406A$347.41673,541D
Common Stock10/30/2026M(1)406A$245.63,947D
Common Stock10/30/2026M(1)567A$242.33674,514D
Common Stock10/30/2026M(1)567A$177.98675,081D
Common Stock10/30/2026M(1)262A$166.62335,343D
Common Stock10/30/2026M(1)263A$182.83335,606D
Common Stock10/30/2026M(1)325A$174.25675,931D
Common Stock10/30/2026M(1)543A$109.48566,474D
Common Stock10/30/2026S(1)5,448D$436.0551(2)1,026D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option (right to buy)$79.637810/30/2026M(1)546 (3)02/15/2027Common Stock546$0.0546D
Non-Qualified Stock Option (right to buy)$109.485610/30/2026M(1)543 (4)08/15/2027Common Stock543$0.0543D
Non-Qualified Stock Option (right to buy)$139.5210/30/2026M(1)325 (3)02/15/2028Common Stock325$0.0325D
Non-Qualified Stock Option (right to buy)$166.623310/30/2026M(1)262 (4)08/15/2029Common Stock262$0.0262D
Non-Qualified Stock Option (right to buy)$174.256710/30/2026M(1)325 (4)08/15/2028Common Stock325$0.0325D
Non-Qualified Stock Option (right to buy)$177.986710/30/2026M(1)567 (5)02/28/2030Common Stock567$0.0567D
Non-Qualified Stock Option (right to buy)$182.833310/30/2026M(1)263 (3)02/15/2029Common Stock263$0.0263D
Non-Qualified Stock Option (right to buy)$208.910/30/2026M(1)312 (4)08/28/2029Common Stock312$0.0624D
Non-Qualified Stock Option (right to buy)$229.3910/30/2026M(1)307 (6)02/27/2030Common Stock307$0.0521D
Non-Qualified Stock Option (right to buy)$242.336710/30/2026M(1)567 (4)08/28/2030Common Stock567$0.0567D
Non-Qualified Stock Option (right to buy)$245.610/30/2026M(1)406 (5)02/26/2031Common Stock406$0.0406D
Non-Qualified Stock Option (right to buy)$290.3310/30/2026M(1)312 (5)02/28/2029Common Stock312$0.0312D
Non-Qualified Stock Option (right to buy)$304.6710/30/2026M(1)307 (7)08/09/2030Common Stock307$0.0521D
Non-Qualified Stock Option (right to buy)$347.416710/30/2026M(1)406 (4)08/26/2031Common Stock406$0.0406D
Explanation of Responses:
1. The transaction took place in accordance with a Trading Plan that complies with SEC Rule 10b5-1 and expires on September 15, 2027.
2. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $431.64 to $453.60 as follows: 2,650 shares sold at $431.64 to $432.57; 279 shares sold at $432.71 to $433.31; 239 shares sold at $433.85 to $434.35; 79 shares sold at $434.93 to $435.64; 321 shares sold at $435.93 to $436.73; 160 shares sold at $437.33 to $437.79; 480 shares sold at $438.76 to $439.62; 120 shares sold at $439.83 to $440.03; 160 shares sold at $440.89 to $441.86; 200 shares sold at $442.20 to $442.92; 200 shares sold at $443.37 to $444.14; 160 shares sold at $444.47 to $445.32; 240 shares sold at $445.73 to $446.59; 80 shares sold at $446.86 to $447.26; and 80 shares sold at $453.60. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range
3. Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
4. Non-statutory stock option granted pursuant to the 2010 Incentive Award Plan. Option shall vest 7/48 one month after the date of grant and 1/48 each month thereafter.
5. Non-statutory stock option granted pursuant to the 2010 Incentive Awards Plan. The option vests 1/8th six months after the date of grant and 1/48th monthly thereafter.
6. 12.5% of the shares subject to the option vest on the six-month anniversary measured from February 10, 2023, and 1/48th of the total number of shares vest in forty-two (42) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
7. 7/48th of the shares subject to the option vest on the one-month anniversary measured from August 10, 2023, and 1/48th of the total number of shares vest in forty-one (41) successive and equal monthly installments thereafter, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
By: Stephanie Lim-Ignacio For: Widman, Fredrik11/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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