Intuitive Surgical Inc (ISRG) Quarterly Institutional 13F Update (Q2 2026)

Intuitive Surgical amended its bylaws on July 23, 2026. The changes tighten rules for shareholder nominations: they now require that anyone proposing a director nominee must hold 67% of shares to comply with SEC universal proxy rules. Other tweaks include clearer disclosure rules, a ban on nominating more candidates than open seats, and changing the voting standard to a majority of votes cast (excluding abstentions and broker non-votes). There's also a technical change that forced a color change for proxy cards used by shareholders soliciting proxies.