Stiles Spencer S 4

What Happened
Spencer S. Stiles, President and Chief Operating Officer of Stryker Corporation (SYK), received a grant of 19,956 stock options (reported as a derivative award) on February 4, 2026. The Form 4 reports an acquisition price of $0.00 because this is an option grant rather than a market purchase or sale.

Key Details

• Transaction date: 2026-02-04; Form 4 filed 2026-02-06 (no late-filing flag indicated in the provided details).
• Transaction type/code: A (Award/Grant) — derivative (stock option).
• Quantity granted: 19,956 options; reported acquisition price: $0.00.
• Vesting: Options subject to the Stryker Corporation 2011 Long-Term Incentive Plan; exercisable 20% on each of the first five anniversaries of the grant (per footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing accession: 0001886430-26-000004 (Period of Report: 2026-02-04).

Context
This was a compensation-related option grant, not an open-market buy or sale. Option grants carry the right to buy shares in the future (typically at a set strike price, which is not shown here) and vest over time, so they do not represent an immediate change in market exposure. Such awards are common executive compensation; they differ from purchases, which are often considered stronger signals of insider bullishness.