Stryker (SYK) Group President logs equity awards and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stryker Group President Viju Menon reported routine equity compensation activity. Dividend equivalents tied to previously earned performance stock units were exercised into 269 shares of Common Stock, while 4,718 shares were withheld at $335.67 per share to cover tax obligations. Following these entries, he directly holds 17,382 shares, plus 198 shares indirectly through a 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
269 shares exercised/converted
Mixed
4 txns
Insider
Menon Viju
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalents | 269 | $0.00 | -- |
| Exercise | Common Stock | 269 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,718 | $335.67 | $1.58M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Dividend Equivalents — 0 shares (Direct);
Common Stock — 22,100 shares (Direct);
Common Stock — 198 shares (Indirect, By 401K)
Footnotes (1)
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FAQ
What insider transactions did Stryker (SYK) report for Viju Menon?
Stryker reported that Group President Viju Menon exercised dividend equivalents into 269 shares of Common Stock and had 4,718 shares withheld to cover taxes. These transactions reflect routine equity compensation rather than open-market buying or selling of shares.
What are dividend equivalents in Stryker (SYK) equity awards?
Dividend equivalents are additional units credited in connection with equity awards, mirroring dividends on Common Stock. In this case, 269 dividend equivalents related to earned performance stock units vested and were settled into an equal number of Stryker Common Stock shares.
Were Viju Menon’s Stryker (SYK) transactions open-market trades?
No, the transactions were not open-market trades. They involve exercising dividend equivalents into 269 shares and a Form F tax-withholding disposition of 4,718 shares. Both are routine equity compensation and tax events rather than discretionary market purchases or sales.