Stryker COO settles stock units, covers taxes
Stryker Corp President and COO Spencer S. Stiles reported routine equity compensation activity.
Rhea-AI Filing Summary
Stryker Corp President and COO Spencer S. Stiles reported routine equity compensation activity. On March 21, 2026, dividend equivalents tied to previously earned performance stock units vested, and 430 Dividend Equivalents were exercised and settled into 430 shares of Common Stock.
To cover related tax obligations, 6,690 shares of Common Stock were disposed of at $335.67 per share through share withholding, not an open-market sale. After these entries, Stiles directly holds 77,634 Common Stock shares and indirectly holds 1,670 shares through a 401(k) plan, indicating a continuing substantial ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalents | 430 | $0.00 | $0.00 |
| Exercise | Common Stock | 430 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,690 | $335.67 | $2.25M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. On March 11, 2026, the Reporting Person filed a Form 4 reporting the acquisition of 14,912 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 430 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Stryker (SYK) President and COO Spencer S. Stiles report?
Were Spencer S. Stiles’ Stryker (SYK) transactions open-market stock sales or routine tax withholding?
How does this Stryker (SYK) Form 4 relate to earlier performance stock units for Spencer S. Stiles?
Does the Stryker (SYK) Form 4 show any remaining derivative or option positions for Spencer S. Stiles?
AI-generated analysis. How Rhea-AI works. Not financial advice.