Stryker (SYK) legal chief sells 4,544 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STRYKER CORP VP and Chief Legal Officer Robert S. Fletcher sold 4,544 shares of common stock in open-market transactions on May 28, 2026. Sale prices ranged from about $304 to $310 per share, with several trades reported at weighted average prices. The filing notes these sales were made under a Rule 10b5-1 trading plan adopted on February 26, 2026. After the transactions, he holds 10,582 shares directly and 183 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,544 shares ($1,394,409)
Net Sell
7 txns
Insider
Fletcher Robert S
Role
VP, Chief Legal Officer
Sold
4,544 shs ($1.39M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 120 | $304.225 | $37K |
| Sale | Common Stock | 165 | $305.66 | $50K |
| Sale | Common Stock | 2,809 | $306.564 | $861K |
| Sale | Common Stock | 1,067 | $307.297 | $328K |
| Sale | Common Stock | 258 | $308.785 | $80K |
| Sale | Common Stock | 125 | $310.22 | $39K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,006 shares (Direct, null);
Common Stock — 183 shares (Indirect, 401(k))
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2026. The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $305.59 to $305.665, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein. The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $306.05 to $306.945, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein. The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $307.06 to $307.76, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein. The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $308.78 to $308.79, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein.
Key Figures
Shares sold: 4,544 shares
Sale price example: $310.2200 per share
Sale price example: $306.5640 per share
+5 more
8 metrics
Shares sold
4,544 shares
Net open-market sales on May 28, 2026
Sale price example
$310.2200 per share
One reported weighted average sale price
Sale price example
$306.5640 per share
One reported weighted average sale price
Sale price example
$304.2250 per share
One reported weighted average sale price
Direct holdings after sale
10,582 shares
Common stock held directly after transactions
Indirect 401(k) holdings
183 shares
Common stock held indirectly via 401(k)
Trading plan adoption date
February 26, 2026
Rule 10b5-1 trading plan adoption
Net buy/sell direction
net-sell
Transaction summary characterization
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale, 401(k), +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported in Column 4 is a weighted average sale price."
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
401(k) financial
"nature_of_ownership: "401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
beneficial ownership financial
"full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider activity did Stryker (SYK) report for Robert S. Fletcher?
Robert S. Fletcher sold 4,544 Stryker shares in open-market trades. The VP and Chief Legal Officer executed multiple sales of common stock on May 28, 2026, at prices around $304–$310 per share, according to the Form 4 filing.
Was the Stryker (SYK) insider sale by Robert S. Fletcher under a Rule 10b5-1 plan?
Yes, the filing states the sales were under a Rule 10b5-1 plan. A footnote explains the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Fletcher on February 26, 2026, indicating the sales were pre-arranged.