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Stryker (NYSE: SYK) CEO Kevin Lobo logs equity award vesting and tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

  • None.

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.

SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lobo Kevin

(Last)(First)(Middle)
1941 STRYKER WAY

(Street)
PORTAGE MICHIGAN 49002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
STRYKER CORP [ SYK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chair and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/21/2026M1,452(1)A$0248,723D
Common Stock03/21/2026F26,492D$335.67222,231D
Common Stock721IBy 401K
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalents(1)03/21/2026M1,452 (1) (1)Common Stock1,452$00D
Explanation of Responses:
1. 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.
Remarks:
/s/ Austin Y. Ke, attorney-in-fact for Kevin A Lobo03/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did SYK CEO Kevin Lobo report on this Form 4?

Kevin Lobo reported settlement of dividend equivalents into 1,452 Stryker common shares and a separate tax-withholding disposition of 26,492 shares at $335.67 per share. These movements stem from previously earned performance stock units that vested on March 21, 2026.

Were Kevin Lobo’s SYK Form 4 transactions open-market stock sales or purchases?

The Form 4 does not show any open-market buys or sells. It reports a derivative exercise for 1,452 dividend-equivalent shares and a tax-withholding disposition of 26,492 shares, which represents payment of tax obligations rather than discretionary selling in the market.

How many Stryker (SYK) shares does Kevin Lobo own after these Form 4 transactions?

After the reported transactions, Kevin Lobo directly owns 222,231 shares of Stryker common stock and indirectly holds 721 shares through a 401(k) plan. These figures reflect his equity position following the vesting and tax-withholding events on March 21, 2026.

What are the dividend equivalents mentioned in Kevin Lobo’s Stryker Form 4 filing?

The dividend equivalents are additional rights tied to previously earned Performance Stock Units. On vesting, 1,452 dividend-equivalent units were issued and settled into an equal number of Stryker common shares, in connection with performance-based awards that vested on March 21, 2026.

Why were 26,492 Stryker (SYK) shares disposed of in Kevin Lobo’s Form 4?

The 26,492 shares marked with transaction code F were withheld at $335.67 per share to satisfy tax liabilities related to equity compensation vesting. This is a common administrative mechanism for covering taxes, not an open-market sale decision by the insider.
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