Stryker (SYK) President and COO awarded 19,956 stock options at $360.82
Rhea-AI Filing Summary
Stryker Corporation reported that President and COO Spencer S. Stiles received an employee stock option grant on February 4, 2026. The grant covers 19,956 stock options with an exercise price of $360.82 per share, giving him the right to buy Stryker common stock at that price.
These options were issued under the Stryker Corporation 2011 Long-Term Incentive Plan and vest over time, becoming exercisable in 20% increments on each of the first five anniversaries of the grant date. The options expire on February 3, 2036, and are held directly by Stiles.
Positive
- None.
Negative
- None.
FAQ
What did Stryker (SYK) President Spencer S. Stiles report in this Form 4?
Spencer S. Stiles reported receiving an employee stock option grant for 19,956 options on February 4, 2026. These options give him the right to buy Stryker common stock at an exercise price of $360.82 per share under a long-term incentive plan.
What are the key terms of the 19,956 Stryker (SYK) stock options granted?
The grant consists of 19,956 employee stock options with a $360.82 exercise price per share. The options are scheduled to expire on February 3, 2036 and relate to Stryker common stock, aligning the executive’s potential gains with future share performance.
How do the Stryker (SYK) stock options granted to Spencer Stiles vest over time?
The options vest gradually, becoming exercisable as to 20% on each of the first five anniversaries of the February 4, 2026 grant date. This creates a five-year vesting schedule that encourages longer-term retention and alignment with company results.
Under which plan were the Stryker (SYK) options to Spencer Stiles granted?
The options were granted under the Stryker Corporation 2011 Long-Term Incentive Plan. This plan is designed to deliver equity-based compensation, using stock options to link executive rewards to Stryker’s long-term share price performance and company success.
How many Stryker (SYK) derivative securities does Spencer Stiles hold after this transaction?
After this grant, Spencer S. Stiles beneficially holds 19,956 derivative securities in the form of employee stock options. All of these options are reported as held directly and relate to future rights to acquire Stryker common stock.
What type of security is reported in Spencer Stiles’ Stryker (SYK) Form 4?
The filing reports an employee stock option classified as a derivative security. Each option represents the right to purchase one share of Stryker common stock at the fixed exercise price of $360.82, subject to the vesting schedule and expiration date.