Stryker (NYSE: SYK) CEO Kevin Lobo logs equity award vesting and tax share withholding
Rhea-AI Filing Summary
Stryker Corporation Chair and CEO Kevin Lobo reported routine equity compensation activity tied to previously earned performance stock units. He exercised dividend-equivalent rights into 1,452 shares of common stock and, in a separate transaction, 26,492 shares were withheld at $335.67 per share to cover tax obligations. After these transactions, he holds 222,231 common shares directly and 721 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
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Insights
Routine vesting, minor net change in CEO’s equity exposure.
The transactions reflect settlement of dividend equivalents on previously earned performance stock units for 1,452 shares of Stryker common stock, plus tax withholding of 26,492 shares valued at $335.67 each. These are compensation-driven, not open-market trades.
The filing shows no remaining derivative awards in this data set, and post-transaction direct holdings of 222,231 shares plus 721 indirect 401(k) shares. This scale and pattern indicate routine equity vesting and tax payments rather than a change in Mr. Lobo’s fundamental view of STRYKER CORP.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalents | 1,452 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,452 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 26,492 | $335.67 | $8.89M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. On March 11, 2026, the Reporting Person filed a Form 4 reporting the acquisition of 50,332 shares of Stryker Common Stock earned upon the satisfaction of certain performance criteria, subject to vesting on March 21, 2026 (the "Performance Stock Units"). The 1,452 shares being reported here represent dividend equivalents issued in connection with the earned Performance Stock Units, which also vested on March 21, 2026 and were settled for an equal number of shares of Stryker Common Stock.
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