Stryker (NYSE: SYK) COO settles dividend units, 6,690 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
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
430 shares exercised/converted
Mixed
4 txns
Insider
Stiles Spencer S
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalents | 430 | $0.00 | -- |
| Exercise | Common Stock | 430 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,690 | $335.67 | $2.25M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Dividend Equivalents — 0 shares (Direct);
Common Stock — 84,324 shares (Direct);
Common Stock — 1,670 shares (Indirect, By 401K)
Footnotes (1)
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FAQ
What insider transactions did Stryker (SYK) President and COO Spencer S. Stiles report?
Spencer S. Stiles reported vesting of dividend equivalents that converted into 430 shares of Stryker Common Stock, plus a tax-withholding disposition of 6,690 shares at $335.67 per share to satisfy tax obligations tied to this equity compensation.
Were Spencer S. Stiles’ Stryker (SYK) transactions open-market stock sales or routine tax withholding?
The filing shows a tax-withholding disposition of 6,690 shares, not an open-market sale. Shares were withheld at $335.67 to cover taxes on vested equity awards, a common administrative mechanism rather than a discretionary stock sale in the market.
How does this Stryker (SYK) Form 4 relate to earlier performance stock units for Spencer S. Stiles?
A prior Form 4 reported 14,912 performance stock units earned, subject to vesting on March 21, 2026. The current filing clarifies that the 430 dividend equivalent shares are linked to those earned units and vested and settled on the same date.
Does the Stryker (SYK) Form 4 show any remaining derivative or option positions for Spencer S. Stiles?
The data show an exercise of 430 Dividend Equivalents into Common Stock with no remaining balance in that derivative entry. The derivative summary is empty, indicating no additional derivative positions are visible in this particular Form 4 excerpt.