Stryker (NYSE: SYK) legal chief awarded 7,828 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fletcher Robert S reported acquisition or exercise transactions in this Form 4 filing.
STRYKER CORP VP and Chief Legal Officer Robert S. Fletcher reported an equity award of 7,828 shares of Common Stock. The shares were granted at no cash cost as compensation after the achievement of pre-established three-year adjusted diluted net earnings per share and sales performance goals, and will vest on March 21, 2026. Following this award, he directly holds 18,285 common shares, and indirectly holds 162 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fletcher Robert S
Role
VP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,828 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,285 shares (Direct);
Common Stock — 162 shares (Indirect, 401(k))
Footnotes (1)
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FAQ
What did SYK executive Robert S. Fletcher report in this Form 4 filing?
Robert S. Fletcher reported receiving an equity award of 7,828 shares of STRYKER CORP common stock. The award reflects earned performance-based shares and increases his directly held position while also disclosing a smaller indirect 401(k) holding.
Was the SYK Form 4 transaction an open-market stock purchase or sale?
The Form 4 shows a grant of 7,828 common shares coded as an acquisition, not an open-market purchase or sale. The shares were awarded as compensation, with no price per share reported in the transaction data.
What role does Robert S. Fletcher hold at STRYKER CORP (SYK)?
Robert S. Fletcher is identified as Vice President and Chief Legal Officer at STRYKER CORP. The reported equity award represents part of his executive compensation structure, aligning his interests with company performance over a multi-year period.