Intuitive Surgical Reports Officer and Director Changes
Ticker: ISRG · Form: 8-K · Filed: Jan 6, 2025 · CIK: 1035267
Sentiment: neutral
Topics: officer-changes, director-changes, compensation
Related Tickers: ISRG
TL;DR
ISRG filed an 8-K for officer/director changes and compensation effective Jan 1.
AI Summary
Intuitive Surgical, Inc. filed an 8-K on January 6, 2025, reporting changes effective January 1, 2025. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. Specific details regarding the individuals involved, their roles, and the nature of the compensatory arrangements are not provided in this excerpt.
Why It Matters
Changes in key leadership and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in officers and directors, especially if numerous or involving key roles, can indicate internal shifts that may affect company direction or stability.
Key Players & Entities
- INTUITIVE SURGICAL, INC. (company) — Registrant
- January 1, 2025 (date) — Effective date of reported changes
- January 6, 2025 (date) — Date of report filing
FAQ
What specific officer or director positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers,' but the specific names and roles are not detailed in this excerpt.
What is the effective date of the reported changes?
The earliest event reported is effective as of January 1, 2025.
What is the filing date of this 8-K report?
This Form 8-K was filed on January 6, 2025.
Does this filing disclose any new compensatory arrangements for officers?
Yes, the filing explicitly mentions 'Compensatory Arrangements of Certain Officers' as an item being reported.
What is the principal executive office address for Intuitive Surgical, Inc.?
The principal executive offices are located at 1020 Kifer Road, Sunnyvale, California 94086.
Filing Stats: 517 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2025-01-06 16:05:46
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share ISRG The Nasdaq Global Select
- $605,000 — s annual base salary was increased from $605,000 to $683,000, and his target annual cash
- $683,000 — e salary was increased from $605,000 to $683,000, and his target annual cash bonus oppor
- $600,000 — s annual base salary was increased from $600,000 to $670,000, and his target annual cash
- $670,000 — e salary was increased from $600,000 to $670,000, and his target annual cash bonus oppor
Filing Documents
- isrg-20250101.htm (8-K) — 31KB
- 0001035267-25-000002.txt ( ) — 154KB
- isrg-20250101.xsd (EX-101.SCH) — 2KB
- isrg-20250101_lab.xml (EX-101.LAB) — 22KB
- isrg-20250101_pre.xml (EX-101.PRE) — 13KB
- isrg-20250101_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTUITIVE SURGICAL, INC. Date: January 6, 2025 By: /s/ JAMIE E. SAMATH Name: Jamie E. Samath Title: Executive Vice President, Chief Financial Officer