Intuitive Surgical director Gary Guthart sells 20,095 shares for about $9.1 million
Intuitive Surgical director Gary Guthart sold 20,095 shares on Oct. 23 for about $9.1 million, according to a Form 4 filing made Monday.
The shares were sold at a weighted average price of $451.61, in multiple trades at prices ranging from $444.04 to $458.10, the filing shows. The stock was held by a trust.
The sale was prearranged. According to the Form 4, it was carried out under a Rule 10b5-1 trading plan that expires on June 15, 2027. Such plans let insiders schedule trades in advance.
Still a large holder
After the sale, the trust held 1,204,530 Intuitive Surgical shares, according to the filing.
The Form 4 also lists 26,247 shares held in a trust for the benefit of Guthart's daughter and another 26,247 shares in a trust for the benefit of his son.
By the numbers
- Shares sold: 20,095
- Weighted average sale price: $451.61
- Approximate value: $9.1 million
- Price range of the trades: $444.04 to $458.10
- Trust holdings after the sale: 1,204,530
- Trading plan expires: June 15, 2027
Sources
- Intuitive Surgical, Inc., Form 4 for Gary S. Guthart, filed Oct. 26, 2026 (accession 0001280628-26-000016)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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