Stryker (NYSE: SYK) CEO Kevin Lobo granted 50,332 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stryker Corp Chair and CEO Kevin Lobo received an equity award of 50,332 shares of Common Stock on March 9, 2026 as a grant/award acquisition. The award was earned upon achieving pre-set three-year adjusted diluted net earnings per share goals and sales performance goals, and the earned shares vest on March 21, 2026.
After this award, Lobo directly holds 247,271 shares of Stryker common stock and indirectly holds 721 shares through a 401(k) plan. A one‑share adjustment corrected a previously reported balance related to an earlier option exercise and associated tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lobo Kevin
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,332 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 247,271 shares (Direct);
Common Stock — 721 shares (Indirect, By 401K)
Footnotes (1)
- Acquired upon the achievement of pre-established three-year adjusted diluted net earnings per share goals and sales performance goals. The earned shares vest on March 21, 2026. The balance of shares reflects an adjustment of one share from the amount previously reported to correct the number of shares that were withheld to cover the option exercise cost and tax withholding that occurred on February 6, 2026.
FAQ
What did Stryker (SYK) CEO Kevin Lobo report in this Form 4 filing?
Kevin Lobo reported receiving an equity award of 50,332 shares of Stryker Common Stock as a grant. The award reflects performance against three-year earnings and sales goals and increases his direct ownership stake in the company.
Was there any correction or adjustment noted in Kevin Lobo’s Stryker (SYK) holdings?
Yes. The filing notes a one-share adjustment to correct the previously reported number of shares withheld for option exercise cost and tax withholding from a February 6, 2026 transaction, updating his reported balance by a single share.