Form 8-K · Current Report · Filed 2026-05-04
Intuitive Surgical Approves Amended Incentive Award Plan and Increases Stock Repurchase Program
Intuitive Surgical, Inc. announced that its stockholders approved the amendment and restatement of the Company's Amended and Restated 2010 Incentive Award Plan at the Annual Meeting held on April 30, 2026. The amendment increases the number of shares reserved for issuance under the plan and extends its term. Additionally, the Board increased the authorized amount available under the Company's common stock repurchase program to an aggregate of $5.0 billion.
- Filer
- Intuitive Surgical, Inc. ISRG · NASDAQ
- Filed
- Accession
- 0001035267-26-000035
- CIK
- 0001035267
- Signal
- Medium impactHealthcare
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$457.78
Next session
-1.4%
Since filing
-22.8%
Latest close
$353.33
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from ISRG reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, ISRG insiders reported 18 Form 4 transactions — net selling of $2.7M.
About Intuitive Surgical, Inc.
Intuitive Surgical, Inc. is a pioneering company in the field of robotic-assisted, minimally invasive surgery. It is renowned for its development of the da Vinci Surgical System, which revolutionizes surgical procedures by enhancing precision, flexibility, and control beyond the physical capabilities of the human hand. The company's cornerstone product allows surgeons to perform complex surgeries through small incisions, which can lead to quicker patient recovery, reduced hospital stays, and lower complication rates. Operating predominantly in the healthcare sector, Intuitive Surgical serves a significant role in advancing surgical technology and improving patient outcomes. The company collaborates across diverse medical specialties, including urology, gynecology, and general surgery, to expand the applications and accessibility of its robust surgical systems. As an innovator in the medical device industry, Intuitive Surgical has a profound impact not only on surgical methodologies but also on the economic aspects of medical practices by potentially lowering surgical costs. It continues to shape the future of surgery with its commitment to enhancing robotic-assisted techniques.
Never miss another ISRG filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.