Stryker CLO exercises 225 dividend equivalent shares
Stryker Corp VP and Chief Legal Officer Robert S. Fletcher reported compensation-related stock activity tied to prior performance awards.
Rhea-AI Filing Summary
Stryker Corp VP and Chief Legal Officer Robert S. Fletcher reported compensation-related stock activity tied to prior performance awards. On March 21, 2026, he exercised 225 dividend equivalent units linked to previously earned Performance Stock Units, receiving an equal number of Stryker Common Stock shares at no cost.
On the same date, 3,384 Common Stock shares were disposed of at $335.67 per share to cover tax obligations, a non-market transaction coded as tax withholding. After these entries, Fletcher directly holds 15,126 Common Stock shares and indirectly holds 162 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalents | 225 | $0.00 | $0.00 |
| Exercise | Common Stock | 225 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,384 | $335.67 | $1.14M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. On March 11, 2026, the Reporting Person filed a Form 4 reporting the acquisition of 7,828 shares of Stryker Common Stock earned upon the satisfaction of certain performance criteria, subject to vesting on March 21, 2026 (the "Performance Stock Units"). The 225 shares being reported here represent dividend equivalents issued in connection with the earned Performance Stock Units, which also vested on March 21, 2026 and were settled for an equal number of shares of Stryker Common Stock.
FAQ
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What insider transaction did Stryker (SYK) report for Robert S. Fletcher?
What are Robert S. Fletcher’s Stryker (SYK) holdings after this Form 4?
Were Robert S. Fletcher’s Stryker (SYK) transactions open-market trades?
What is the significance of the dividend equivalents reported for Stryker (SYK)?
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