Intuitive Surgical 8-K

Summary

Intuitive appointed Aaron Martin, Humana’s President of Insurance, as an independent director effective 1/1/2027, expanding the board from 10 members to 11. Martin brings experience in health insurance, healthcare technology and health-system digital businesses; Intuitive said his perspective will inform its efforts to expand access to minimally invasive care. He will not join any board committees upon appointment.

Key Figures

• Director compensation: $70,000 annual cash retainer, prorated for the remaining fiscal year, and an initial restricted stock unit grant with a target value of $93,333. The grant will vest on the earlier of its first anniversary or the next annual stockholders’ meeting, subject to continued service.