Stryker (NYSE: SYK) director receives 762 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silvernail Andrew K reported acquisition or exercise transactions in this Form 4 filing.
Stryker Corporation director Andrew K. Silvernail received an equity award of 762 Restricted Stock Units (RSUs) of Stryker common stock. Each RSU represents a contingent right to receive one share of common stock. The RSUs vest 100% on the earlier of the 2027 Annual Meeting of Shareholders or May 6, 2027.
Silvernail has voluntarily elected to defer receipt of the shares issuable upon settlement of these RSUs until his departure from the Board of Directors. Following this grant, he directly holds 18,465 shares of Stryker common stock, indicating this is a modest, routine compensation-related award relative to his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silvernail Andrew K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 762 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,465 shares (Direct, null)
Footnotes (1)
- Represents a grant of Restricted Stock Units (RSUs), which vest as to 100% of the shares on the earlier of (i) the date of the 2027 Annual Meeting of Shareholders of Stryker Corporation or (ii) May 6, 2027. The Reporting Person voluntarily elected to defer receipt of the shares of Stryker Common Stock issuable upon settlement of the RSUs until his departure from the Board of Directors. Each RSU represents a contingent right to receive one share of Stryker Common Stock.
Key Figures
RSU grant size: 762 RSUs
RSU vesting date: Earlier of 2027 annual meeting or May 6, 2027
Shares held after grant: 18,465 shares
+1 more
4 metrics
RSU grant size
762 RSUs
Award of Restricted Stock Units on May 6, 2026
RSU vesting date
Earlier of 2027 annual meeting or May 6, 2027
100% vesting schedule for granted RSUs
Shares held after grant
18,465 shares
Direct Stryker common stock holdings following RSU award
Grant price per share
$0.00 per share
Compensation-related RSU grant with no cash paid by director
Key Terms
Restricted Stock Units (RSUs), contingent right, settlement of the RSUs, deferral
4 terms
Restricted Stock Units (RSUs) financial
"Represents a grant of Restricted Stock Units (RSUs), which vest as to 100% of the shares"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
contingent right financial
"Each RSU represents a contingent right to receive one share of Stryker Common Stock."
settlement of the RSUs financial
"shares of Stryker Common Stock issuable upon settlement of the RSUs until his departure"
deferral financial
"The Reporting Person voluntarily elected to defer receipt of the shares"
FAQ
What insider transaction did Stryker (SYK) director Andrew Silvernail report?
Andrew K. Silvernail reported receiving an award of 762 Restricted Stock Units (RSUs) of Stryker common stock. This is a compensation-related equity grant, not an open-market purchase or sale, and increases his direct ownership position in the company.
How do the 762 RSUs granted to Stryker (SYK) director Silvernail vest?
The 762 RSUs vest in full on the earlier of the 2027 Annual Meeting of Shareholders or May 6, 2027. Once vested and settled, each RSU converts into one share of Stryker common stock, subject to Silvernail’s elected deferral.
Did Andrew Silvernail defer his Stryker (SYK) RSU award?
Yes. Silvernail voluntarily elected to defer receipt of the Stryker common shares underlying the 762 RSUs until his departure from the Board. This means settlement into actual shares occurs later, even after the RSUs have vested in 2027.
Is Silvernail’s Stryker (SYK) Form 4 transaction a stock sale or purchase?
No. The Form 4 reports an acquisition coded as a grant or award of 762 RSUs at no cash cost per share. It is not an open-market buy or sell but part of his equity compensation as a Stryker director, with future settlement into shares.