Stryker (SYK) Director Giovanni Caforio Receives RSU Award

What Happened

Giovanni Caforio, a director of Stryker Corporation (SYK), received a grant of 762 restricted stock units (RSUs) on May 6, 2026 (transaction code A). The RSUs were reported at $0.00 per unit on the Form 4 (acquisition by award). Each RSU represents a contingent right to receive one share of Stryker common stock upon vesting; no cash changed hands at grant.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (timely filing).
• Amount: 762 RSUs granted; reporting price: $0.00 (award grant).
• Vesting: 100% vests on the earlier of (i) the 2027 Annual Meeting of Shareholders or (ii) May 6, 2027 (see footnote F1).
• Footnote F2: each RSU equals one share of Stryker common stock upon settlement.
• Shares owned after transaction: not disclosed in the information provided.
• Exhibit: Power of Attorney (Exhibit 24) attached to the filing.

Context

RSU grants are a form of equity compensation and do not involve an immediate purchase or sale of shares. They convert into common stock only after vesting, so this award does not represent an immediate change in Caforio’s tradable holdings. Such grants are routine for directors and executives and should be interpreted as part of compensation rather than a direct buy or sell signal.