Fink M Kathryn 4

What Happened
Kathryn Fink, Vice President and Chief Human Resources Officer at Stryker, had performance-based awards vest on March 21, 2026. As reported, 150 shares were issued as dividend equivalents in connection with previously earned performance stock units and settled into common shares (recorded as an exercise/conversion). To satisfy tax withholding obligations related to the vesting/settlement, 2,064 shares were surrendered/disposed at $335.67 per share, a total value of approximately $692,823. The filings also show a derivative conversion entry for 150 shares (settlement of dividend equivalents).

Key Details

• Transaction date: March 21, 2026; Form 4 filed March 24, 2026.
• Acquired: 150 shares (dividend equivalents/settlement) at $0.00 (non-cash conversion of awards).
• Disposed (tax withholding): 2,064 shares at $335.67 each, total ≈ $692,823 (code F — shares withheld/surrendered for taxes).
• Additional derivative entry: 150 shares shown as a conversion/disposition at $0 (related to the dividend equivalents).
• Footnote: On March 11, 2026 the insider reported earning 5,220 performance stock units that vested March 21, 2026; the 150 shares here are dividend equivalents tied to those PSUs.
• Shares owned after the transactions are not specified in the provided excerpt.

Context
These filings reflect settlement of performance stock units and routine tax withholding rather than an open-market investment decision. Code M indicates conversion/exercise of derivative awards (PSUs), and code F indicates shares used to satisfy tax obligations. Such share surrenders to cover taxes are common when restricted or performance-based awards vest and do not necessarily signal a personal buy or sell decision on company outlook.