Stryker (NYSE: SYK) Group President logs PSU vesting and tax share delivery
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stryker Group President James Andrew Pierce reported routine equity compensation activity tied to previously earned performance stock units. On March 21, 2026, 430 dividend equivalent units were converted into an equal number of Stryker common shares, while 7,807 shares were delivered to cover tax obligations. Following these transactions, Pierce holds 80,869 Stryker common shares directly, plus indirect holdings of 712 shares through Son GP, 713 shares through Son AP, and 1,595 shares through a 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
430 shares exercised/converted
Mixed
6 txns
Insider
Pierce James Andrew
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalents | 430 | $0.00 | -- |
| Exercise | Common Stock | 430 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,807 | $335.67 | $2.62M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Dividend Equivalents — 0 shares (Direct);
Common Stock — 88,676 shares (Direct);
Common Stock — 712 shares (Indirect, By Son GP)
Footnotes (1)
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FAQ
What insider transaction did Stryker (SYK) report for James Andrew Pierce?
Stryker reported that Group President James Andrew Pierce had 430 dividend equivalent units convert into common stock and 7,807 shares delivered to satisfy tax obligations related to vested performance stock units, reflecting routine equity compensation activity rather than open-market buying or selling.
Were any of James Andrew Pierce’s Stryker (SYK) transactions open-market sales or purchases?
The Form 4 shows no open-market purchases or sales. It reports a derivative exercise converting 430 dividend equivalents into common stock and a tax-withholding disposition of 7,807 shares to cover obligations from vested performance stock units and related dividend equivalents.
What is the significance of the 430 dividend equivalents in Stryker (SYK)’s Form 4?
The 430 shares represent dividend equivalents issued on previously earned performance stock units. These equivalents vested on March 21, 2026 and were settled for an equal number of Stryker common shares, as described in the Form 4 footnote for James Andrew Pierce.
What prior equity award is referenced in the Stryker (SYK) Form 4 footnote for James Andrew Pierce?
The footnote references a prior Form 4 reporting 14,912 Stryker common shares earned from performance stock units. Those units, along with 430 dividend equivalents, vested on March 21, 2026 and were settled in common stock, leading to the current tax-withholding and exercise entries.