---
schema_version: "secwatch.filing_event.v1"
accession: "0001035267-22-000176"
form_type: "8-K"
ticker: "ISRG"
cik: "0001035267"
company_name: "INTUITIVE SURGICAL INC"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:08:37.177562+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Intuitive Surgical enters $1B accelerated share repurchase agreement with Citibank

## Summary
- Entered $1B ASR with Citibank; initial delivery of ~3.6 million shares.
- Final settlement expected last week of December 2022, may be accelerated.
- Repurchase based on VWAP less discount; potential additional shares or cash at settlement.

## SEC filing metadata
- accession: 0001035267-22-000176
- form_type: 8-K
- ticker: ISRG
- cik: 0001035267
- company_name: INTUITIVE SURGICAL INC
- filed_at: 2022-10-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035267/000103526722000176/0001035267-22-000176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035267/000103526722000176/isrg-20221024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001035267-22-000176
- JSON: https://secwatch.observer/filing/0001035267-22-000176.json
- Plain text: https://secwatch.observer/filing/0001035267-22-000176.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.