Lobo Kevin 4

What Happened
Kevin Lobo, Chair and CEO of Stryker Corporation (SYK), was granted/awarded 50,332 shares on March 9, 2026. The filing reports an acquisition at $0.00 (award/compensation), so the transaction shows $0 paid. This was a performance-based award rather than an open-market purchase or sale.

Key Details

• Transaction type: Award/Grant (code A).
• Transaction date: 2026-03-09; Form 4 filed: 2026-03-11 (appears timely under the 2-business-day rule).
• Shares granted: 50,332; reported acquisition price: $0.00 (compensation award).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote F1: Shares were earned upon achievement of pre-established three-year adjusted diluted EPS and sales performance goals; the earned shares vest on March 21, 2026.
• Footnote F2: The reported balance reflects a one-share correction to a prior report related to withholding for option exercise cost and tax withholding on Feb 6, 2026.

Context
This was a performance-based equity award tied to multi-year financial and sales targets—common executive compensation practice. Because shares were granted as compensation (not purchased), the transaction primarily reflects compensation outcomes rather than a direct market sentiment signal from the insider. The shares do not vest until March 21, 2026, at which point they will become unrestricted unless other conditions apply.