SVP Jeddi sold 5,625 ISRG shares at $420.55 via 10b5-1 plan; retains 6,463 shares post-sale
Iman Jeddi, SVP & General Manager of da Vinci Platforms, sold 5,625 shares (5.6K shares) for $2,365,593.75 ($2.4M) on 2026-06-01 under a pre-arranged 10b5-1 trading plan. The sale reduced his non-derivative holdings from 12,088 to 6,463 shares, representing a 46.5% reduction in that position. This is a scheduled, non-discretionary transaction, meaning the timing and execution were determined in advance and not a reflection of current market conditions or conviction. The stock has declined 33.7% from its 52-week high of $603.88 and is currently trading at $400.40, down 12.5% over 30 days and 20.1% over 90 days—context that shapes but does not alter the mechanical nature of the 10b5-1 plan. Given ISRG's strong fundamentals (revenue growth of 20.5% YoY, net income of $821.5M, and a market cap of $141.8B), the sale reflects execution of a pre-planned liquidity management plan rather than a discretionary reassessment of the company's prospects.