Stryker (NYSE: SYK) CEO Lobo exercises 206,955 options and gets new grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
206,955 shares exercised/converted
Mixed
5 txns
Insider
Lobo Kevin
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option granted 02/10/2016 (right to buy) | 206,955 | $0.00 | -- |
| Exercise | Common Stock | 206,955 | $96.64 | $20.00M |
| Tax Withholding | Common Stock | 132,410 | $362.42 | $47.99M |
| Grant/Award | Employee Stock Option granted 02/04/2026 (right to buy) | 58,206 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option granted 02/10/2016 (right to buy) — 0 shares (Direct);
Common Stock — 329,350 shares (Direct);
Employee Stock Option granted 02/04/2026 (right to buy) — 58,206 shares (Direct);
Common Stock — 721 shares (Indirect, By 401K)
Footnotes (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. 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.
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.
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.