Stryker (NYSE: SYK) CEO Lobo exercises 206,955 options and gets new grant

Rhea-AI Filing Summary

Stryker Corporation Chair and CEO Kevin Lobo reported several equity transactions and a new option grant. On February 6, 2026, he exercised 206,955 employee stock options at $96.64 per share, acquiring the same number of Stryker common shares.

That same day, 132,410 shares of common stock were disposed of at $362.42 per share in a transaction coded “F,” typically used for tax withholding, leaving him with 196,940 directly held shares plus 721 shares held indirectly via a 401(k). On February 4, 2026, he also received a new grant of 58,206 stock options with an exercise price of $360.82 per share, expiring on February 3, 2036.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lobo Kevin

(Last) (First) (Middle)

1941 STRYKER WAY

(Street)

PORTAGE MI 49002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STRYKER CORP [ SYK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chair and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/06/2026		M		206,955	A	$96.64	329,350(1)	D
Common Stock	02/06/2026		F		132,410	D	$362.42	196,940	D
Common Stock								721	I	By 401K

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option granted 02/04/2026 (right to buy)	$360.82	02/04/2026		A		58,206		(2)	02/03/2036	Common Stock	58,206	$0	58,206	D
Employee Stock Option granted 02/10/2016 (right to buy)	$96.64	02/06/2026		M			206,955	(2)	02/09/2026	Common Stock	206,955	$0	0	D

Explanation of Responses:

1. Includes 2,782 shares of Stryker Common Stock acquired pursuant to Stryker Corporation's Employee Stock Purchase Plan ("ESPP") as of December 31, 2025, the date of the latest available statement of the reporting person's ESPP holdings.

2. Employee stock option granted pursuant to the Stryker Corporation 2011 Long-Term Incentive Plan, exercisable as to 20% on each of the first five anniversaries of the date of grant.

Remarks:

Exhibit 24, Power of Attorney, is attached.

	/s/ Austin Y. Ke, attorney-in-fact for Kevin A Lobo	02/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Stryker (SYK) CEO Kevin Lobo report on this Form 4?

Kevin Lobo reported exercising 206,955 stock options and related share movements. He acquired 206,955 Stryker common shares through option exercise, disposed of 132,410 shares in a tax-related transaction, and ended with 196,940 directly held shares plus 721 shares in a 401(k).

How many Stryker (SYK) stock options did Kevin Lobo exercise and at what price?

Kevin Lobo exercised 206,955 employee stock options at an exercise price of $96.64 per share. These options converted into the same number of Stryker common shares, increasing his direct share ownership before subsequent tax-related share disposal reported in the same filing.

What does the code “F” mean in Kevin Lobo’s Stryker (SYK) Form 4 transaction?

The Form 4 shows a transaction coded “F” for 132,410 Stryker shares at $362.42 per share. Code F generally denotes shares withheld to satisfy tax obligations arising from equity awards, indicating these shares were disposed of in connection with the option exercise.

What new stock option grant did Kevin Lobo receive from Stryker (SYK)?

On February 4, 2026, Kevin Lobo received a grant of 58,206 employee stock options with a $360.82 exercise price. These options, tied to Stryker’s 2011 Long-Term Incentive Plan, are exercisable in 20% installments over five years and expire on February 3, 2036.

How many Stryker (SYK) shares does Kevin Lobo own after these transactions?

After the reported transactions, Kevin Lobo directly holds 196,940 Stryker common shares. He also has 721 shares held indirectly through a 401(k) account. Additionally, he beneficially owns 58,206 employee stock options from the new grant reported in the derivative securities table.

What do the Form 4 footnotes say about Kevin Lobo’s Stryker (SYK) holdings?

One footnote explains that his holdings include 2,782 Stryker shares acquired through the company’s Employee Stock Purchase Plan as of December 31, 2025. Another clarifies that the reported employee stock options vest 20% annually over the first five anniversaries of the grant date.