Stryker Corp (NYSE: SYK) director awarded 762 deferred RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCoy Sherilyn S reported acquisition or exercise transactions in this Form 4 filing.
STRYKER CORP director Sherilyn S. McCoy received an equity grant of 762 Restricted Stock Units. Each RSU represents a right to receive one share of Stryker common stock. The RSUs vest 100% on the earlier of the 2027 Annual Meeting of Shareholders or May 6, 2027.
McCoy has elected to defer settlement of these RSUs, so the corresponding Stryker shares will be delivered on May 1, 2031. After this grant, she holds 7,190 shares of Stryker common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCoy Sherilyn S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 762 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,190 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 May 1, 2031. Each RSU represents a contingent right to receive one share of Stryker Common Stock.
Key Figures
RSU grant size: 762 RSUs
Post-transaction holdings: 7,190 shares
RSU vesting date: Earlier of 2027 meeting or May 6, 2027
+2 more
5 metrics
RSU grant size
762 RSUs
Equity award reported on May 6, 2026
Post-transaction holdings
7,190 shares
Common shares held directly after RSU grant
RSU vesting date
Earlier of 2027 meeting or May 6, 2027
100% vesting trigger for granted RSUs
Share delivery date
May 1, 2031
Deferred settlement date elected by McCoy
RSU share ratio
1 RSU : 1 share
Each RSU converts into one Stryker common share
Key Terms
Restricted Stock Units (RSUs), contingent right, Annual Meeting of Shareholders, 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."
deferral financial
"elected to defer receipt of the shares of Stryker Common Stock issuable upon settlement"
FAQ
What did Sherilyn S. McCoy report in this STRYKER CORP (SYK) Form 4 filing?
Sherilyn S. McCoy reported receiving 762 Restricted Stock Units in Stryker common stock as a grant. These RSUs are a form of equity compensation that will convert into Stryker shares once they vest and are later settled into stock.
When do Sherilyn S. McCoy’s new STRYKER CORP RSUs vest?
The 762 RSUs vest in full on the earlier of Stryker’s 2027 Annual Meeting of Shareholders or May 6, 2027. Vesting means the award becomes earned, allowing eventual delivery of the underlying Stryker common shares after the deferral period.
What does each RSU represent in Sherilyn S. McCoy’s STRYKER CORP award?
Each Restricted Stock Unit represents a contingent right to receive one share of Stryker common stock. The units themselves are not shares until they vest and are settled, at which point Stryker issues the corresponding number of common shares.